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

History

PlanGrid is headquartered in

San Francisco, California San Francisco, officially the City and County of San Francisco, is a commercial, Financial District, San Francisco, financial, and Culture of San Francisco, cultural center of Northern California. With a population of 827,526 residents as of ...

and was founded in 2011. It is available on mobile and windows devices. The software can store, view, and communicate construction blueprints. The company's board of directors included former

Salesforce Salesforce, Inc. is an American cloud-based software company headquartered in San Francisco, California. It provides applications focused on sales, customer service, marketing automation, e-commerce, analytics, artificial intelligence, and ap ...

COO George Hu,

Sequoia Capital Sequoia Capital Operations, LLC is an American venture capital firm headquartered in Menlo Park, California, specializing in seed stage, early stage, and growth stage investments in private companies across technology sectors. the firm had appro ...

Partner Doug Leone, and former

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

CEO Carol Bartz.

announced plans in November 2018 to acquire PlanGrid for US$875 million. The acquisition was completed on December 20, 2018. PlanGrid's CEO
Tracy Young
was named to''

Fast Company ''Fast Company'' is an American business magazine published monthly in print and online, focusing on technology, business, and design. It releases six print issues annually. History ''Fast Company'' was founded in November 1995 by Alan Webb ...

''s "Most Creative People in Business" in 2015.

Fundraising history

The company's seed-stage investors include Y-Combinator,

Sam Altman Samuel Harris Altman (born April 22, 1985) is an American technology entrepreneur, investor, and the chief executive officer of OpenAI since 2019 (he was Removal of Sam Altman from OpenAI, briefly dismissed and reinstated in November 2023). He ...

Paul Buchheit Paul T. Buchheit (born November 7, 1977) is an American computer engineer and entrepreneur who created the email service Gmail. He developed the original prototype of Google AdSense as part of his work on Gmail. He also suggested Google's former ...

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

. 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 ban ...

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 Construction software