CONSTRA is a visual intelligence platform for the construction sector, offering services to real estate, solar, mining, wind, and public infra. Founded in 2016 and headquartered in India, it leverages computer vision and analytics to provide insights from project sites' images and videos. By automating progress, safety, and quality monitoring at construction sites, CONSTRA has demonstrated its capability to enhance productivity and efficiency.
With a slogan emphasizing its focus on visual intelligence, CONSTRA's platform enables construction leaders to make analytics-driven decisions throughout the construction lifecycle. Its clients have reported significant benefits, including a 50% reduction in site visits by senior management and site staff, a 2X increase in snags reported, a 30% increase in debit notes issued to contractors/sub-contractors, and a 10% reduction in the cost of material wastage.
On 17 January 2022, CONSTRA received a substantial INR238.20M Series A investment, with participation from prominent investors such as SOSV, Chiratae Ventures, Artesian Investment, and RMZ Corp.
With its innovative approach and demonstrated impact on the construction industry, CONSTRA has emerged as a promising player in the analytics and construction sectors, garnering significant attention from both investors and industry stakeholders.