Construction technology firm Veyor has secured $7.5 million in Series A funding as rapid U.S. growth fuels its push into the world’s largest construction market.
The round, led by Marbruck Investments, included participation from CoAct and returning backers Investible and SpringCapital. The raise values the Sydney-founded company between $35 million and $55 million.
Now headquartered in Austin, Texas for its U.S. operations, Veyor says strong American traction is accelerating its global expansion strategy.
U.S. Growth Drives Expansion
The United States accounts for more than 30% of Veyor’s total revenue and is expanding at over 150% year over year. The company currently serves more than 60 customers across 30-plus states and expects U.S. revenue to exceed 50% of total revenue within the next 12 to 24 months.
Veyor’s platform digitizes site logistics and materials coordination — a longstanding productivity gap in construction that is often still managed through spreadsheets, phone calls and email chains. The system acts as a real-time record of deliveries and material flows, connecting contractors, suppliers, tenants and building operators across complex jobsites and high-traffic assets.
Its customer base includes major contractors such as Turner Construction Company, Skanska and Balfour Beatty. The software is also used at large-scale facilities including John F. Kennedy International Airport and Capital One Arena.
Investors See Structural Opportunity
Prue Freestone, Principal at Marbruck Investments, said Veyor’s US growth, enterprise validation and clear operational value were central to its decision to lead the round.
“We look for companies solving real, structural problems with measurable ROI. Veyor has demonstrated strong product–market fit in the US, scaling with leading contractors and asset owners in a capital-efficient way. The platform addresses a critical operational gap in construction, and we see a clear path for it to become foundational infrastructure for the built environment.”
CEO and Co-founder Richard Fifita said the funding positions Veyor to accelerate its international expansion and long-term ambition.
“This is a step-change moment for Veyor. We’ve proven the model locally and built real momentum in the US, and now we’re scaling with intent. Our ambition is to become the system of record for site logistics globally. With this capital, we’re doubling down on product depth and US expansion to build enduring operational infrastructure for the built environment.”
Expanding Product Depth and U.S. Footprint
Proceeds from the Series A will fund senior go-to-market hires in the U.S., support further platform development and expand capabilities beyond delivery scheduling into procurement, inventory and warehouse management.
As part of the next phase, Fifita will relocate to the United States to support in-market execution and enterprise growth.
The company says its focus remains on simplifying delivery and material management for busy loading docks and construction sites — reducing congestion, delays, unauthorized access and miscommunication. By creating a centralized logistics system, Veyor aims to improve project predictability, reduce costly downtime and provide real-time transparency across stakeholders.
With digital adoption accelerating across the construction sector, Veyor’s leadership believes site logistics — often overlooked compared to design and financial management tools — represents a critical frontier for productivity gains in the built environment.
Originally reported by Veyor in Construction Dive.
