Search company, investor...
Search
PlanGrid company logo

The profile is currenly unclaimed by the seller. All information is provided by CB Insights.

plangrid.com

Founded Year

2011

Stage

Acquired | Acquired

Total Raised

$66M

Valuation

$0000 

Revenue

$0000 

About PlanGrid

PlanGrid is a cloud-based construction document collaboration platform that allows plans and markups to be instantaneously shared with everyone on a construction project, no matter where they are. The platform lets contractors and architects collaborate from their desktop or mobile devices across all their project plans, specs, photos, RFIs and punchlists.

PlanGrid Headquarters Location

2111 Mission Street Suite 400

San Francisco, California, 94110,

United States

800-646-0796

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Research containing PlanGrid

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned PlanGrid in 4 CB Insights research briefs, most recently on Feb 9, 2022.

Expert Collections containing PlanGrid

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

PlanGrid is included in 1 Expert Collection, including Construction Tech.

C

Construction Tech

642 items

Companies using technology to improve processes in the construction industry.

PlanGrid Patents

PlanGrid has filed 2 patents.

The 3 most popular patent topics include:

  • Diagrams
  • Infographics
  • Social networking services
patents chart

Application Date

Grant Date

Title

Related Topics

Status

8/13/2018

2/16/2021

Technical drawing, Diagrams, Infographics, Social networking services, Systems engineering

Grant

Application Date

8/13/2018

Grant Date

2/16/2021

Title

Related Topics

Technical drawing, Diagrams, Infographics, Social networking services, Systems engineering

Status

Grant

Latest PlanGrid News

Ashby lands $21.5M to automate key aspects of recruiting

Sep 13, 2022

As hiring remains challenging in an economy where jobs are plentiful (depending on the sector), venture capitalists continue to pump money into HR startups focused on assessing and onboarding candidates. According to PitchBook, companies focused on tackling hurdles in payroll and people management and recruitment raised $12 billion last year. For example, Velocity Global , which offers a platform that handles onboarding and payroll, raised $400 million in a single funding round last year, while employee management software vendor Rippling landed $250 million. In a sign that the enthusiasm isn’t dying down, Ashby , a new recruitment platform launching out of stealth, has raised $21.5 million in equity financing. F-Prime Capital led the Series B with participation from Elad Gil, Lachy Groom, Semper Virens, Base Case Capital and Gaingels, bringing Ashby’s total raised to $34.5 million. Ashby was founded in 2018 by Benjamin Encz and Abhik Pramanik, who met while working together at PlanGrid, a construction productivity software startup. Prior to PlanGrid, Pramanik was an R&D engineer at Industrial Light & Magic and co-launched Choir, a mobile app designed to provide therapies to those with mental health challenges. Encz was a project lead at German IT service provider Datagroup before building clinical software, workflows and processes for the Mayo Clinic. At PlanGrid, where Encz was the director of engineering and spent the bulk of his time on recruitment and recruitment-related tasks, Encz says he ran into limitations with existing applicant tracking systems (ATS) — and was inspired to build one from scratch. It isn’t just him. According to one survey , 50% of employers don’t use ATS software, whether because of blockers with implementation or insufficient C-suite buy-in. “Recruitment teams are being disproportionately impacted by current tech layoffs — this creates the need to run leaner budgets and do more with less headcount,” Encz told TechCrunch in an email interview. “Ashby is consolidating recruitment tools for companies with double-digit employee counts. [The platform’s] automation of tasks like sourcing and scheduling are big advantages for lean recruiting teams.” Ashby’s job candidate tracking dashboard. Image Credits: Ashby Encz sees Ashby replacing solutions from vendors like Greenhouse and Lever with algorithms — specifically scheduling and profiling algorithms. He claims that the platform uses AI to automatically find times that work for interviewers and interviewees and infer demographic data like gender and ethnicity, which clients use for aggregate analyses of diversity, equity and inclusion (DEI) hiring metrics. Encz was quick to assert that the demographic data can only be used in the aggregate and not in a way that impacts individual hiring decisions. “The average recruiting team of a company with more than 100 employees has three to five tools, which is expensive, compromises data quality and slows down the process,” Encz said. “Existing recruiting data and analytics are limited and unreliable, making it difficult for finance to do … planning. Hiring managers can’t keep track of candidate pipeline or track DEI statistics. Ashby’s platform is particularly strong in data collection, data quality, multi-departmental workflows and reporting — we have templates and custom options.” The market for recruitment software could reach reach $3.85 billion by 2028. A number of startups are competing for a slice of it, unsurprisingly, like Guide and Fletcher . Elsewhere, recruitment platform Gem gained unicorn status last September. But Encz says that Ashby already has a number of high-profile customers, including Notion, Opendoor, FullStory and Figma, and a client base exceeding 500 brands. He declined to share revenue metrics while averring that the company is prepared for a potential slowdown, noting that Ashby intends to increase headcount from 55 employees to 75 by the end of the year. As alluded to earlier, one factor in Ashby’s favor is enduring demand for HR tech broadly speaking. The market has proven remarkably resilient in the face of both pandemic and economic headwinds, as companies invest in digital infrastructure and macroeconomic fears increase the pressure on HR teams — some of which had to contend with layoffs among their ranks — to vet candidates carefully. “Last year was a huge accelerant — this year less so,” Encz said. “We anticipate a potential slowdown but we are well-capitalized. The Series B was opportunistically based on strong growth and wanting to have a healthy cash reserve. In the next 12 months, will use the new injection of funding to expand Ashby’s offering further beyond what is typically found in ATS, allowing us to be more aggressive on product, design and engineering hiring.”

