[Funding alert] Construction Tech Platform LivSYT Secures $2.5 Mn Seed Funding From Silicon Valley Quad, Inventus Cap

Silicon Valley Quad and Inventus Capital invested $2.5 million in the seed round of funding for LivSYT, a provider of construction management software.

The additional funding, which brings the total amount obtained to $4.5 million, will enable LivSYT to investigate fresh scenarios for machine learning and artificial intelligence as well as grow into the market in the United States.

Read also - [Funding alert] Vaaree Secures $4 Mn Seed Funding Led by Peak XV’s Accelerator Programme Surge

"We are excited to embark on this new journey, leveraging the expertise and support of our investors to further our mission of transforming construction management,” Karthik Thumu, founder of LivSYT said.

In order to help everyone in the construction eco-system—which consists of government agencies, developers, contractors, vendors, and other pertinent stakeholders—achieve faster construction project completion, maximum productivity, and profits with the same or less resources, it addresses on-site inefficiencies with thoughtfully designed solutions.

Read also - [Funding alert] Fintech Startup OnFinance AI Raises $1.05 Mn Seed Funding Round led by Silverneedle Ventures & IAN

Consulting and engineering organisations including Systra, DRA, and Elemental Realty are among LivSYT's clientele. It offers customers its on-site construction administration software, which increases project efficiency and profits.

About LivSYT

LivSYT is a self-service, self-adopting software that's easy to use and self-adoptable for modular manufacturers, contractors, and third-party inspectors to expedite project completion. It provides granular real-time operations visibility and controls, allowing for coordinated resource mobilisation to increase job-site productivity.

Read also - Unicorn Startup Razorpay Elevates CBO Rahul Kothari To COO Role