Parspec Secures $11.5 Million in Seed Financing Round

Parspec, rooted in San Mateo and specializing in AI-driven software for construction product sales, just garnered $11.5 million in seed funding. Innovation Endeavors took the lead, joined by Building Ventures, Heartland Ventures, and Hometeam Ventures. Josh Rapperport of Innovation Endeavors now sits on Parspec's board.