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Buildots raises $45M to help companies track construction progress

Buildots aims to bridge the gap between construction managers and on-site activities using AI and computer vision to enhance cost monitoring, stakeholder communication, and risk assessment.

MAIN POINTS
  1. Construction managers often lose touch with on-site activities.
  2. Key tasks include cost monitoring, stakeholder communication, and risk assessment.
  3. Buildots utilizes AI and computer vision to address these challenges.
  4. The company was founded in 2018 to innovate construction management.
TAKEAWAYS
  1. Buildots offers a technological solution to improve construction management efficiency.
  2. AI and computer vision are central to Buildots' approach.
  3. The company targets common industry challenges like cost and risk management.
  4. Founded in 2018, Buildots is a relatively new player in construction tech.
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