Doxel, founded in 2016, is revolutionizing the construction industry with its innovative solution for Automated Construction Progress Tracking. Operating from its headquarters in the United States, the company addresses the industry's significant challenge of managing vast amounts of project data to ensure timely and budget-compliant completions.
The company's cutting-edge platform uniquely integrates and contextualizes data across various project facets such as site, BIM, schedule, and budget. This holistic approach not only provides teams with a clear, objective project overview but also predicts future project trajectories with high accuracy. By employing machine-generated and prioritized risk analysis, Doxel helps teams focus on pressing issues, thereby preventing cost overruns and delays.
Backed by top-tier investors like Insight Partners and Andreessen Horowitz, Doxel secured a $40.00M Series B investment in August 2021, fueling its mission to enhance construction outcomes through advanced technology.