US EditionParspec Raises $20 Million To Streamline Construction Product Procurement With AI-Powered Software
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Parspec Raises $20 Million To Streamline Construction Product Procurement With AI-Powered Software
Parspec secures $20 million in Series A funding to expand its AI-powered platform for construction material procurement. The software improves bid accuracy, reduces turnaround times, and supports compliance by analyzing complex specifications and sourcing from a database of over 6 million products. Backed by strong revenue growth and major industry partners, Parspec plans to launch new order management and contractor collaboration tools by the e…
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