Bobyard Raises $35 Million in Series A

by Kay Aloha Villamor in December 11th, 2025

Bobyard, a San Francisco, CA–based AI-driven construction technology company, has raised $35 million in Series A funding. 

Investors 

The round was led by 8VC, with participation from Pear VC, Primary Venture Partners, Tishman Speyer, RXR, Caffeinated Capital, and Merrick Ventures. 

8VC is a venture capital firm founded in 2015 and based in Austin, Texas. It focuses on investing in transformative technology and life sciences companies across various sectors, including healthcare, logistics, defense, and IT infrastructure. In 2025, 8VC launched its sixth fund, raising $998 million. 

Bobyard Use of Funds 

The company will use the funding to advance its AI models and product capabilities, expand into additional construction trades, and grow its engineering and go-to-market teams. 

About Bobyard 

Founded in 2023 by Michael Ding, Bobyard is an AI platform transforming how contractors perform construction takeoffs and estimates. Using proprietary computer-vision models that interpret blueprints like seasoned estimators, the platform automates up to 70 percent of the takeoff process, enabling contractors to generate accurate bids in minutes rather than hours. Headquartered in San Francisco, California, the company supports contractors across the United States, beginning with landscaping and expanding into drywall, electrical, HVAC, plumbing, and framing. 

Funding Details 

Company: Bobyard, Inc. 

Raised: $35.0M 

Round: Series A 

Funding Date: December 2025 

Lead Investor: 8VC 

Additional Investors: Pear VC, Primary Venture Partners, Tishman Speyer, RXR, Caffeinated Capital, Merrick Ventures 

Company Website: https://www.bobyard.com/  

Software Category: AI construction takeoff and estimating platform 

Source: https://www.businesswire.com/news/home/20251210946193/en/ 

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