Disperse, a company that uses AI to power construction projects, has raised $16M.
Disperse is a U.K. construction tech company which offers a platform powered by artificial intelligence to help project managers track the work on building sites and collect data. The company has raised $16million in funding.
Disperse, a London-based company founded in 2015, creates a digital replica of a construction site. It includes visual snapshots to track progress and help stakeholders, no matter where they are located, keep up. Disperse uses a 360-degree camera to send someone to a construction site regularly. The resulting images are then fed into the Disperse platform, which applies computer vision and processes them.
This can be used to determine the status of a project and resolve disputes if they occur. This automatically highlights potential bottlenecks or problems while they are still resolvable.
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Disperse, which brings AI-fuelled data to construction projects, raises $16M
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