Provision raises $7 million USD in seed funding to develop AI copilots for construction estimating, led by Cercano Management.
Amount Raised
$7 Million
Round Type
Seed
AhmedabadRetailInsuranceInvestors
Description
Provision, a Toronto-based construction technology startup, has secured $7 million USD in seed funding to build AI copilots that assist construction estimators. The funding round, closed in August, was led by Cercano Management and supported by Jamie McDonald, Y Combinator, and One Way Ventures. This funding brings Provision’s total to $8.7 million to date. The company aims to minimize errors and streamline the estimating process for construction projects.
Quick answer
Provision raised $7 Million in a Seed round, dated October 15, 2025. Investors: Jamie McDonald, Y Combinator, One Way Ventures and Cercano Management. Provision is based in Ahmedabad, Gujarat, India.
- How much did Provision raise?
- Provision raised $7 Million in a Seed round on October 15, 2025.
- Who invested in Provision?
- Jamie McDonald, Y Combinator, One Way Ventures and Cercano Management are named as investors in this round.
- What does Provision do?
- Provision Insurance Group was founded in 2013 as an independent insurance platform focused on selling primarily personal lines (auto, home) and small commercial insurance products.
- Where is Provision based and how big is it?
- Provision is based in Ahmedabad, Gujarat, India. Fundz records about 1 employees.
Source: Fundz verified event record.
Who else raised in Retail and Insurance around the same time
Companies in the same sectors as Provision that raised within 45 days of this round, from Fundz verified event records.
- QuoteWell raised $12M (Funding Round) on October 8, 2025.
- Humbrela raised $186K (Seed) on November 28, 2025.
- Noahs raised $2.2M (Seed) on November 26, 2025.
- ONYA raised $617K (Pre-Seed) on November 26, 2025.
- Roojai raised $60M (Series C) on November 26, 2025.
- PublicSquare raised $10K on November 26, 2025.
Who to call at Provision, and when
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- An alert the day Provision raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Provision, from your own LinkedIn network
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Provision 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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