
Slate
Introducing Slate, a virtual assistant designed to take the guesswork out of construction and help you deliver dramatically better projects.
Date | Investors | Amount | Round |
---|---|---|---|
* | N/A | $11.9m | Early VC |
Total Funding | 000k |
USD | 2023 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
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Slate Technologies operates in the construction technology sector, providing an AI-powered software platform designed to unify and analyze project data. Founded in 2020 and based in Pleasanton, California, the company emerged from stealth mode in October 2022. The firm targets general contractors, real estate developers, and project managers, aiming to improve decision-making and project outcomes. Its business model is based on a Software-as-a-Service (SaaS) subscription.
The company's leadership team combines experience in both technology and construction. Trevor Schick, who has a background in supply chain management at companies like Apple and HP, became CEO in March 2023 after initially being an investor and customer. The Chief Technology Officer is Senthil M. Kumar, who has a background in AI, cloud computing, and big data. Slate's mission is to resolve data silos in the construction industry, where an estimated 30% of management time is spent searching for information. The platform addresses this by ingesting data from various sources, including common industry software like Autodesk and Procore, as well as unstructured sources like emails, and contextualizing it into a single source of truth.
Slate's core product is a digital assistant that uses AI and machine learning to offer predictive analytics and actionable insights. This helps teams identify potential issues, automate workflows, and reduce costly mistakes. The platform features several modules, including Slate Generate for preconstruction, which automates take-offs and estimating, and Slate Progress, which tracks project status. By integrating with a client's existing tech stack, the software provides a unified view of project data, enhancing collaboration and efficiency. The company has received industry recognition, including the 2025 AI Breakthrough Award for Agentic AI Innovation. Slate has raised a total of $20.2 million in funding, with investors including Celesta Capital and IndusAge Partners.
Keywords: construction technology, AI in construction, project management software, data analytics, ConTech, SaaS, real estate technology, predictive analytics, decision assistant, preconstruction, data integration, construction data, project intelligence, workflow automation, digital twin, building information modeling (BIM), construction software, risk mitigation, project efficiency, real estate investment analysis
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