PlanGrid
Construction productivity software
From Wikipedia, the free encyclopedia
PlanGrid was a construction productivity software designed for onsite construction workers. PlanGrid digitizes blueprints. It features version control and collaboration tools such as field markups, progress photos and issues tracking.
| |
| Industry | Software |
|---|---|
| Founded | 2011 |
| Fate | Acquired by Autodesk (2018) |
| Headquarters | San Francisco, California, United States |
Number of employees | 400 (2018)[1] |
| Website | app |
In December 2018, Autodesk acquired PlanGrid for $875 million.[2]
History
PlanGrid is headquartered in San Francisco, California and was founded in 2011. It is available on mobile[3][4][5] and windows[6] devices. The software can store, view, and communicate construction blueprints.[7][8]
The company's board of directors included former Salesforce COO George Hu,[9] Sequoia Capital Partner Doug Leone,[10] and former Autodesk CEO Carol Bartz.[11]
PlanGrid's CEO, Tracy Young, was named to Fast Company's "Most Creative People in Business" in 2015.[12]
Autodesk announced plans in November 2018 to acquire PlanGrid for US$875 million.[13] The acquisition was completed on December 20, 2018[14] and later phased out the name PlanGrid completely.
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]
