Threshold Ventures led a $20m Series A round in Parspec.

Threshold Ventures, a venture capital firm, led a $20m Series A round in Parspec, an AI-native software platform, with participation from Hometeam Ventures, Heartland Ventures, Building Ventures, and Innovation Endeavors. "Forest, Pratyush, and the Parspec team are tackling one of the largest opportunities in the construction industry. They have developed an AI-native product to automate construction materials procurement, unlocking massive value for their customers," Mo Islam, Threshold Ventures Partner.