Attentive.ai Funds Growth: $30.5M (₹270 Cr) to Digitize Preconstruction with AI

Attentive.ai Funds Growth $30.5M (₹270 Cr) to Digitize Preconstruction with AI

Three points you will get to know in this article:

1. Attentive.ai secured a $30.5 million Series B funding round, led by Insight Partners, to scale its Beam AI platform.

2. The Beam AI platform automates preconstruction takeoffs using advanced geospatial AI.

3. The funding is strategically aimed at accelerating AI model development and digitizing critical preconstruction workflows.

Attentive.ai Secures $30.5M Series B to Scale Beam AI and Revolutionize Preconstruction Workflows

Attentive.ai, a trailblazer in applying geospatial AI to the construction and exterior services sectors, has announced a significant achievement, securing $30.5 million in a successful Series B funding round. This capital infusion, led by global private equity and venture capital firm Insight Partners, brings the company’s total funding to an impressive $48 million. The investment is strategically earmarked to accelerate the development of its flagship platform, Beam AI, thereby solidifying Attentive.ai’s position as a category leader in the rapidly evolving landscape of construction technology.

Fueling Innovation in Construction Tech with Strategic Capital

The $30.5 million Series B round saw strong participation from existing investors, including Vertex Ventures, Tenacity Ventures, and InfoEdge Venture Fund, underscoring widespread confidence in the company’s vision and execution. According to Attentive.ai CEO, Shiva Dhawan, the fresh funding is more than just capital; it is the fuel needed to “accelerate AI model development and build the foundation that will power the next decade of growth in construction.”

This injection of funds arrives at a critical juncture for the United States’ construction industry. Preconstruction teams are facing unprecedented strain due to massive project expansions, particularly in infrastructure and data center construction. The reliance on legacy methods—namely, tedious manual takeoffs and complex, error-prone spreadsheet workflows—creates significant bottlenecks. Attentive.ai is stepping in to digitize this crucial phase, offering a modern, scalable solution that transforms how estimators approach bidding and project planning.

Beam AI: The Power of Automated Takeoffs and Property Intelligence

The core of Attentive.ai’s offering is Beam AI, an innovative platform designed to provide fully automated takeoffs. The system leverages advanced geospatial AI to process aerial and satellite imagery, instantly extracting precise property measurements and quantities required for bidding. By automating the most repetitive and time-consuming aspects of quantity extraction and data entry, Beam AI empowers estimators to redirect their focus toward strategic analysis, risk assessment, and ultimately, increasing their bid volume.

Beam AI has already demonstrated substantial market traction, currently serving over 1,100 companies across the construction and exterior services ecosystems. The platform’s success is built on a crucial combination of speed and accuracy, ensured by a rigorous human-in-the-loop verification process that guarantees the precision and reliability required for high-stakes projects. For customers, the measurable efficiency gains—including faster turnaround times and stronger competitive positioning—are a game-changer, helping them navigate operational challenges and labor shortages within the sector.

Investor Confidence and The Future of Preconstruction

Investors recognize Attentive.ai’s pivotal role in the industry’s digitization. Nikitas Koutoupes, Managing Director at Insight Partners, praised the company, describing Attentive as a “clear category leader in AI-driven construction takeoffs,” and highlighting the tangible efficiency gains their customers experience. Koutoupes affirmed the firm’s enthusiasm to support the company through its “next phase of growth,” based on its robust product roadmap and unwavering commitment to user success.

With this substantial Series B funding, Attentive.ai is perfectly positioned to expand its product offerings, deepen the sophistication of its AI automation engine, and broaden its market reach. As the global construction sector continues to grapple with the pressures of accelerating planning cycles and managing a tightening labor pool, tools like Beam AI are no longer a luxury but a necessity. By leveraging geospatial AI to deliver essential property intelligence, Attentive.ai is poised to play a critical role in shaping a faster, more precise, and more profitable future of preconstruction workflows.

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