Outbuild Secures $11 Million Series A to Drive Construction Scheduling and Planning Innovation
Construction scheduling software company Outbuild announced an $11 million Series A funding round, led by Sway Ventures with participation from Hilti Venture, Trimble Ventures, BGV, and Zacua Ventures. The investment will fuel Outbuild’s plans to double its commercial growth by Fall 2025, expand its team, and advance its product offerings, including the integration of artificial intelligence to enhance construction project planning.
The construction industry faces frequent delays, with KPMG reporting that 75% of projects miss their deadlines, leading to costly overruns and setbacks. Outbuild, founded by Franco Giaquinto, seeks to address these challenges with a unified platform for scheduling, lookaheads, weekly planning, and analytics. The company’s solution consolidates critical project management elements, streamlining workflows to help construction teams complete projects on time.
With support from industry leaders Hilti and Trimble, Outbuild plans to integrate advanced functionalities into its platform, offering real-time project planning tools to improve construction management efficiency. The involvement of Sway Ventures, BGV, and Zacua Ventures brings additional expertise in scaling enterprise technology, which Giaquinto believes will be instrumental in expanding Outbuild’s market reach and driving ongoing innovation in construction technology.