From drones to heat-sensing technology, the construction industry is making use of technological advancements and putting them to work on sites. Here are eight startups focused on technology for contractors that have secured strong rounds of funding over the past few months.
Billd
Payments company Billd, which focuses on creating payments systems for the construction industry, announced in July that it received $30 million in funding, led by investment firm LL Funds. The payments system focuses primarily on material financing and helping contractors solve what it calls “insufficient construction payment cycles.” Billd will put the money toward securing more employees to accelerate growth and fortify company infrastructure, along with looking to partner with industry leaders in the payments and construction space.
Source: www.constructiondive.com
