TEDCO, Maryland’s economic engine for technology companies, announced today its Seed Fund invested
$200K in
TargetDocs, a Maryland-based technology startup. TEDCO’s Seed investment is part of an $850K funding round, which includes University System of Maryland Momentum Fund (Momentum Fund), the Hustle Fund, New Age Capital, Debut Capital, Dingman Center Angels, and Gaingels.
TargetDocs, based in Montgomery County and led by CEO
Joseph Leiva, is a construction communication platform that streamlines project file correspondence between general contractors and all of their subcontractors in one place.
After graduating from the A. James Clark School of Engineering at the University of Maryland, Leiva joined his family’s construction business where he saw firsthand the need for a communication management tool tailored to the construction industry. TargetDocs was developed to help connect subcontractors and general contractors through one catch-all workspace, so that files do not fall through the cracks and projects can be kept on time and on budget.