Investment in construction technology continued to accelerate in early 2026, with six startups collectively raising $126 million to expand tools focused on artificial intelligence, jobsite monitoring and project management.
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Venture capital firms have increasingly targeted companies developing AI-driven solutions that help contractors improve safety, automate workflows and analyze project data. The funding rounds highlight strong investor interest in technologies that address longstanding productivity challenges in construction.
Startups developing AI-powered estimating tools, reality capture systems, safety monitoring platforms and financial software were among those securing new funding to support product development and market expansion.
A major portion of the funding went to startups developing tools that apply artificial intelligence to jobsite data and project workflows.
Fyld, a London-based firm specializing in AI-driven reality capture software, secured $41 million in a Series B funding round led by Energy Impact Partners with participation from Partech.
The company’s platform allows workers to record short videos on jobsites, which are then analyzed by AI systems to identify safety risks, quality issues and delivery concerns before they escalate. According to the company, contractors using the software have reported reductions in serious workplace incidents of up to 48%.
The company has expanded its customer base to include major contractors such as Kiewit and Emery Sapp & Sons. Fyld also reported 82% year-over-year growth in 2025 and expects the United States to account for more than 40% of its revenue by the end of 2026.
Investors also backed startups focused on improving jobsite safety and monitoring through AI-powered data analysis.
Sensera Systems raised $27 million in a Series B funding round led by 10 Atlantic Group, with additional investment from Egis Capital Partners and MUUS Asset Management.
The Colorado-based company offers SiteCloud, a jobsite monitoring platform that analyzes images captured on construction projects and flags potential safety issues. Its artificial intelligence tools are designed to identify hazards related to the Occupational Safety and Health Administration’s “Fatal Four” causes of workplace fatalities.
The system can also provide contractors with daily briefings on weather conditions, jobsite security events and overall project progress.
The company said the new funding will support further development of its AI-powered monitoring technology as well as expansion into additional markets.
Another key investment area was construction estimating software, which aims to streamline preconstruction workflows and reduce the time required to generate project bids.
XBuild, based in San Francisco, raised $19 million in a Series A funding round led by N47 with participation from Rackhouse Ventures and Andreessen Horowitz.
The company’s platform uses AI to generate construction estimates through a chat-based interface. Users can upload measurement reports or describe a project and receive a cost estimate in approximately 15 minutes.
The platform also includes tools for digital signatures, payment processing and project analytics, allowing contractors to track project margins, sales performance and bid success rates.
The company plans to expand the software across multiple trades including concrete, landscaping, insulation, painting and HVAC services.
Other startups focused on modernizing outdated software systems used across construction operations and equipment rental.
Moab raised $16 million in combined seed and Series A funding to develop a cloud-based operating system for equipment rental businesses.
The company aims to replace older on-premise software platforms that many contractors still use to manage rental fleets and logistics. Its platform is designed to handle real-time data management and operational complexity for companies managing large equipment inventories.
The startup expects its system to eventually manage more than $2.5 billion in transaction volume annually and oversee over $4 billion in equipment assets.
Additional investment also flowed into startups focused on construction finance and procurement automation.
Payra raised $15 million in growth equity funding from Edison Partners.
The Nashville-based company provides software that integrates with enterprise resource planning platforms such as Trimble, Sage and NetSuite to automate accounts receivable and payment collection processes.
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According to the company, customers using the platform have achieved 20% reductions in days sales outstanding and 75% fewer past-due invoices.
Meanwhile, Stockholm-based Brickanta secured $8 million in seed funding led by Northzone.
Brickanta’s software analyzes construction bid documents and project specifications to identify potential issues and improve procurement workflows. The platform can generate request-for-proposal bundles in as little as 15 minutes, significantly reducing time spent on preconstruction tasks.
The latest funding rounds underscore continued investor interest in the construction technology sector.
Venture capital firms have increasingly targeted solutions that improve jobsite safety, project efficiency, cost estimation and financial workflows, areas where many construction firms still rely on manual processes or outdated software.
As labor shortages, project complexity and data management challenges persist across the industry, startups offering AI-driven automation and analytics tools are expected to play a growing role in shaping the future of construction operations.
Originally reported by Matthew Thibault, Reporter in Construction Dive.
