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Firmus raises additional funding led by Navitas Capital for pre-construction AI risk management

PRIVATEMay 15, 2024

Round Type

Funding Round

MiamiArtificial IntelligenceMachine LearningConstruction

Investors

Unorthodox VenturesPi LabsHeartland VenturesNavitas Capital

Description

Firmus closed on several million dollars in additional funding led by Navitas Capital, with participation from Heartland Ventures, PiLabs, and Unorthodox Ventures. The capital will facilitate Firmus' commitment to revolutionizing pre-construction approaches with rapid growth in AI-driven bid-ability and constructability review, expanded capabilities, new system integrations, and deeper market penetration.

Quick answer

Firmus raised an undisclosed amount in a Funding Round round, dated May 15, 2024. Investors: Unorthodox Ventures, Pi Labs, Heartland Ventures and Navitas Capital. Firmus is based in Miami, Florida, United States.

How much did Firmus raise?
Firmus raised an undisclosed amount in a Funding Round round on May 15, 2024.
Who invested in Firmus?
Unorthodox Ventures, Pi Labs, Heartland Ventures and Navitas Capital are named as investors in this round.
What does Firmus do?
Firmus is the market leader in pre-construction AI design review and risk analysis.
Where is Firmus based and how big is it?
Firmus is based in Miami, Florida, United States. Fundz records about 39 employees.
Who are the decision-makers at Firmus?
Fundz holds 4 contacts at Firmus, including the VP of Products. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Construction and Artificial Intelligence around the same time

Companies in the same sectors as Firmus that raised within 45 days of this round, from Fundz verified event records.

  • RadiantGraph raised $14M on June 28, 2024.
  • Gradient AI raised $36M on June 28, 2024.
  • Dust raised $16M (Series A) on June 27, 2024.
  • Better Futures raised $541K (Pre-Seed) on June 27, 2024.
  • Vizzu raised $1.5M (Seed) on June 27, 2024.
  • Synthflow raised $7.4M (Seed) on June 27, 2024.

Who to call at Firmus, and when

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Company Information

Company

Firmus

Location

Miami, Florida, United States

About

Firmus is the market leader in pre-construction AI design review and risk analysis. Firmus' easy-to-use platform enables general contractors, developers, and AEC stakeholders to detect and mitigate design issues early. Adopted by some of the largest construction and design-build firms in North America, Firmus increases efficiency and bid accuracy while mitigating risk. Securely managed from a single cloud-based platform, Firmus provides the most reliable and cost-effective design review AI in the industry. For more information about Firmus, please visit our website www.firmus.ai.

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Related People

4 contacts
Verified contactsEtay, VP of Products hiddenSee plans and pricing
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Firmus 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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.