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Construction Tech Startup Mercator Ai To Accelerate Growth With $3.75M Usd In Seed Funding

Mar 21, 2023•over 2 years ago

Round Type

seed

CalgaryConstructionMachine LearningReal EstateArtificial Intelligence

Description

Mercator AI, a real-time construction intelligence platform, today announced that it has raised $3.75 million USD and successfully oversubscribed its seed round to accelerate growth. Freestyle Ventures and Builders VC co-led the financing, bringing Mercator AI’s total raised to $4.46 million USD since its inception in October 2020.

Company Information

Company

Mercator AI

Location

Calgary, Alberta, Canada

About

Mercator AI is a real-time construction intelligence platform enabling business developers across construction, real estate, and manufacturing to find and qualify new opportunities faster. By mining and analyzing millions of data points across commercial and industrial projects, Mercator AI is able to identify signals of early construction activity, reveal who’s involved, and tie this active project information back to rich company profiles. Their mission is to give business developers more time to do what they do best, and support them with the insights they need to have informed and productive conversations. More at mercator.ai

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