INGENIOUS.BUILD, a Nashville, TN-based technology company specializing in project management software for real estate development and construction, has closed a $37 million Series A funding round.
SaaS Investors
Morpheus Ventures and Navitas Capital co-led the round alongside Koch Real Estate Investments, with participation from investors including American Family Ventures, JLL Spark Global Ventures, Crow Holdings, and existing investor Cushman & Wakefield.
Founded in 2016, Morpheus Ventures is a venture capital firm based in Los Angeles, California. The firm seeks to invest in early-stage companies operating in data analytics, machine learning, robotics, and SaaS sectors.
Navitas Capital is a venture capital investment firm based in Los Angeles, California, investing in transformative technology and innovation for the built world. Founded in 2009, the firm seeks to invest in the real estate and construction industries.
INGENIOUS.BUILD Use of Funds
The funding will be used to advance product features, expand market reach, and enhance client support infrastructure.
About INGENIOUS.BUILD
Founded in 2017 by Nick Carter, INGENIOUS.BUILD is a cutting-edge technology company specializing in project management software for real estate development and construction. The company’s platform focuses on leveraging data, automation, end-to-end project management, and real-time insights to help manage projects with precision and reduced risk. INGENIOUS.BUILD empowers organizations and all stakeholders to manage projects with precision and reduced risk.
Funding Details
Company: IngeniousIO, Inc.
Raised: $37.0M
Round: Series A
Funding Month: November 2023
Lead Investors: Morpheus Ventures and Navitas Capital
Additional Investors: Koch Real Estate Investments, including American Family Ventures, JLL Spark Global Ventures, Crow Holdings, and Cushman & Wakefield
Company Website: https://www.ingenious.build/
Software Category: Project Management Software
Source: https://www.businesswire.com/news/home/20231116077694/en/