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PlanGrid

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PlanGrid, Inc.
IndustryConstruction
Founded2012
Founders
  • Ryan Sutton-Gee
  • Ralph Gootee
  • Antoine Hersen
  • Kenny Stone
  • Tracy Young
Headquarters,
ProductsApplication
Websitewww.plangrid.com

PlanGrid is a construction productivity software. The platform provides real-time updates and seamless file synchronization over Wi-Fi and cellular networks. PlanGrid replaces paper blueprints, brings the benefits of version control to construction teams, and is a collaborative platform for sharing construction information like field markups, progress photos and issues tracking.

PlanGrid is a venture capital-backed company based in San Francisco, California that creates construction software for the iPad, android tablets, iPhone,[1] and Windows in the construction industry[2] by allowing field workers to store, view, and communicate with construction blueprints.[3] Its capability to deal quickly with blueprint changes is aimed at helping the construction industry deal with the costs of paper building plans.[4][5]

The company is headquartered in San Francisco, and was founded in December 2011 by a group of construction engineers and software engineers.[6] The initial product, PlanGrid for iPad, launched March 2012,[7] its iPhone app launched in September 2012,[8] and its Android app launched May 2014.

PlanGrid's CEO, Tracy Young, was named to Fast Company's "Most Creative People in Business" in 2015.[9]

The company's board of directors include former Salesforce COO George Hu,[10] Sequoia Capital Partner Doug Leone,[11] and former Autodesk CEO Carol Bartz.[12]

Autodesk announced plans in November 2018 to acquire PlanGrid for US$875 million.[13] The acquisition was completed on December 20, 2018.[14]

Fundraising history

The company's seed-stage investors include Y-Combinator, Sam Altman, Paul Buchheit and 500 Startups.[15]

In May 2015, PlanGrid raised a $18 million Series A from Sequoia Capital.[16]

In November 2015, PlanGrid raised a $40 million Series B led by Tenaya Capital.[17]

References

  1. ^ TAYLOR, COLLEEN. "YC Alum PlanGrid Launches 2.0 To Bring Construction Blueprints To The iPhone, Too". Tech Crunch. Retrieved 24 October 2012.
  2. ^ SUTTON-GEE, RYAN. "How Tablets Will Transform Construction". Tech Crunch. Retrieved 24 October 2012.
  3. ^ Mitroff, Sarah. "PlanGrid grabs seed round to make blueprints mobile". VB News. Retrieved 23 October 2012.
  4. ^ Walton, Jon (March 7, 2012). "iPad App to Replace Printed Blueprints?". Digital Construction (WDM Group). Archived from the original on October 22, 2012. Retrieved October 30, 2012.
  5. ^ Mathis, Joel (April 6, 2012). "Plangrid brings iPad to construction sites". MacWorld. Retrieved October 30, 2012.
  6. ^ "PlanGrid". CrunchBase. Retrieved 30 October 2012.
  7. ^ Lunden, Ingrid (March 2, 2012). "PlanGrid Builds A New Market For The iPad: The Construction Industry". TechCrunch (Aol Tech). Retrieved October 30, 2012.
  8. ^ Grayson, Wayne (September 13, 2012). "PlanGrid blueprint app launches on iPhone with Box.net integration". Equipment World. Retrieved October 30, 2012.
  9. ^ "Most Creative People in Business 2015". Fast Company. Retrieved May 12, 2015.
  10. ^ "Salesforce Executive George Hu Joins PlanGrid Board". The Wall Street Journal. Retrieved June 11, 2015.
  11. ^ "Exclusive: PlanGrid raises $18 million from Sequoia to digitize construction blueprints". Fortune Magazine. Retrieved May 13, 2015.
  12. ^ "Carol Bartz joins PlanGrid's board of directors". Retrieved May 19, 2016.
  13. ^ "Autodesk to Buy Construction Startup PlanGrid for $875 Million". Fortune. Retrieved 2018-11-20.
  14. ^ Inc, Autodesk. "Autodesk Completes PlanGrid Acquisition". www.prnewswire.com. Retrieved 2021-01-15. {{cite web}}: |last= has generic name (help)
  15. ^ Lunden, Ingrid. "YC Alum/Construction Disruptor PlanGrid Nails $1.1M Seed Funding From Box, 500 Startups, And More". Tech Crunchs. Retrieved 23 October 2012.
  16. ^ "Exclusive: PlanGrid raises $18 million from Sequoia to digitize construction blueprints". Fortune Magazine. Retrieved May 13, 2015.
  17. ^ "PlanGrid Lands $40 Million Investment To Expand Product". TechCrunch. Retrieved November 18, 2015.