With the construction industry primed for digitization, construction tech startups are focusing on emerging categories like collaboration software, marketplaces, and frontier tech applications.
Construction is an asset-heavy industry that startups and investors increasingly recognize as a sector primed for digitization. Last year saw more than $735M in disclosed funding across 95+ deals to construction tech companies.
Startups in the space are attacking the industry across diverse areas ranging from field management to equipment and materials marketplaces. In particular, construction has seen a surge in the applications of mobile and cloud technologies, AI and robotics, AR/VR, and CAD software.
Using the CB Insights platform, we identified 100+ startups working in construction tech and categorized them across 14 key categories and subcategories — including marketplaces, monitoring and safety, and design technologies.
We construction tech to include startups working on software tools and platforms for use by various participants in the construction industry, including architects, developers, builders, and contractors.
Scroll down to read a full description of categories and to view a table of every startup included in our map. You can find an editable version of this market map in the Construction Tech Collection.
This market map includes private, active companies only and is not meant to be exhaustive of companies in the space. Categories are not mutually exclusive and companies are categorized according to primary use case.
Please click to enlarge.