MSUITE, a Cedar Rapids-based construction tech startup, has completed a $4 million seed funding round.
FREMONT, CA: The round was led by Next Level Ventures and Stanley Ventures, with participation from technology firm U.S. CAD. The new capital will help scale up all areas of the company and accelerate MSUITE’s cloud-based platform development.
Founded in 2015, MSUITE was created to track, manage, and share construction data more comfortable and more accurate. The company has created a cloud-based suite of management software tools that connects construction teams, allowing them to receive real-time status updates and valuable tracking and estimating information.
Britton Langdon, President of MSUITE said in an announcement that through their new partnership with their investors, MSUITE is well-positioned to continue triple-digit growth and enhance their technology to meet the demands of MEP Contractors and Modular Builders worldwide.
Scott Hoekman, Principal at Next Level Ventures, said that the company is thrilled to partner with MSUITE and share its mission to revolutionize the construction industry with groundbreaking cloud-based data-sharing and communication technology.
MSUITE is a cloud-based Suite of Management software to connect BIM, Fab, and Field Construction Teams. BIMPro is a plug-in for Autodesk Revit® that automates spooling selection, sheet creation, and more making it 90x faster than anything else. FabPro was created to fill a void in the fabrication and mechanical contracting industries. That void was an easy-to-use, portable, and industry-focused software that could provide accurate productivity tracking and real-time status updates to manage the construction life-cycle better.