GoContractor, which makes software for the construction industry, has confirmed it has raised a $5m Series A to expand its presence in the US.
The start-up, which was previously known as Initiafy, creates a worker onboarding and data management solution for the construction industry. It helps managers in overseeing personnel status and compliance.
The Series A investment round was led by US investors Building Ventures, which has backed several tech start-ups in the construction space, and Ironspring. Previous backers Leslie Buckley, the former chairman of Independent News & Media, ACT, Accretion and Enterprise Ireland participated in the round.
GoContractor will use the funds to scale its operations in the US and European market. It will recruit more feet on the ground in the US market at its New York office while expanding its research and development team in Ireland.
“BV and Ironspring share our passion and enthusiasm for transforming construction, and understand the importance of connecting and qualifying workers through an online platform to safely access construction sites across the globe,” chief executive John Naughton said.
Covid-19 and lockdowns have greatly disrupted the construction industry globally, which according to the company, has facilitated wider uptake of technology to assist with re-opening.
Last year GoContractor released a solution to assist sites with managing Covid-19 safety protocols.
As more and more construction sites re-open as the pandemic gradually subsides, site managers will need more efficient ways to manager workers, subcontractors and other personnel.
Around one million of these workers are on-boarded and trained on sites every day, meaning the manual processes of collecting info and organising training can be cumbersome.
GoContractor carries out these processes digitally and provides work with all of their completed documentation in digital form so they are fully prepared to work.
“GoContractor has shown that technology adoption at the worker level within the construction industry is not only possible, but has proven it can be done,” Building Ventures partner Travis Connors said.
“While connecting with and providing COVID-19 training to the entire construction workforce in Ireland, over 250,000 people, GoContractor simultaneously built a strong foothold in the US market with some of the top construction companies in the world.”