PlanGrid
Construction productivity software
PlanGrid was a construction productivity software designed for onsite construction workers. PlanGrid digitizes blueprints. It features version control and collaboration tools such as field markups, progress photos and issues tracking.
In December 2018, Autodesk acquired PlanGrid for $875 million.
01History
PlanGrid is headquartered in San Francisco, California and was founded in 2011. It is available on mobile and windows devices. The software can store, view, and communicate construction blueprints.
The company's board of directors included former Salesforce COO George Hu, Sequoia Capital Partner Doug Leone, and former Autodesk CEO Carol Bartz.
PlanGrid's CEO, Tracy Young, was named to Fast Company's "Most Creative People in Business" in 2015.
Autodesk announced plans in November 2018 to acquire PlanGrid for US$875 million. The acquisition was completed on December 20, 2018 and later phased out the name PlanGrid completely.
02Fundraising history
The company's seed-stage investors include Y-Combinator, Sam Altman, Paul Buchheit and 500 Startups.
In May 2015, PlanGrid raised a $18 million Series A from Sequoia Capital.
In November 2015, PlanGrid raised a $40 million Series B led by Tenaya Capital.
Sources and credits
This article is adapted from the Wikipedia article “PlanGrid”, written by its contributors and licensed under CC BY-SA 4.0. Fathomly has changed the layout, removed citation markers, navigation and maintenance notices, and adjusted punctuation. This adapted version is shared under the same license. For references, see the original article.
Images, from Wikimedia Commons:
- PlanGrid logo.svg by PlanGrid, Public domain
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