Building Radar raises $7.2M to deploy AI into construction sales software

Building Radar, the next-generation software platform that automates construction industry sales workflow, has raised $7.2 million in funding. Socii Capital led the investment alongside continued participation from all major existing backers.
The funding will allow the company to continue AI-powered product development and expand its market, focusing on the UK, the US, Canada, and additional markets.
Yuan Chen, co-founding Partner at Socii Capital, said: “At Socii, our mission is to back entrepreneurs transforming workflow through automation in large industries like construction. This, via our thematic research, led us to Building Radar. As we engaged with their team and further explored their product and operations, we were increasingly impressed by their ever-enhancing value proposition, exceptional leadership, and significant growth potential. We are thrilled to partner with Building Radar, contributing our capital and time to help build the landmark software platform in the AI era for the construction sector.”