VERSATILE: Funding, Investors & Team (Oct 2026)
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.
VERSATILE has raised $100M across 2 funding rounds on record, the most recent a Series B of $80.0M announced in Sep 2021.
That round is above the $6.0M median round size for Artificial Intelligence companies tracked on FundedIQ over the last two years.
VERSATILE Company Profile and Key Stats
Latest funding round on record: Sep 2021.
VERSATILE Funding Rounds
VERSATILE raised $20.0M in an undisclosed round announced in Dec 2020.
9 months later, a Series B of $80.0M was announced in Sep 2021.
VERSATILE Founders and Leadership Team
Contact details for the VERSATILE team: 1 of 1 has an email address on file.
Start 14-day free trial →VERSATILE Funding Compared to Other Artificial Intelligence Startups
VERSATILE's latest round of $80.0M is above the median round in Artificial Intelligence. Medians cover the last 24 months of disclosed rounds.
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VERSATILE Funding FAQs
What does VERSATILE do?
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.
How much funding has VERSATILE raised?
VERSATILE has raised $100M across 2 rounds on record. The most recent is a Series B of $80.0M announced in Sep 2021.
When did VERSATILE last raise funding?
VERSATILE's most recent funding round on record is a Series B of $80.0M, announced in Sep 2021.
Who is the CEO of VERSATILE?
Meirav Oren is listed as CEO at VERSATILE.
Where is VERSATILE headquartered?
VERSATILE is based in Los Altos, California, United States.
How many employees does VERSATILE have?
VERSATILE is in the 51-100 employee band.
How does VERSATILE's funding compare to other Artificial Intelligence startups?
VERSATILE's latest round of $80.0M is above the $6.0M median round size for Artificial Intelligence companies on FundedIQ across 7,241 tracked companies over the last two years.
About FundedIQ's VERSATILE Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for VERSATILE is left off this page rather than filled in.
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