In a move it says will allow it to connect construction progress, safety and workforce information, the tech company Buildots has acquired another startup: productivity data management platform Genda.
Terms of the transaction between the two companies, which is expected to close by the end of the year, were not disclosed. Genda CEO and founder Erez Dror will continue to oversee operations from his home base in Austin, Texas.
Whether a project experiences delays due to inefficiency, late material arrivals or other reasons, Genda’s insights can be tracked on the Buildots platform that integrates construction data from helmet-mounted reality capture cameras.
“When contractors use Buildots to detect delay risks and create mitigation plans, they naturally want to know which levers worked. Our goal is to make that clear,” said Roy Danon, co-founder and CEO of the Tel Aviv-based company. “No one has yet achieved a comprehensive understanding of construction productivity, so by incorporating Genda’s data into our platform, Buildots is once again breaking new ground.”
The transaction was funded by startup backers S3 Ventures, TenOneTen, ICI Fund and Jibe Ventures. Buildots he said earlier this year has raised $45 million in a Series D funding round, bringing its total funding to $166 million.
“Accelerating the construction of critical infrastructure and ensuring AI dominance is a priority for stakeholders around the world, Buildots is already playing a critical role by putting AI and machine vision in the hands of advanced organizations building data centers, semiconductor factories and battery factories,” said Tal Morgenstern, Partner at Lightspeed Venture Partners and Build Board member. “By combining their knowledge of progress with the intelligence of Genda’s workforce, Buildots is poised to create the world’s first ‘base model’ for construction and the physical world.”
Buildots said that over time, its resources, global reach and investment in product innovation will strengthen Genda’s workforce and security management solutions. Genda’s clients include DPR Construction, Hensel Phelps, Clark Construction, JE Dunn and ANDRES Construction.
Meanwhile, tech entrepreneur Britton Langdon launched BuildFactory in September, an AI-powered platform that connects contractors with fabrication shops and is a software-as-a-service marketplace for manufacturers and project managers looking to procure prefab services.
he he calls his startup the “missing link between coordination and manufacturing—the layer that makes prefab work the way it’s supposed to.”
Langdon He worked in design and virtual construction at Modern Piping Inc. and Mid-Continent Group before founding MSUITE, a suite of shop floor software to help manufacturers make prefab assemblies for construction, which was sold to Stanley Black & Decker in 2022. He was also chief strategy officer at Snaptrude.
“We built BuildFactory as a pressure release valve for awesome teams and a layer of visibility for project managers,” said Langdon. “Upload your package, specify your needs, correspond with the right store, track progress in real time and adjust the scope as things change.”
