PlanGrid

PlanGrid is a construction productivity software. The platform provides real-time updates and seamless file synchronization over Wi-Fi and cellular networks. PlanGrid replaces paper blueprints, brings the benefits of version control to construction teams, and is a collaborative platform for sharing construction information like field markups, progress photos and issues tracking.

PlanGrid, Inc.
IndustryConstruction
Founded2012
Founders
  • Ryan Sutton-Gee
  • Ralph Gootee
  • Antoine Hersen
  • Kenny Stone
  • Tracy Young
Headquarters
San Francisco, California
,
United States
ProductsApplication
Websitewww.plangrid.com

PlanGrid is a venture capital-backed company based in San Francisco, California that creates construction software for the iPad, android tablets, iPhone,[1] and Windows in the construction industry[2] by allowing field workers to store, view, and communicate with construction blueprints.[3] Its capability to deal quickly with blueprint changes is aimed at helping the construction industry deal with the costs of paper building plans.[4][5]

The company is headquartered in San Francisco, and was founded in December 2011 by a group of construction engineers and software engineers.[6] The initial product, PlanGrid for iPad, launched March 2012,[7] its iPhone app launched in September 2012,[8] and its Android app launched May 2014.

PlanGrid's CEO, Tracy Young, was named to Fast Company's "Most Creative People in Business" in 2015.[9]

The company's board of directors include former Salesforce COO George Hu,[10] Sequoia Capital Partner Doug Leone,[11] and former Autodesk CEO Carol Bartz.[12]

Autodesk announced plans in November 2018 to acquire PlanGrid for US$875 million.[13] The acquisition was completed on December 20, 2018.[14]

Fundraising history

The company's seed-stage investors include Y-Combinator, Sam Altman, Paul Buchheit and 500 Startups.[15]

In May 2015, PlanGrid raised a $18 million Series A from Sequoia Capital.[16]

In November 2015, PlanGrid raised a $40 million Series B led by Tenaya Capital.[17]

References
  1. TAYLOR, COLLEEN. "YC Alum PlanGrid Launches 2.0 To Bring Construction Blueprints To The iPhone, Too". Tech Crunch. Retrieved 24 October 2012.
  2. SUTTON-GEE, RYAN. "How Tablets Will Transform Construction". Tech Crunch. Retrieved 24 October 2012.
  3. Mitroff, Sarah. "PlanGrid grabs seed round to make blueprints mobile". VB News. Retrieved 23 October 2012.
  4. Walton, Jon (March 7, 2012). "iPad App to Replace Printed Blueprints?". Digital Construction (WDM Group). Archived from the original on October 22, 2012. Retrieved October 30, 2012.
  5. Mathis, Joel (April 6, 2012). "Plangrid brings iPad to construction sites". MacWorld. Retrieved October 30, 2012.
  6. "PlanGrid". CrunchBase. Retrieved 30 October 2012.
  7. Lunden, Ingrid (March 2, 2012). "PlanGrid Builds A New Market For The iPad: The Construction Industry". TechCrunch (Aol Tech). Retrieved October 30, 2012.
  8. Grayson, Wayne (September 13, 2012). "PlanGrid blueprint app launches on iPhone with Box.net integration". Equipment World. Retrieved October 30, 2012.
  9. "Most Creative People in Business 2015". Fast Company. Retrieved May 12, 2015.
  10. "Salesforce Executive George Hu Joins PlanGrid Board". The Wall Street Journal. Retrieved June 11, 2015.
  11. "Exclusive: PlanGrid raises $18 million from Sequoia to digitize construction blueprints". Fortune Magazine. Retrieved May 13, 2015.
  12. "Carol Bartz joins PlanGrid's board of directors". Retrieved May 19, 2016.
  13. "Autodesk to Buy Construction Startup PlanGrid for $875 Million". Fortune. Retrieved 2018-11-20.
  14. Inc, Autodesk. "Autodesk Completes PlanGrid Acquisition". www.prnewswire.com. Retrieved 2021-01-15.
  15. Lunden, Ingrid. "YC Alum/Construction Disruptor PlanGrid Nails $1.1M Seed Funding From Box, 500 Startups, And More". Tech Crunchs. Retrieved 23 October 2012.
  16. "Exclusive: PlanGrid raises $18 million from Sequoia to digitize construction blueprints". Fortune Magazine. Retrieved May 13, 2015.
  17. "PlanGrid Lands $40 Million Investment To Expand Product". TechCrunch. Retrieved November 18, 2015.
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