PermitFlow advances construction permitting automation with $5.5M in new capital
Summary
PermitFlow was founded in 2021 by Samuel Lam and Francis Thumpasery, who worked previously with deep workflow software and construction. CEO Thumpasery told TechCrunch that the permitting process can take years, but that automation is pretty nascent here with limited software and current methods being mostly manually done by municipalities. However, the founders didn’t see those approaches being as scalable, instead opting to work with developers and contractors to provide an end-to-end process that helps them save preparation time, reduce errors and increase transparency. It now works with dozens of customers in California, Texas and Florida and has supported permitting to over $600 million of project value and over 2,000 units of housing, from single-family homes to multifamily complexes. The new funding will enable the company to continue with technology development, customer experience and to bring on additional staff in engineering and operations to support expansion into new geographies.