Last updated 2026-06-18
- Raised $80M funding round led by Insight Partners, Sep 2021
- Raised $20M funding round led by Insight Partners, Dec 2020
- Raised $5.5M funding round led by Robert Bosch Venture Capital, Aug 2019
Total raised
$108.5M
Last: 2021-09
Stage
Series B
Founded
2016
Headcount
348
HQ
Tel Aviv-Yafo, Israel
Sector
Industrial Technologies
About
Versatile addresses inefficiencies in construction, particularly with managing cranes and jobsite productivity, which can lead to delays, overtime, and suboptimal resource use.
Versatile develops a hardware and software solution that collects data on crane activities, providing real-time insights to optimize crane usage, track site productivity, and improve decision-making.
Funding history · 6 rounds · $108.5M total
2021-09
2020-12
2019-08
2019-02
2018-02
2016-11
Grant
$33K
Q&A
- What is Versatile's primary business?
- Versatile develops a hardware and software solution that collects data on crane activities to provide real-time insights for optimizing crane usage, tracking site productivity, and improving decision-making in construction.
- When was Versatile founded?
- Versatile was founded in February 2016.
- How many employees does Versatile have?
- Versatile has 201-500 employees.
- What is Versatile's total funding to date?
- Versatile has raised a total of $108,533,000 across multiple funding rounds.
- When was Versatile's most recent funding round and who were the lead investors?
- Versatile's most recent funding round was in September 2021, with Insight Partners as a lead investor.
- Which investors participated in Versatile's December 2020 funding round?
- Insight Partners and Robert Bosch Venture Capital were lead investors in.
- Where is Versatile headquartered?
- Versatile is headquartered in Tel Aviv-Yafo, Israel.
- What are the primary technologies used by Versatile?
- Versatile utilizes technologies such as Artificial Intelligence, Machine Learning, and IoT.
Team · 4
Sectors & technology
Primary sector
Industrial Technologies
Sub-sectors
Industrial TechnologiesProcess Automation & Intelligence Systems
Technologies
Data StorageCloudCommunicationsIOTArtificial IntelligenceMachine Learning
Target customers
Real Estate & ConstructionConstruction
Business model
B2B
Highlights
Verified
Tags
saasartificial-intelligencebig-data-analyticssafetymachine-learningiotconstructionmanagement-solutionscloudreal-estateproductivityindustry-4-0sensors
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | versatile.ai/home |
|---|---|
| linkedin.com/company/18261248 |
Identifiers & details
| Former names | Versatile Natures |
|---|---|
| Founded | 2016-2 |
| Employees (exact) | 348 |
| Offices | Los Altos; Boca Raton |
Radar intelligence
Patents
| EPO | 267 |
|---|
Publications (Crossref)
| Works | 10 |
|---|
App Store
| App | Rating | Ratings |
|---|---|---|
| Versatile | 5 |
Web history (Wayback)
| Domain | versatile.ai |
|---|