Construction projects rarely proceed as intended. Design changes cause projects to last up to 15% longer and increase costs up to 20%, according to studies by the Construction Industry Institute. Even worse, studies have found that 39% of on-the-job injuries occur during these extended periods of rework.
Firmus has developed a suite of AI-driven tools that scan hundreds of drawing sheets before projects start to detect problems, such as incomplete designs, scope gaps and discrepancies. The company’s easy-to-use cloud-based platform allows users to simply drag and drop PDF drawing sets and receive comprehensive analyses and detailed reports on identified issues. Presented in an interactive dashboard, the findings help construction managers make better decisions and use the Firmus platform to delegate tasks, as well as track open and resolved issues, all with the goal of saving time and money.
Build in Digital – Israeli Startup Firmus Raises $4.5M for Pre-Construction AI Software
Construction Dive – AI-based Constructability Review Firm Joins Accelerator Program Known for Boosting ConTech Startups
Construction Dive – Firmus Raises New Round of Financing for Pre-Construction AI Risk Management
FinSMES – Firmus Raises Financing Round
IT Pro – Firmus Raises $4.5 Million for its AI-based Construction Platform
Jerusalem Post – Israeli Startup Firmus Raises $4.5M for AI-based Construction
MarketWatch – Firmus Raises New Round of Financing Led by Navitas Capital for Pre-Construction AI Risk Management
Pulse 2.0 – Firmus: Pre-Construction AI Design Review and Risk Analysis Company Raises Funding
PYMNTS – Israel’s Firmus Raises $4.5M for AI-based Construction Analysis
The SaaS News – Firmus Raises Funding Round
URBAN-X Accelerator – Seventh Startup Cohort
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