PinPoint Analytics, a Manalapan, NJ-based AI startup, raised $3.2M in Seed funding to revolutionize road construction bidding with AI.

HG Ventures led the funding round, joined by ComposeVC. The funds will support operations and development expansion.

CEO Jim Carr ensures PinPoint's AI platform enhances data management, advising contractors and municipalities on budgeting and decision-making.

This technology integrates variables like materials, labor, and logistics, adjusting for seasonality and market conditions.

PinPoint aims to reduce financial risks and prevent costly re-bidding in public construction projects.