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PermitFlow just raised. Here's exactly what to do next.

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This YC alum just raised $31M to build the ‘TurboTax for construction permitting’

PRIVATEFeb 21, 2024•over 2 years ago

Amount Raised

$31 Million

Round Type

series a

New YorkSoftware

Investors

Altos VenturesFelicis VenturesY CombinatorInitialized CapitalKleiner Perkins

Description

PermitFlow has raised $31 million in Series A funding led by Kleiner Perkins. The financing comes just over a year after it raised $5.5 million in seed funding led by Initialized Capital and also participated in by Y Combinator, Felicis Ventures, Altos Ventures, and a number of angel investors.

Company Information

Company

PermitFlow

Location

New York, New York, United States

About

PermitFlow is a Y Combinator alum that has developed 'end-to-end' workflow and automation software that aims to 'take care of permitting from soup to nuts.' It primarily works with general contractors to help make the permitting process less painful and also works with commercial clients. The company's largest footprints are in California, Florida, and Texas, but it operates in municipalities across the country with the plan of expanding nationally.

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Predictive Intelligence
Strategic

ML-powered predictions for PermitFlow's next move

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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 FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies.

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