Eyrus, a Washington, DC– based leading jobsite intelligence platform for the construction and oil and gas industries, announced that it closed $12 million in a Series A funding round led by Spring Mountain Capital. 

Autodesk also joined as a strategic investor, existing investors Motley Fool Ventures, and Fuel Venture Capital, participated in the round as well.

The funds will be used to accelerate Eyrus’ growth, particularly as the company enters new market segments and geographies. Additionally, Eyrus will continue its hiring blitz, securing even more top talent for key positions.

Company: Eyrus Incorporated 

Raised: $12.0M

Round: Series A

Funding Month: February 2022

Lead Investors: Spring Mountain Capital

Additional Investors: Autodesk, Motley Fool Ventures, and Fuel Venture Capital

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

Software Category: Jobsite intelligence platform

About the Company: Eyrus is a leading jobsite intelligence platform working to define the future of work. With best-in-class technology tailored to deliver actionable insights in real-time. Eyrus ensures workers are deployed where needed at the right time, tracks progress across key areas of infrastructure projects, forecasts schedule deviations, and enables seamless communications among stakeholders and the fast and secure transfer of assets. Since launching in 2015, Eyrus has developed solutions that are single-mindedly focused on cost, accuracy, and operational efficiency. 

Source: https://www.eyrus.com/resource/eyrus-secures-12-million-in-series-a-funding-from-spring-mountain-capital-and-autodesk-to-transform-workforce-visibility