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Founded Year



Series B | Alive

Total Raised


Last Raised

$5M | 1 yr ago

About TraceAir

TraceAir uses UAVs to analyze and track progress on construction sites. TraceAir is developing a cloud platform to help construction companies control quality and costs of construction with visual interface and smart analytics powered by autonomous UAVs.

Headquarters Location

1741 Broadway 2nd Floor

Redwood City, California, 94063,

United States


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Expert Collections containing TraceAir

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

TraceAir is included in 4 Expert Collections, including Construction Tech.


Construction Tech

873 items

Companies using technology to improve processes in the construction industry.



1,974 items

This collection includes startups developing autonomous ground robots, unmanned aerial vehicles, robotic arms, and underwater drones, among other robotic systems. This collection also includes companies developing operating systems and vision modules for robots.


Job Site Tech

464 items

Companies offering tech solutions for the future of the job site for industries like construction, mining, discrete and process manufacturing, oil & gas, forestry, and more


Aerospace & SpaceTech

2,304 items

Latest TraceAir News

Russian-American startup TraceAir secures $5 million to address “burning needs” in US construction industry

Nov 30, 2021

By East-West Digital News / November 30, 2021 November 30, 2021 Less than one year after securing its Series A round ($3.5 million), TraceAir , a construction software startup with Russian roots, has attracted $5 million from Flashpoint Venture Capital,  reports Rusven . Founded in 2015, TraceAir has developed a cloud platform to help construction companies control quality and costs with the help of drone data, smart analytics and an advanced visual interface. Among other benefits, customers can “minimize waste using site balance tools to track cut/fills,” and “save time and manage projects remotely using drone images.” The company has 80 employees in Russia and the USA, with headquarters in Redwood, California. Explaining, in a recent media interview, why his startup expanded to the US, TraceAir CEO Dmitry Korolev said: “The U.S, construction market is much bigger than it is in Russia. It is the second-largest in the world after China. It is 60 times bigger here than in Russia. We came to the Bay Area because it is the best place to do the software and product development we want to do.” Meanwhile, TraceAir also has an impressive client portfolio in Russia, including such industry giants as Gazprom Invest and Nornickel in Russia. In total, the company claims its technology is in use in more than 800 projects across the world. The Covid-19 pandemic, which results in delayed projects and  a variety of other issues  in the construction industry, gave a boost to TraceAir since its technology allows for more efficient remote collaboration. The company claims its sales grew three fold this year, compared with 2020. The Russian-American startup will use the fresh funding to develop in the US real estate construction market, in particular. “New working practices and  safety requirements  raise the importance of automation tools, enabling us to complete many tasks remotely and to accelerate site completion,” said Brian McCosker, president of Independent Construction, in  previous statements . The TraceAir platform an answer to “the industry’s most burning needs,” he added. Previously known as Buran Capital, Flashpoint Venture Capital is a notable investor in Central and Eastern Europe, Finland and Israel. TraceAir’s previous investors include GEM Capital, GPS Ventures, Liquid 2 Ventures, Metropolis.VC, PIKvc, Sistema_VC, XTX Ventures, US construction industry majors Independent Construction and ENGEO, as well as Wrike founder Andrew Filev. In 2016, the startup received $125,000 from 500 startups. Share this:

TraceAir Frequently Asked Questions (FAQ)

  • When was TraceAir founded?

    TraceAir was founded in 2015.

  • Where is TraceAir's headquarters?

    TraceAir's headquarters is located at 1741 Broadway, Redwood City.

  • What is TraceAir's latest funding round?

    TraceAir's latest funding round is Series B.

  • How much did TraceAir raise?

    TraceAir raised a total of $11.25M.

  • Who are the investors of TraceAir?

    Investors of TraceAir include Flashpoint Venture Capital, Independent Construction, ENGEO, Liquid 2 Ventures, Metropolis Ventures and 8 more.

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