Dive Brief:
- Seattle-based construction technology startup Pavia Systems has raised $4 million in funding to speed the go-to-market pace of its HeadLight data collection and project documentation software, according to GeekWire.
- Expected system enhancements in 2017 include pay items management, advanced reporting, dashboard analytics and improved system integrations with other software.
- Incubated out of the University of Washington in 2005, Pavia Systems began as a bootstrapped tech startup with an eye to provide online training modules for transportation contractors, a model that evolved into video and photo capture for accelerated data collection and real-time project updates.
Dive Insight:
In August 2015, the company secured $3 million in funding from an unnamed investor. As part of the current $4 million fundraise, San Francisco-based Eileses Capital joins as a lead investor and strategic advisor, in part to help Pavia scale as a software as a services (SaaS) provider.
The HeadLight project intelligence platform has been deployed on major infrastructure projects currently under construction in Alabaman, California, Colorado, Illinois, Minnesota and Texas and aims to leverage mobile-enabled reporting to eliminate paper-based reporting for heavy civil and transportation contractors.
The Washington State Department of Transportation uses HeadLight on marquee infrastructure projects including the Alaskan Way Viaduct and the SR-520 floating bridge.
Construction tech startups have seen a wave of investor interest, such as Fieldwire, a construction project mobile and web platform services firm that snagged a $6 million investment p;last year, and bid management startup BuildingConnected, which raised $8.5 million in November. And last year, mechanics-lien management startup zlien scored $5 million in growth equity investment for its construction-payment and lien-waiver exchange platform.
