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Assignar Secures $20 Million To Expand Its Operations Platform For Infrastructure Contractors & Projects With Series B Round Led by Fifth Wall, Company Will Grow Team & Product Development with AI/ML Capabilities News provided by Share this article Share this article DENVER, May 19, 2021 /PRNewswire/ Assignar, a cloud-based construction operations platform for heavy civil & infrastructure self-perform general and subcontractors, today announces that it has raised $20 million in Series B funding. The round was led by Fifth Wall, the largest venture capital firm focused on technology for the global real estate industry, with a repeat investment from Tola Capital and a new investment from Ironspring Ventures. Fifth Wall Partner, Vik Chawla joins the board as part of this round. ....
Construction tech upstart Assignar adds a Fifth Wall with $20M Series B Construction technology may not be the sexiest of industries, but it is one where tremendous opportunity lies considering it has historically lagged in productivity. And, lags in productivity means project delays, which typically costs everyone involved more time and more money. There are a number of larger players in the space (think Procore, PlanGrid and Autodesk) that are tackling the problems from the perspective of the general contractor. But when it comes to the subcontractors that are hired by the general contractor to do 95% of the work, the pickings are few and far between. ....
Horse & Hound Trending: The top showjumping stallion and former ride of Beezie Madden, Judgement ISF, has died in retirement. Owned and bred by Mary Alice Malone of Iron Spring Farm, the stallion represented Team USA on multiple occasions during his career of more than a decade with Beezie, who took over the ride from showjumper Michael Matz in 1999. Beezie and Judgement ISF represented Team USA at the 2002 World Equestrian Games in Jerez de la Frontera, took part in 10 Nations Cup events, and competed in the 2003 and 2006 World Cup Finals. The stallion is so far the only North American-bred horse to have won the $1,000,000 CN International at Spruce Meadows in its 44-year history. Judgement retired sound to Iron Spring Farm aged 18. ....