TrueBuilt Closes $4 Million in Seed Round | The SaaS News
Summary
TrueBuilt, a Huntington Beach, CA-based construction tech startup that provides pre-construction software for modern builders, closed a $4 million seed round.The round was led by Bienville Capital, an investment firm based in Manhattan, along with participation from Fifth Wall, Marek, and TrueBuilt customers.Bienville Capital is an investment firm that manages capital for select institutional and family office clients. It offers portfolio management, financial planning, and investment advisory services. Bienville Capital also provides portfolio construction and asset allocation analysis for ultra-high-net-worth individuals and institutional investors. The company provides an AI-based platform that automates pre-construction workflows, enhances collaboration, mitigates risk, and increases project profitability. TrueBuilt also utilizes computer vision technology to read and analyze blueprints, saving time and improving accuracy for estimators.