Fundz

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

PRIVATEMar 21, 2023

Round Type

Seed

HoustonSoftwareReal EstateArtificial IntelligenceMachine LearningConstructionBuilding Maintenance

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.

Quick answer

Mercator.ai raised an undisclosed amount in a Seed round, dated March 21, 2023. Mercator.ai is based in Houston, Texas, United States.

How much did Mercator.ai raise?
Mercator.ai raised an undisclosed amount in a Seed round on March 21, 2023.
What does Mercator.ai do?
Mercator.ai is an AI-powered relationship-based business development software tailored for General Contractors, Sub-Contractors, Suppliers, and Construction Service Providers.
Where is Mercator.ai based and how big is it?
Mercator.ai is based in Houston, Texas, United States. Fundz records about 20 employees.
Who are the decision-makers at Mercator.ai?
Fundz holds 3 contacts at Mercator.ai. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Real Estate and Construction around the same time

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

  • SKYX Platforms raised $12M on April 28, 2023.
  • SKYX Platforms raised $2M on April 27, 2023.
  • SKYX Platforms raised $2.3M on March 29, 2023.
  • SKYX Platforms raised $8.1M on February 6, 2023.
  • STELLA™ Automotive AI raised $4M (Seed) on May 4, 2023.
  • Safebooks raised $4.9M (Seed) on May 4, 2023.

Who to call at Mercator.ai, and when

A new round usually means Mercator.ai is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Mercator.ai raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Mercator.ai, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at Mercator.ai. With Fundz connected, it knows.

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Company Information

Company

Mercator.ai

Location

Houston, Texas, United States

About

Mercator.ai is an AI-powered relationship-based business development software tailored for General Contractors, Sub-Contractors, Suppliers, and Construction Service Providers. It offers the fastest and most accurate means to discover early and viable construction opportunities, covering both public and private projects. The platform enables users to gain real-time insights and develop targeted business development strategies efficiently. With innovative technology, it transforms the pursuit of construction projects and fosters profitable relationships in the industry.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Mercator.ai raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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ML-powered predictions for Mercator.ai's next move

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Mercator.ai raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, 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.