Unearth

Unearth Technologies, Inc. specializes in providing innovative software solutions to enhance construction project management through real-time data visualization and collaboration tools, primarily serving stakeholders in the construction industry. Founded in 2016, Unearth Technologies, Inc. is based in Seattle, US.

The company focuses on developing software solutions aimed at improving construction project efficiency. In September 2023, Unearth was acquired by Procore Technologies, Inc. , a portfolio company of ICONIQ Capital, from Madrona Venture Group, Vulcan Capital, and Bentley iTwin Ventures for undisclosed financial terms. The company has executed a total of 6 deals, with its most recent deal occurring on September 19, 2023.

It has raised a total of USD 7. 00 mn, with the latest funding round being a Venture Debt round amounting to USD 3. 00 mn. The company was co-founded by Amy Hutchins, Brian Saab, Bryan Merica, Duane H, Eric Lee, Ilse Esparza, Johnson Goh, Lisa Sisson, and Matthew Eagan, with Brian Saab and Bryan Merica currently serving as the CEOs.

Unearth Technologies, Inc. offers a suite of software solutions designed to enhance collaboration and efficiency in construction project management. Their offerings include tools that allow users to visualize construction data on dynamic maps, enabling real-time tracking of project status through integrated photographs and geographic coordinates. This functionality supports general contractors, owners, and specialty contractors by providing a comprehensive view of construction data, enhancing resource allocation, and optimizing workflows across various project stakeholders.

The company serves a diverse client base, including general contractors, public agencies, and private owners in North America, Europe, and Asia-Pacific markets. Unearth Technologies, Inc. operates on a subscription-based revenue model, allowing clients to access its construction management services through annual contracts. This model ensures a stable cash flow and supports ongoing investment in product development.

Clients engage in various pricing plans based on their needs, securing access to Unearth’s tools that streamline project management by integrating data from multiple sources. Unearth Technologies, Inc. plans to leverage its recent acquisition by Procore Technologies, Inc. to enhance its product offerings and expand its market presence.

With the integration of Unearth’s technology into Procore's platform, the company aims to bolster its horizontal projects. The recent funding will be utilized to support the development of new products and features that further enhance construction project management capabilities. Specific plans for market expansion into new geographic regions have not been detailed, but the integration with Procore is expected to strengthen Unearth’s position in the construction industry.