Total raised
$108.5M
Last: Series B 2021-09
Stage
Series B
Founded
2016
Headcount
348
HQ
Tel Aviv-Yafo
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 · 5 rounds · $108.5M total
2021-09
Series B
$80.0M
2020-12
Series A
$20.0M
2019-08
Seed
$5.5M
2019-02
Pre-Seed
$2.0M
2018-02
Pre-Seed
$1.0M
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