PlanGrid

PlanGrid is a construction productivity software designed for onsite construction workers. PlanGrid digitises blueprints. It features version control and collaboration tools such as field markups, progress photos and issues tracking.

PlanGrid
IndustrySoftware
Founded2011
FateAcquired by Autodesk (2018)
HeadquartersSan Francisco, California, United States
Number of employees
400 (2018)[1]
Websiteapp.plangrid.com

History

PlanGrid is headquartered in San Francisco, California and was founded in 2011. It is available on mobile[2][3][4] and windows[5] devices. The software can store, view, and communicate construction blueprints.[6][7][8]

The company's board of directors included former Salesforce COO George Hu,[9] Sequoia Capital Partner Doug Leone,[10] and former Autodesk CEO Carol Bartz.[11]

Autodesk announced plans in November 2018 to acquire PlanGrid for US$875 million.[12] The acquisition was completed on December 20, 2018.[13]

PlanGrid's CEO, Tracy Young, was named to Fast Company's "Most Creative People in Business" in 2015.[14]

Fundraising history

The company's seed-stage investors include Y-Combinator, Sam Altman, Paul Buchheit and 500 Startups.[15]

In May 2015, PlanGrid raised a $18 million Series A from Sequoia Capital.[16]

In November 2015, PlanGrid raised a $40 million Series B led by Tenaya Capital.[17]

References
  1. "Q&A with Tracy Young, CEO and Cofounder of Plangrid". ycombinator.com.
  2. Taylor, Colleen. "YC Alum PlanGrid Launches 2.0 To Bring Construction Blueprints To The iPhone, Too". TechCrunch. Retrieved 24 October 2012.
  3. Lunden, Ingrid (March 2, 2012). "PlanGrid Builds A New Market For The iPad: The Construction Industry". TechCrunch (Aol Tech). Retrieved October 30, 2012.
  4. Grayson, Wayne (September 13, 2012). "PlanGrid blueprint app launches on iPhone with Box.net integration". Equipment World. Retrieved October 30, 2012.
  5. Sutton-Gee, Ryan. "How Tablets Will Transform Construction". TechCrunch. Retrieved 24 October 2012.
  6. Mitroff, Sarah (30 May 2012). "PlanGrid grabs seed round to make blueprints mobile". VB News. Retrieved 23 October 2012.
  7. Walton, Jon (March 7, 2012). "iPad App to Replace Printed Blueprints?". Digital Construction (WDM Group). Archived from the original on October 22, 2012. Retrieved October 30, 2012.
  8. Mathis, Joel (April 6, 2012). "Plangrid brings iPad to construction sites". MacWorld. Retrieved October 30, 2012.
  9. Gage, Deborah (11 June 2015). "Salesforce Executive George Hu Joins PlanGrid Board". The Wall Street Journal. Retrieved June 11, 2015.
  10. "Exclusive: PlanGrid raises $18 million from Sequoia to digitize construction blueprints". Fortune. Retrieved May 13, 2015.
  11. "Carol Bartz joins PlanGrid's board of directors". PlanGrid. 19 May 2016. Retrieved May 19, 2016.
  12. "Autodesk to Buy Construction Startup PlanGrid for $875 Million". Fortune. Retrieved 2018-11-20.
  13. "Autodesk Completes PlanGrid Acquisition" (Press release). Autodesk. PR Newswire. Retrieved 2021-01-15.
  14. "Most Creative People in Business 2015". Fast Company. 11 May 2015. Retrieved May 12, 2015.
  15. Lunden, Ingrid. "YC Alum/Construction Disruptor PlanGrid Nails $1.1M Seed Funding From Box, 500 Startups, And More". TechCrunch. Retrieved 23 October 2012.
  16. "Exclusive: PlanGrid raises $18 million from Sequoia to digitize construction blueprints". Fortune. Retrieved May 13, 2015.
  17. "PlanGrid Lands $40 Million Investment To Expand Product". TechCrunch. Retrieved November 18, 2015.
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