PermitFlow
PermitFlow Raises $54 million in Series B
PermitFlow Raises $54 million in Series B
PermitFlow has successfully raised $54 million in a Series B at a Undisclosed led by Accel.
Company Overview
PermitFlow is a Construction Tech company headquartered in New York NY, founded in 2021 with 200+ employees.
PermitFlow provides an AI-powered platform for construction permitting. The company is trusted by leading construction teams including Lennar Amazon and Dicks Sporting Goods automating building permitting and inspection workflows.
Fundraising Details
- Amount Raised: $54 million
- Round Type: Series B
- Valuation: Undisclosed
- Date: 2025-12-02
- Investors: Accel and Kleiner Perkins and Felicis and Initialized Capital and Altos Ventures and Y Combinator
About PermitFlow
PermitFlow provides an AI-powered platform for construction permitting. The company is trusted by leading construction teams including Lennar Amazon and Dicks Sporting Goods automating building permitting and inspection workflows. The company is positioned in the Construction Tech sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: New York NY
- Founded: 2021
- Team Size: 200+
- Industry: Construction Tech
What This Means
This funding round demonstrates strong investor confidence in PermitFlow's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The Construction Tech sector continues to attract significant investment as companies innovate to meet evolving market demands. PermitFlow's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching Undisclosed marks an important milestone for PermitFlow, positioning the company among notable players in the Construction Tech industry.
Looking Ahead
With this new capital, PermitFlow is well-positioned to execute on its growth strategy and continue building innovative solutions in the Construction Tech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
This fundraising news was reported on 2025-12-02. For more information about PermitFlow, visit their headquarters at New York NY.
Company Info
Investors (6)
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