About
Parspec, founded in 2021 in Palo Alto, California, is an AI-powered software platform that streamlines building product selection and sales for the construction industry.
Full tier & rationale — an SVTR Intelligence benefit
Capital graph
Funding history
- 2025-07Series A$20M
Investors · Threshold Ventures, Building Ventures, Heartland Ventures, Hometeam Ventures, Innovation EndeavorsSource · SVTR Weekly #113
- 2024-03Seed$12M
Investors · Building Ventures, Hometeam Ventures, Heartland Ventures, Innovation EndeavorsSource · SVTR Weekly #042
Comparable companies· by market
This company
BusinessLatest roundTotal raisedDate- Parspec
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$14M - Snaptrude
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Series B · $57M · 2025-08
$57M - Rayon
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Series A · $18M · 2026-09
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AI platform for construction firms covering risk management, delay identification and schedule optimization
Series B · $12M · 2025-02
$12M
Other / unspecified
BusinessLatest roundTotal raisedDateConfirmed rounds only. Matched on subsector, sector, stage and funding scale — each verifiable on the company profiles.
Investors that may fit
Andreessen Horowitz
7 PropTech deals in the last 24 months · 3 at a nearby stage · 6 in Silicon Valley
Request intro →Navitas Capital
5 PropTech deals in the last 24 months · 2 at a nearby stage · 5 in Silicon Valley
Request intro →1Sharpe Ventures
5 PropTech deals in the last 24 months · 5 at a nearby stage · 4 in Silicon Valley
Request intro →Y Combinator
4 PropTech deals in the last 24 months · 3 at a nearby stage · 4 in Silicon Valley
Request intro →Alate Partners
4 PropTech deals in the last 24 months · 3 at a nearby stage · 4 in Silicon Valley
Request intro →Base10 Partners
4 PropTech deals in the last 24 months · 3 at a nearby stage · 4 in Silicon Valley
Request intro →Ranked by each firm’s deals in this sector over the last 24 months, weighted by nearby stage and shared geography. Indicative only — no rating judgment.