IT Pro is supported by its audience. When you purchase through links on our site, we may earn an affiliate commission. Learn more

FIRMUS raises $4.5 million for its AI-based construction platform

The Israeli startup employs AI and computer vision to unravel errors in construction planning

FIRMUS has raised $4.5 million in seed funding for its artificial intelligence (AI)-powered construction platform.

The Israeli AI and computer vision startup specializes in advanced computer vision techniques that assess construction blueprints, in addition to automatically detecting design errors, which contribute to inaccurate pricing estimates, revision on-site, project delays, legal disputes, and more.

Related Resource

Building a modern strategy for analytics and machine learning success

Turning into business value

Whitepaper cover with data lines in the backgroundFree Download

According to the firm, its latest funding will be instrumental in bringing data-driven decision-making capabilities and AI-based risk management early into construction projects.

“Implementing any design into construction carries risks for all project stakeholders. FIRMUS is here to change that by empowering contractors to effectively assess design completeness, correctness, and readiness for construction, so they can bid and build with confidence,” said Shir Abecasis, FIRMUS CEO.

Navitas Capital co-founder and managing partner Travis Putnam commented, “FIRMUS is an incredibly talented team applying artificial intelligence and computer vision technology to better manage design risk in construction. Through an automated approach, FIRMUS delivers tangible value to customers via more efficient construction processes and improved project outcomes.”

Rogers O’Brien, Nibbi Brothers and Build Group are among the early users of FIRMUS’ platform.

“Listening to our forward-thinking customers, we’ve all developed a constantly growing passion to relentlessly help them achieve their goals,” added Abecasis.

Featured Resources

The state of Salesforce: Future of business

Three articles that look forward into the changing state of Salesforce and the future of business

Free Download

The mighty struggle to migrate SAP to the cloud may be over

A simplified and unified approach to delivering Enterprise Transformation in the cloud

Free Download

The business value of the transformative mainframe

Modernising on the mainframe

Free Download

The Total Economic Impact™ Of IBM FlashSystem

Cost savings and business benefits enabled by FlashSystem

Free Download

Most Popular

Cyber attack on software supplier causes "major outage" across the NHS
cyber attacks

Cyber attack on software supplier causes "major outage" across the NHS

8 Aug 2022
Why convenience is the biggest threat to your security
Sponsored

Why convenience is the biggest threat to your security

8 Aug 2022
How to boot Windows 11 in Safe Mode
Microsoft Windows

How to boot Windows 11 in Safe Mode

29 Jul 2022