TraceAir Technologies logo — Turnkey site intelligence for land acquisition, development,...

TraceAir Technologies

Turnkey site intelligence for land acquisition, development, and construction teams.

Founded 2015 United States Seattle, United States 164 employees Series B Total: $36.87M Analytics, Computing +2

General Information

Company Name TraceAir Technologies
Founded Year 2015
Location United States Seattle, United States
Employees 164
Industries Analytics, Computing, Drones +1
Funding Stage Series B
Business Model B2B, SaaS, Platform
Revenue Model Subscription, Usage Based, Service Fee
Social

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AI Insight

Bounce Watch AI
3 weeks ago

TraceAir Technologies recently closed a significant $25 million Series B funding round, underscoring strong investor confidence in its specialized site intelligence platform for land acquisition, development, and construction. This capital boost will fuel the company's strategic expansion, with planned future successes highlighting its ability to accelerate land development and streamline contractor pay-app processes. Furthermore, upcoming sponsorship and speaking engagements at key industry events like the Homebuilder Summit signal an aggressive push to enhance market visibility and secure new customers in the homebuilding sector.

Signal Types
Funding Customer Acquisition Market Engagement Growth
Strategic Labels
Growth Capital Market Expansion Contech Leadership
Next Move: Scaling
·
Impact: 9/10
·
Ideal For: Contech Growth Investors — Series B

About TraceAir Technologies

TraceAir Technologies is a construction intelligence software company founded in 2015 and based in the United States. The company's slogan, "TraceAir is site work intelligence software that empowers construction teams with critical data at their fingertips," underscores its mission to provide essential data to construction teams. The software facilitates improved communication and collaboration for construction teams, offering specialized tools for Developers, Grading Contractors, Geotech and Civil Engineers.

Utilizing commercial-grade drones, TraceAir scans construction sites on a weekly basis and processes the images overnight to create a geo-referenced 3D model. This model provides up-to-date project visuals and calculations, accessible to the entire construction team online from any internet-connected device. Notable clients such as Lennar, D.R. Horton, Shea Homes, M/I Homes, Independent Construction, and ENGEO have entrusted TraceAir to minimize change orders and expedite project completion. The company recently secured a $25.00M Series B investment on 29 May 2024 from Flashpoint and PeakSpan Capital.

With its innovative approach to utilizing drone technology and analytical tools for the construction industry, TraceAir is poised to continue revolutionizing how construction teams monitor, track quantities, plan, and manage jobsites. The recent substantial investment further solidifies its position as a disruptive force within the construction technology sector.

Business keywords: Construction Management Software, Drones, Leanconstruction, Monitoring, Productivity, Contech, Site Work Intelligence, 3D Modeling, Geospatial Data, Collaboration Tools, Project Visualization, Construction Technology

Services & Products

Drone-based Surveys
LiDAR Scans
360 Interior Scanning
Lot Grade Verification
Earthwork Quantification
Stormwater Drainage Reports

Target Customers

Homebuilders Land Developers Construction Teams Civil Contractors

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Series B $25.00M 2
Flashpoint, PeakSpan Capital
29 May 2024
Series A Undisclosed 2
XTX Ventures, KG Ventures
04 Apr 2022
Venture Round $5.00M 1
Flashpoint
26 Nov 2021
Series A $3.50M 8
Liquid 2 Ventures, GEM Capital +6
20 Jan 2021
Seed Round $2.50M 3
PIKvc, ENGEO +1
21 May 2018
Convertible Note $745.00K -
01 Aug 2016
Seed Round $125.00K 1
500 Startups
18 May 2016

TraceAir Technologies Alternatives & Competitors

View All Alternatives
TraceAir Technologies vs
Trimble Viewpoint
Trimble Viewpoint United States

Trimble Viewpoint - Construction Software to Help Manage Your Projects, Processes and People

Secondary Market
422 employees
Analytics, Finance
TraceAir Technologies vs

Construction software built for contractors, by contractors.

Series B
105 employees
Analytics, Enterprise Software
TraceAir Technologies vs
CHECKTOBUILD
CHECKTOBUILD United States

Compares the reality of your construction and your BIM models, increasing the productivity of your V...

Seed
4 employees
AI, Drones

FAQ About TraceAir Technologies

Turnkey site intelligence for land acquisition, development, and construction teams.
TraceAir Technologies was founded in 2015.
TraceAir Technologies is headquartered in Seattle, United States.
TraceAir Technologies operates in Analytics, Computing, Drones and Construction. Its work centres on Construction Management Software, Drones, Leanconstruction and Monitoring. Its customers include Homebuilders, Land Developers and Construction Teams.
TraceAir Technologies has a B2B, SaaS and Platform business model. Its revenue comes from Subscription, Usage Based and Service Fee.
TraceAir Technologies has approximately 164 employees.
TraceAir Technologies has completed 7 funding rounds, raising a total of $36.87M. The latest funding stage is Series B.
TraceAir Technologies offers: Drone-based Surveys, LiDAR Scans, 360 Interior Scanning, Lot Grade Verification, Earthwork Quantification, Stormwater Drainage Reports.
Top alternatives and competitors to TraceAir Technologies include Trimble Viewpoint, RedTeam - Construction Technology, CHECKTOBUILD, Dronodat GmbH, 4URSPACE. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
TraceAir Technologies and Trimble Viewpoint are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for TraceAir Technologies, https://bouncewatch.com/company/traceair-technologies, updated 29 September 2026. When citing, please name BounceWatch and link this page.

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