Shackleton AI Raises $5M Seed

Shackleton AI, based in New York, is a provider of an agentic operating system designed to unify development and construction management workflows. The company recently emerged from stealth and announced it has raised $5 million in seed funding to support the expansion of its AI-driven project management capabilities.

Investors

The funding round was led by Battery Ventures, a global investment firm focused on technology and innovation. Additional participants included Brick & Mortar Ventures, Trust Ventures, Correlation Ventures, Motivate Partners, Thayer Investment Partners, Act One Ventures, Brainstorm Ventures, and Silence VC.

Shackleton AI Use of Funds

Shackleton AI plans to utilize the new capital to expand the range of workflows its AI agents can manage and to accelerate the company's go-to-market strategies.

About Shackleton AI

Founded in 2026 by Michael Ragheb, Hassan Yasin, and Olexandr Kaltsev, Shackleton AI provides a platform that integrates development, preconstruction, project and field management, finance, and communications into a single system. The company aims to automate administrative project tasks through AI agents, helping construction teams reduce manual overhead and improve project delivery speed.

Funding Details

Company Website: https://shackleton.ai

Company: Shackleton AI
Raised: $5,000,000
Round: Seed
Funding Date: November 4, 2026
Lead Investor: Battery Ventures
Additional Investors: Brick & Mortar Ventures, Trust Ventures, Correlation Ventures, Motivate Partners, Thayer Investment Partners, Act One Ventures, Brainstorm Ventures, Silence VC
Company Website: https://shackleton.ai
Software Category: Construction Technology
Source: https://www.morningstar.com/news/pr-newswire/20261104sf82790/shackleton-ai-unveils-agentic-operating-system-for-construction-raises-5-million-led-by-battery-ventures