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Vanedge Capital led a $30m Series B round in ALICE Technologies.

Financials

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Transaction Value£24m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Venture Capital

Domestic

Single Bidder

Minority

Friendly

Software

Private Equity

Private

Completed

Acquisition

United States

software company

Synopsis

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Vanedge Capital, a private equity firm, led a $30m Series B round in ALICE Technologies, a software developer, with participation from Bouygues, Gaingels, GRIDS Capital, JLL Spark, and MetaPlanet, which joined the round along with existing investors Future Ventures, Merus Capital, and Rising Tide. "Rooted in generative construction and powered by AI, the ALICE platform is bringing capabilities to general contractors that traditional solutions simply cannot match. This Series B funding round will fuel the aggressive hiring, global growth, continued product innovation, and sales and marketing expansion required to make ALICE an industry standard," René Morkos, ALICE Founder and CEO.

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