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Synopsis
Lightspeed Venture Partners-backed Buildots, a construction-technology company specializing in AI and computer-vision driven on-site progress tracking, completed the acquisition of Genda, a workforce and safety management platform built for general contractors. Financial terms were not disclosed. "This acquisition represents the next milestone on the industry's journey toward operational excellence. When contractors use Buildots to spot delay risks and create mitigation plans, they naturally want to know which levers worked. Our goal is to make this crystal clear. No one has yet achieved a full understanding of construction productivity, so by bringing Genda's data into our platform, Buildots is once again breaking new ground," Roy Danon, Buildots Co-Founder and CEO.
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