PLOT, a Wichita, Kansas-based SaaS management platform focused on improving jobsite coordination in the construction industry, secured over $2 million in funding, bringing its total raised to $3 million.
The funding round was led by GroundBreak Ventures, with participation from KCRise Fund, GROWKS Equity Fund, Iron Prairie Ventures, and Suffolk Technologies. Koch Industries, Inc., an initial investor in PLOT from late 2021, also made a follow-on investment.
The investment will enable PLOT to advance its mission of enhancing jobsite coordination. With this investment, PLOT will add to its product/engineering teams and begin building out its sales and customer success teams.
PLOT's platform streamlines the complexities of jobsite management by offering improved coordination and communication options for all relevant stakeholders. By leveraging its SaaS management platform, PLOT aims to alleviate the burden of jobsite management tasks, ultimately enhancing efficiency and productivity in the construction industry.
The latest funding will provide the necessary resources for PLOT to further develop its offerings and meet the growing demand for technology-driven solutions in the construction sector.
"We are ecstatic to reach this milestone and look forward to working alongside our new partners to bring common-sense, easy-to-use software to the construction industry," says Chris Callen, Founder/CEO of PLOT and former concrete contractor. "From data centers and vehicle manufacturing facilities, to 10-unit housing developers, we have found that PLOT dramatically improves jobsite communication, no matter the project size."
Announced in tandem with the new financing, PLOT will be launching a new lead time module targeting construction material ordering and shipment. PLOT has already been used by over 400 general contractors, trade contractors, and owners across the country.
Company: PLOT Communications, Inc.
Raised: $2.0M+
Round: Unknown
Funding Month: June 2023
Lead Investors: GroundBreak Ventures
Additional Investors: KCRise Fund, GROWKS Equity Fund, Iron Prairie Ventures, and Suffolk Technologies. Koch Industries, Inc.
Company Website: https://www.getplot.com/
Software Category: SaaS Management Platform
About the Company: Founded in 2021, PLOT is a SaaS management platform for construction jobsites and provides a digital workspace to manage a job site. The company's platform specializes in logistics mapping, delivery schedules, and structured crew communications with natural language translation between recipients and inter-company collaboration, enabling businesses to execute work on construction sites and to better manage deliveries and coordinate onsite operations.
Source: https://www.prnewswire.com/news-releases/plot-raises-2m-to-help-coordinate-jobsites-301841747.html