Document Crunch Raises $21.5M in Series B Funding

TL;DR:

• Document Crunch, a key player in construction document compliance, just raised $21.5M in Series B funding led by Titanium Ventures, with support from industry giants like Nemetschek Group and several major construction firms. The funds will fuel its AI-powered platform, bringing even more document clarity to construction teams.

Document Crunch, the construction industry’s only document compliance platform, has just secured a hefty $21.5 million in Series B funding.

The round, led by Titanium Ventures, saw participation from Nemetschek Group and some big names in construction, like Andres Construction and Satterfield & Pontikes.

And if that wasn't enough excitement, Yash Patel, General Partner at Titanium Ventures, is also joining the Document Crunch Board of Directors.

Josh Levy, CEO and Co-founder of Document Crunch said:

“All of this momentum has clarified our vision and what the industry needs from us, and we intend to get much deeper into all the documents and project team workflows that cause risk for our industry.”

You might be thinking, “That’s a lot of money for paperwork.” But here’s the deal: the construction industry is losing billions each year due to poorly understood contracts.

Imagine this—you’re building a skyscraper, but no one’s clear on what’s in the paperwork.

Things go wrong, and, boom!

You’ve got delays, disputes, and a bunch of unhappy stakeholders. Document Crunch’s AI-powered platform steps in like a superhero, making sure everyone knows what they’re signing up for and avoiding those costly misunderstandings.

Since its launch in 2019, Document Crunch has evolved from a niche contract review tool to a full-fledged solution helping project teams manage day-to-day document compliance.

Their platform is now used across thousands of construction projects, making them the only end-to-end document compliance solution in the industry.

With $21.5M in fresh funding, more AI-powered features are in the works, aiming to help construction teams navigate even more document types.

The future looks bright—and maybe a little less paperwork-y—for construction projects worldwide.