IngeniousIO Launches, Locks in Funding to Redefine Construction Industry Collaboration
Summary
CHICAGO--( BUSINESS WIRE )-- IngeniousIO , a market innovator bridging the gaps in the multi-trillion dollar construction industry, has announced the launch of the company and the close of $4 million in funding led by American Family Ventures .An AI-driven platform that transforms document chaos into intelligent insights, IngeniousIO is poised to become the connective tissue between not only projects but the construction industry at large.For an industry built on collaboration — between owners, project managers (PMs), architects, engineers, contractors and subcontractors — construction workflows remain remarkably fragmented.IngeniousIO created an application for each party involved in a project to make data available for AI processing, going beyond digitization and into intelligent management.The IngeniousIO initial launch will include an application for architecture and engineering firms to streamline internal operations for external collaboration.