Seattle-based startup TraceAir announced a $25 million Series B funding round to boost its project management software used by home builders and land developers.
- Founded in 2015, TraceAir aims to improve efficiency and automation by surveying project data with drones that can be analyzed by its software platform.
- PeakSpan Capital led the round, which included participation from Flashpoint Venture Capital and other existing investors. Total funding to date is $36 million.
- The company, which recently relocated its HQ to Seattle, was co-founded by Maria Khokhlova, Dmitry Korolev, Alexander Solovyev, and Nikita Ushakov. Korolev, TraceAir’s CEO, previously led a facilities monitoring company called the Karlsson Project.
