Real Estate Software Startup Closes $15 Million in Funding

BuildingConnected, a software provider for selecting real estate contractors for construction projects, secured $15 million in new funding from Brookfield Ventures.

Co-founded by Dustin DeVan and Jesse Pederson, BuildingConnected drives business efficiencies for real estate owners, general contractors, and subs through technology. According to the company, $80 billion of new construction projects are bid on a monthly basis by 170,000 owners, general contractors, and subs through the platform, including Clark Construction, Mortenson, McCarthy, StructureTone, Shawmut, Turner Construction, Brookfield, Panera Bread, UCSF, and Duke Realty.