VERSATILE

About:

VERSATILE uses machine learning and AI to optimize construction and industrial processes.

Top Investors: Insight Partners, Tiger Global Management, Root Ventures, Entrée Capital, Third Sphere

Description:

VERSATILE uses machine learning and AI to optimize construction processes. It captures and analyzes data points to deliver real-time insights on job site performance and streamline decision-making. Mounted under the hook of any crane, this first-of-its-kind technology offers unparalleled production data on any job site including information on materials, redundancies, construction progress, and crane utilization. It was founded in 2016 and headquartered in Los Altos, California.

Total Funding Amount:

$109M

Estimated Revenue Range:

$1M to $10M

Headquarters Location:

Boca Raton, Florida, United States

Founded Date:

2016-07-01

Contact Email:

Letstalk(AT)versatile.ai

Founders:

Barak Cohen, Danny Hermann, Meirav Oren, Ran Oren