PlanGrid is a construction productivity software designed for onsite construction workers. PlanGrid digitises blueprints. It has features such as version control and collaboration tools such as field markups, progress photos and issues tracking. PlanGrid is headquartered in

San Francisco, California San Francisco (; Spanish for " Saint Francis"), officially the City and County of San Francisco, is the commercial, financial, and cultural center of Northern California. The city proper is the fourth most populous in California and 17th ...

and was founded in 2011. It is available on mobile and windows devices. The software can store, view, and communicate construction blueprints. PlanGrid's CEO, Tracy Young, was named to

Fast Company ''Fast Company'' is a monthly American business magazine published in print and online that focuses on technology, business, and design. It publishes six print issues per year. History ''Fast Company'' was launched in November 1995 by Alan Web ...

's "Most Creative People in Business" in 2015. The company's board of directors include former

Salesforce Salesforce, Inc. is an American cloud-based software company headquartered in San Francisco, California. It provides customer relationship management (CRM) software and applications focused on sales, customer service, marketing automation, a ...

COO George Hu, Sequoia Capital Partner Doug Leone, and former

Autodesk Autodesk, Inc. is an American multinational software corporation that makes software products and services for the architecture, engineering, construction, manufacturing, media, education, and entertainment industries. Autodesk is headquartere ...

CEO

Carol Bartz Carol Ann Bartz (born August 28, 1948) is an American business executive, former president and CEO of the internet services company Yahoo!, and former chairman, president, and CEO at architectural and engineering design software company Autodesk. ...

announced plans in November 2018 to acquire PlanGrid for US$875 million. The acquisition was completed on December 20, 2018.

Fundraising history

The company's seed-stage investors include

Y-Combinator Y Combinator (YC) is an American technology startup accelerator launched in March 2005. It has been used to launch more than 3,000 companies, including Airbnb, Coinbase, Cruise, DoorDash, Dropbox, Instacart, Quora, PagerDuty, Reddit, Stripe ...

Sam Altman Samuel H. Altman ( ; born April 22, 1985) is an American entrepreneur, investor, programmer, and blogger. He is the CEO of OpenAI and the former president of Y Combinator. Early life and education Altman grew up in St. Louis, Missouri; his mothe ...

Paul Buchheit Paul T. Buchheit is an American computer engineer and entrepreneur who created Gmail. He developed the original prototype of Google AdSense as part of his work on Gmail. He also suggested Google's former company motto ''Don't be evil'' in a 2000 ...

and

500 Startups 500 Global (previously 500 Startups) is an early-stage venture fund and seed accelerator founded in 2010 by Dave McClure and Christine Tsai. The fund admitted a first "class" of twelve startups to its incubator office in Mountain View, Californ ...

. In May 2015, PlanGrid raised a $18 million Series A from Sequoia Capital. In November 2015, PlanGrid raised a $40 million Series B led by

Tenaya Capital Tenaya Capital is a venture capital firm with offices in Portola Valley, California, and Wellesley, Massachusetts. Founded in 1995 as Lehman Brothers Venture Partners, Tenaya spun out to become an independent firm in 2009 following Lehman's bankr ...

References

External links

*{{official website Technology companies of the United States Software companies based in California Construction software Construction documents Autodesk acquisitions 2018 mergers and acquisitions Defunct software companies of the United States 2012 establishments in California Software companies established in 2012 American companies established in 2012