Thursday, November 14, 2024
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ConstructSecure: Raises $96M in Growth Equity Funding

ConstructSecure Raises $96M in Growth Equity Funding

  • ConstructSecure, a Burlington, MA-based Partner Elevation Platform for capital projects and operations, raised $96m in growth funding
  • The round was led by Summit Partners
  • The company intends to use the funds for further product development and expand its business reach
  • The company provides builders and owners of capital projects with a software platform to elevate the capabilities of their partners and mitigate risk across capital project lifecycles
  • Originally started as an internal risk assessment system at Harvard University, the company serves organizations such as Skanska, Merck, and Bond Brothers
  • Today, the platform is used to power over $35 billion of combined assets and projects with contracting partners in 62 countries around the globe

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