Parspec

Raised $20M in a Series A round, announced 8 July 2025.

Total raised
$20M

Latest round Series ACountry United StatesSector AI

Round

$20MSeries A, 8 July 2025

Funds product development of its AI procurement platform for construction distributors.

Amount
$20M
Stage
Series A
Announced
8 July 2025
Lead
Threshold Ventures
Other investors
Innovation Endeavors, Building Ventures, Heartland Ventures, Hometeam Ventures
Use of funds
Funds product development of its AI procurement platform for construction distributors.
Checked
Amount and date matched across 2 press sources
Sources
Parspec raises $20M Series A builtin.com
Parspec raises $20M Series A techstartups.com
Newsletter Startup rounds, in your inbox.

Free. Unsubscribe anytime.

Company

AI-native procurement platform for construction supply chain and distributors.

Based in
San Mateo, United States
Sector
AI
Website
parspec.io ↗

Links

Website
parspec.io ↗

Questions

How much has Parspec raised?

Parspec raised $20M in a Series A round, announced on 8 July 2025.

Who invested in Parspec?

Threshold Ventures led. Investors include Threshold Ventures, Innovation Endeavors, Building Ventures, Heartland Ventures and Hometeam Ventures.