TraceAir

TraceAir is a construction site development acceleration platform powered by drone data to help clients to complete construction projects on time and within budget.

TraceAir helps construction teams better communicate and collaborate in order to monitor, track quantities, plan and manage jobsites.

TraceAir was founded in 2015 by Dmitry Korolev. The company is headquartered in Redwood City, California, with an office in Russia.

TraceAir's collaborative platform allows users to rapidly identify and solve problems, reducing delays, and accelerating decision making. Tools like Haul Road automatically find the most efficient route to move dirt and materials, saving in equipment and fuel expenses.

TraceAir's solution includes specialized tools for Developers, Grading Contractors, Geotech and Civil Engineers that allows them to work efficiently and effectively with up-to-date project visuals and calculations.

 

TraceAir works with large and small clients including Lennar, Fivepoint, Legacy Partners, Independent Construction, ENGEO etc.

 

TraceAir is backed by XTX Ventures, Liquid 2 Ventures, GEM Capital, GPS Ventures and others. The company raised $3.5M in Series A round on Jan 20, 2021. This brings TraceAir's total funding to $6.9M to date.

 

 

  • Year founded: 2015
  • Funding Info: $6.9M over 3 Rounds (Latest Funding Type: Series A)
  • Yearly Revenue: NA
  • Employee Size: 11-50
  • Business Valuation: NA
  • City/Town: Redwood City
  • State: California
  • Country: United States
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