Attentive.ai Secures $7M for AI-Powered Construction Analytics Tool
In a significant move towards automation in the construction sector, Attentive.ai, a startup specializing in construction and landscaping software, has successfully secured $7 million in a Series A funding round led by Vertex Ventures.
Attentive.ai's CEO, Shiva Dhawan, highlights the platform's capability to streamline and improve the efficiency of bidding processes through AI-driven workflows and automated site measurements. This advancement represents broader industry trends that increasingly integrate AI to minimize errors and optimize operations within the construction industry.
With the adoption of AI expected to address up to 75% of the construction industry's profit fade, tools like Attentive.ai are poised to transform the sector by learning from vast data and applying insights to future projects. This funding round underlines the sector's potential and investor confidence in the growing role of AI in construction management.