
United States · Information technology & services startup
Versatile is a construction technology company that leverages artificial intelligence (AI) and the internet of things (IoT) to enhance jobsite productivity and safety.
Funding reportedLast round: Series B
Versatile is a construction technology company that leverages artificial intelligence (AI) and the internet of things (IoT) to enhance jobsite productivity and safety.
Founded in 2016 and headquartered in Los Altos, California, with additional offices in Boca Raton, Florida, and Tel Aviv, Israel, Versatile aims to transform construction into a fully controllable process. The company's flagship product is an AI-powered jobsite data collection platform that captures real-time performance data through a sensor device mounted under the hook of cranes. This platform provides features such as real-time production data, automated daily reports, mobile alerts for performance anomalies, and predictive analytics to optimize scheduling. Versatile serves steel erectors, general contractors, and fabricators, helping them execute projects more efficiently and reduce costs. By delivering timely insights, Versatile empowers construction professionals to make informed decisions that enhance productivity and safety on job sites.
Funding, as reported
From the SEC filings it signed: 2 on the team.
On the board, as filediGad TorenNikitas Koutoupes
What they build
Known for
constructioninformation technology & servicesconstruction technologyartificial intelligenceadvanced process controliotmachine learningaisoftware development
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