Bid management startup BuildingConnected raises $8.5M, scores agreement with Turner Construction

The company also announced an agreement with Turner Construction to become the industry giants "go-to bid management tool." BuildingConnected reports that more than 250 U.S. commercial construction companies currently use the platform for project bids. The funding round was led by CrossLink Capital, as well as existing investors Homebrew, Freestyle, Bee Partners and Brick & Mortar. Scoring Turner as a client is a big move for BuildingConnected, as it gives the startup national attention. The big funding rounds for BuildingConnected, Uptake and Fieldwire reflect the construction industrys current move toward incorporating more technology on the job site to streamline projects and avoid cost overruns and delays.