  • When was PlanGrid founded?

    PlanGrid was founded in 2011.

  • Where is PlanGrid's headquarters?

    PlanGrid's headquarters is located at 2111 Mission Street, San Francisco.

  • What is PlanGrid's latest funding round?

    PlanGrid's latest funding round is Acquired.

  • How much did PlanGrid raise?

    PlanGrid raised a total of $66M.

  • Who are the investors of PlanGrid?

    Investors of PlanGrid include Autodesk, Sequoia Capital, Tenaya Capital, Y Combinator, Northgate Capital and 15 more.

  • Who are PlanGrid's competitors?

    Competitors of PlanGrid include Procore and 5 more.

You May Also Like

Buildertrend Logo
Buildertrend

Buildertrend provides web-based home builder software to optimize communication between the residential builders, their customers, vendors, and subcontractors. The construction management software provides real-time 24/7 access to construction scheduling, change orders, documents, photos, warranty management, homebuyer selections, and much more.

BuildOps Logo
BuildOps

BuildOps provides an all-in-one solution for commercial service contractors. Its software integrates scheduling, dispatching, inventory management, contracts, workflow, and accounting into a single software package for commercial real estate contractors. The company serves customers operating in the industrial sector. It was founded in 2018 and is based in Santa Monica, California.

S
SkillSignal

SkillSignal is a one-stop safety & compliance platform in Construction, used by job sites across the US. SkillSignal exists to serve and protect the safety of hardworking people in construction.

G
G360 Intelligence

G360 offers scalable solutions that provide intelligent data and process management based on top risks and operational details for business users. Unlike traditional approaches, G360 solutions are expertly designed for business users without the need of software engineers and data scientists. Radius is an intelligent incident management solution that enables organizations to easily capture safety and security incidents, quickly detect key issues, and instantly communicate vital information across departments-anytime, anywhere. Echo is an advanced audit, remediation and compliance solution. Echo enables organizations to address their evolving needs in internal and external audits, corrective actions programs, and various compliance requirements.

SafetyCulture Logo
SafetyCulture

SafetyCulture provides a mobile app and platform that puts safety and quality applications into workers' hands. The company creates smart checklists, conducts on-site inspections, analyses data, and shares insights in real-time.

Stack Construction Technologies Logo
Stack Construction Technologies

STACK Construction Technologies provides takeoff and estimating software for professional construction contractors. The company's cloud-based platform helps users to transform and streamline the pre-construction process by empowering them to quickly and accurately measure digital plans, collaborate with team members, customize materials and pricing and finalize project estimates.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.