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PlanGrid

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PlanGrid
IndustrySoftware
Founded2011
FateAcquired by Autodesk (2018)
HeadquartersSan Francisco, California, United States
Number of employees
400 (2018)[1]
Websiteapp.plangrid.com

PlanGrid is a construction productivity software designed for onsite construction workers. PlanGrid digitises blueprints. It features version control and collaboration tools such as field markups, progress photos and issues tracking.

History

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PlanGrid is headquartered in San Francisco, California and was founded in 2011. It is available on mobile[2][3][4] and windows[5] devices. The software can store, view, and communicate construction blueprints.[6][7][8]

The company's board of directors included former Salesforce COO George Hu,[9] Sequoia Capital Partner Doug Leone,[10] and former Autodesk CEO Carol Bartz.[11]

Autodesk announced plans in November 2018 to acquire PlanGrid for US$875 million.[12] The acquisition was completed on December 20, 2018.[13]

PlanGrid's CEO, Tracy Young, was named to Fast Company's "Most Creative People in Business" in 2015.[14]

Fundraising history

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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

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  1. ^ "Q&A with Tracy Young, CEO and Cofounder of Plangrid". ycombinator.com.
  2. ^ Taylor, Colleen (14 September 2012). "YC Alum PlanGrid Launches 2.0 To Bring Construction Blueprints To The iPhone, Too". TechCrunch. Retrieved 24 October 2012.
  3. ^ Lunden, Ingrid (March 2, 2012). "PlanGrid Builds A New Market For The iPad: The Construction Industry". TechCrunch (Aol Tech). Retrieved October 30, 2012.
  4. ^ Grayson, Wayne (September 13, 2012). "PlanGrid blueprint app launches on iPhone with Box.net integration". Equipment World. Retrieved October 30, 2012.
  5. ^ Sutton-Gee, Ryan (11 March 2012). "How Tablets Will Transform Construction". TechCrunch. Retrieved 24 October 2012.
  6. ^ Mitroff, Sarah (30 May 2012). "PlanGrid grabs seed round to make blueprints mobile". VB News. Retrieved 23 October 2012.
  7. ^ 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.
  8. ^ Mathis, Joel (April 6, 2012). "Plangrid brings iPad to construction sites". MacWorld. Retrieved October 30, 2012.
  9. ^ Gage, Deborah (11 June 2015). "Salesforce Executive George Hu Joins PlanGrid Board". The Wall Street Journal. Retrieved June 11, 2015.
  10. ^ "Exclusive: PlanGrid raises $18 million from Sequoia to digitize construction blueprints". Fortune. Retrieved May 13, 2015.
  11. ^ "Carol Bartz joins PlanGrid's board of directors". PlanGrid. 19 May 2016. Retrieved May 19, 2016.
  12. ^ "Autodesk to Buy Construction Startup PlanGrid for $875 Million". Fortune. Retrieved 2018-11-20.
  13. ^ "Autodesk Completes PlanGrid Acquisition" (Press release). Autodesk. PR Newswire. Retrieved 2021-01-15.
  14. ^ "Most Creative People in Business 2015". Fast Company. 11 May 2015. Retrieved May 12, 2015.
  15. ^ Lunden, Ingrid (29 May 2012). "YC Alum/Construction Disruptor PlanGrid Nails $1.1M Seed Funding From Box, 500 Startups, And More". TechCrunch. Retrieved 23 October 2012.
  16. ^ "Exclusive: PlanGrid raises $18 million from Sequoia to digitize construction blueprints". Fortune. Retrieved May 13, 2015.
  17. ^ "PlanGrid Lands $40 Million Investment To Expand Product". TechCrunch. 18 November 2015. Retrieved November 18, 2015.
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