SitePace, a Mumbai-based startup building AI-powered construction monitoring platforms, raises funding

Here’s a summary based on the information provided:

Startup Information

• Startup Name: SitePace
• Founders: Yash Shah
• Location: Mumbai, India

Funding Details

• Funding Series: Seed
• Date: [Date not specified in the text]
• Amount Raised: Undisclosed amount
• Lead Investor: SucSEED Indovation Fund
• Other Investors: Several prominent angel investors

About the Startup

• Sector: Construction technology (PropTech)
• Focus: Transforming construction monitoring through AI with a helmet-mounted camera system for 360-degree visual data capture.
• Goals: Onboard over 500 clients and explore global expansion.

Investor Information

• Investor Name: SucSEED Indovation Fund
• Type: Category-I AIF Venture Capital Angel Fund
• Corpus: ₹300 crore
• Investment Focus: Enterprise SaaS, healthtech, edtech, emerging technologies including digital infrastructure for construction.

If you need any additional details or information, feel free to ask!

Source link

2025-04-30 13:13:04