Israeli startup Buildots closed a $60M Series C led by Lightspeed Venture Partners, with participation from existing investors Foundry and Millennium. The company uses computer vision and AI to automatically track construction progress from photos.
The Company:
Founded in 2015, Buildots has processed over 100 million construction images across 500+ projects. Their platform compares site photos against BIM models to detect discrepancies and delays.
Why This Matters:
This marks the 6th significant funding round for computer vision startups in construction in the past 18 months. The space is getting crowded—and consolidation is inevitable.
Competitive Landscape:
- Buildots: $60M Series C (November 2025)
- OpenSpace: Acquired by Trimble for ~$500M
- StructionSite: $20M Series B (March 2025)
- HoloBuilder: Part of Faro Technologies
Buildots differentiates with stronger European presence and focus on defect detection rather than just progress monitoring.
What’s Next:
Buildots plans to expand to US market and build out quality control features. Expect aggressive sales competition with Buildots in 2026.