Adaptive Raises $30M Series B

Adaptive, a New York-based software startup providing an agentic accounting platform for the construction industry, has raised $30 million in Series B funding. This latest round brings the company's total funding to $57 million.

Investors

The round was led by Tidemark. Additional participating investors include existing backers Emergence Capital, Andreessen Horowitz, Pathlight, Definition, and 3KVC.

Adaptive Use of Funds

The new capital will be used to accelerate the development of the company's Project Accounting Agents, specifically focusing on job costing, accounts payable, billing, work-in-progress reporting, payments, and compliance. Additionally, the funds will support the expansion of the company's teams based in New York and Boston.

About Adaptive

Founded by Matt Calvano and Henry, Adaptive offers an agentic accounting platform designed specifically for construction finance teams. By integrating data from schedules, daily logs, and field reports, the company's platform automates project accounting workflows while maintaining human-in-the-loop oversight to ensure accuracy in financial reporting.

Funding Details

Company Website: https://adaptive.build

Company: Adaptive
Raised: $30M
Round: Series B
Funding Date: September 17, 2026
Lead Investor: Tidemark
Additional Investors: Emergence Capital, Andreessen Horowitz, Pathlight, Definition, 3KVC
Company Website: www.adaptive.build
Software Category: Construction Accounting Software
Source: https://www.prnewswire.com/news-releases/adaptive-raises-30-million-series-b-led-by-tidemark-to-bring-agentic-accounting-to-construction-302881537.html