GreenLite, a New York-based AI-powered permitting and compliance solutions provider, has raised $49.5 million in Series B funding.
Investors
The round was led by Insight Partners, with participation from Energize Capital, Craft Ventures, LiveOak Ventures, and Chicago Ventures.
Insight Partners is a global software investor that partners with high-growth technology, software, and internet startups and scale-ups to drive transformative change in their industries. With over $90 billion in regulatory assets under management, Insight Partners has invested in more than 800 companies worldwide and has seen over 55 portfolio companies go public. Headquartered in New York City, Insight also has offices in London, Tel Aviv, and the Bay Area.
GreenLite Use of Funds
The company will use the funds to expand its go-to-market efforts, enter new verticals, including lodging, logistics, clean energy, and residential development, and further advance its AI-powered compliance platform.
About GreenLite
Founded in 2022 by James Gallagher and Ben Allen, GreenLite is a construction technology company redefining permitting with its AI-powered plan review and compliance solutions. Its technology accelerates approvals by scanning plan sets, identifying code violations, and surfacing jurisdiction-specific guidance from a large and growing proprietary database of compliance comments. GreenLite’s AI-powered platform, LiteTable, ingests plan sets, flags compliance issues, and provides guidance based on jurisdiction-specific rules from its extensive comment library. Headquartered in New York, GreenLite serves nearly 100 Fortune 500 customers, including retailers, REITs, quick-service restaurants, industrial developers, and production home builders.
Funding Details
Company: GreenLite Technologies, Inc.
Raised: $49.5M
Round: Series B
Funding Date: September 2025
Lead Investor: Insight Partners
Additional Investors: Energize Capital, Craft Ventures, LiveOak Ventures, Chicago Ventures
Company Website: https://greenlite.com/
Software Category: Construction Technology / AI Compliance & Permitting
Source: https://www.prnewswire.com/news-releases/greenlite-raises-49-5m-series-b-to-advance-the-privatization-of-construction-permitting-with-ai-powered-solutions-302555315.html