Field Materials raises $10.5M in Series A funding led by Navitas Capital. The company plans to double its team and triple revenue in 2025.
Amount Raised
$10.5 Million
Round Type
Series A
San FranciscoSoftwareArtificial IntelligenceInvestors
Description
Field Materials, a Charlotte, NC-based developer of an AI platform for procurement in construction, raised $10.5M in Series A funding. This round brings total funding to nearly $19M, led by Navitas Capital with participation from several investors. The company aims to use the funds to expand its team and enhance growth in 2025. Founded in 2022, Field Materials is already handling over $360M in purchases annually.
Quick answer
Field Materials raised $10.5 Million in a Series A round, dated April 30, 2025. Investors: S16vc, Superseed Ventures, Blumberg Capital, DivcoWest Ventures and Navitas Capital. Field Materials is based in San Francisco, California, United States.
- How much did Field Materials raise?
- Field Materials raised $10.5 Million in a Series A round on April 30, 2025.
- Who invested in Field Materials?
- S16vc, Superseed Ventures, Blumberg Capital, DivcoWest Ventures and Navitas Capital are named as investors in this round.
- What does Field Materials do?
- Field Materials is the leading AI procurement platform for contractors to control and verify spending.
- Where is Field Materials based and how big is it?
- Field Materials is based in San Francisco, California, United States. Fundz records about 28 employees.
- Who are the decision-makers at Field Materials?
- Fundz holds 1 contact at Field Materials. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Software and Artificial Intelligence around the same time
Companies in the same sectors as Field Materials that raised within 45 days of this round, from Fundz verified event records.
- Cursor raised an undisclosed amount (Funding Round) on April 21, 2025.
- Dreamhub raised $7M (Seed) on June 13, 2025.
- Lemonflow raised an undisclosed amount (Pre-Seed) on June 13, 2025.
- Ryght raised $3M (Seed) on June 12, 2025.
- Vercept raised $16M (Seed) on June 12, 2025.
- Landbase raised $30M (Series A) on June 12, 2025.
Who to call at Field Materials, and when
A new round usually means Field Materials is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Field Materials raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Field Materials, from your own LinkedIn network
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Funding Insights
What this usually meansField Materials raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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