BiltOn

Company Overview

Snapshot

Founded in February 2018 by Omer Slavin and Asaf Guter, BiltOn operates with 51–200 employees. The company has raised $26 million across 2 funding rounds from 3 investors. In October 2024, BiltOn secured its Series B funding round.

Business overview

BiltOn provides a cloud-based platform for construction companies to manage and coordinate workflows and worker safety on site. Its core technology offers a comprehensive suite of products, including safety, access control, quality assurance, and process control, throughout the construction project lifecycle. The company serves construction developers and general contractors, addressing on-site safety and compliance while improving efficiencies and boosting productivity. BiltOn operates within the Industrial Technologies sector, specifically targeting the Real Estate & Construction market, with a focus on operational optimization solutions.

Strategic signal

BiltOn's successful Series B funding round in October 2024, following its Series A in November 2022, signals strong investor confidence in its construction management software. This continuous capital injection suggests a robust growth trajectory and validates the company's approach to enhancing on-site safety and operational efficiency within the construction industry. For investors, this indicates BiltOn's potential to scale its solutions and capture a larger share of the construction technology market.

Company Intelligence Q&A

What was BiltOn's most recent funding round?

BiltOn secured its Series B funding round in October 2024. The round was led by PSG, with participation from 97212 Ventures and Titan Capital Partners.

When did BiltOn raise its Series A round?

BiltOn raised its Series A funding round in November 2022. This round was led by PSG, with participation from 97212 Ventures.

What is BiltOn's total capital raised?

BiltOn has raised a total of $26 million across two funding rounds.

Who are the founders of BiltOn?

BiltOn was founded by Omer Slavin and Asaf Guter.

Which markets does BiltOn serve?

BiltOn currently serves 300 customers across many sites, including a number of Israel's top 100 construction companies such as Shapir Engineering, BST Group, Ken Hator, Y.H. Dimri, and Afcon Group. The company also has an office in Brooklyn, New York, indicating a presence in the United States market.