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Parspec Raises $20 Million Series A to Modernize the Construction Supply Chain with AI

Summary by EdisonReport
SAN MATEO, CA – JULY 8, 2025 – Parspec, an AI-native software platform that enables wholesale distributors and sales agents to efficiently bid and supply construction products, today announced it has raised $20 million in Series A funding. The round was led by Threshold Ventures (formerly DFJ), with participation from existing venture investors including Innovation Endeavors, Building Ventures, Heartland Ventures, and Hometeam Ventures. The glob…
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EdisonReport broke the news in on Tuesday, July 8, 2025.
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