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Drillbit

Drillbit

Private
Austin, TexasEnterprise Softwarehttps://www.drillbit.com/

Last Round

Seed

Jan 1, 2025

Est. Valuation

$22M

Total Funding Raised

$4.1M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

Drillbit is a business/productivity software company that provides an AI-powered platform to automate administrative and operational workflows for home service businesses.

Sector

Enterprise Software

Verticals

Vertical SaaS, Construction Tech, NLP & Conversational AI, Workflow Automation

Business Model

B2B

Customer Profile

Subscription SaaS, Usage-Based SaaS

AI Layer

Application

Keywords

field service managementFSMAI agentAI receptionistAI automationvertical SaaSconstruction techworkflow automationautomated quotinglead managementautonomous agentai office workerresidential contractor softwarepayment processing

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Drillbit Comparables

Compare Drillbit with similar companies based on industry and business-model similarity.

Drillbit comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
QuoteIQ
86%
MyBusinessFlow
83%
Fieldified
78%

Drillbit Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
SeedJan 1, 2025
Pre SeedSep 25, 2024

Key People

Founding team and executive leadership

Alexander Seutin

Founder CEO

Founding Team

Drillbit Investors

Notable investors and investment history

Drillbit investors
InvestorRounds
Soma VenturesPre Seed
Contrarian Thinking CapitalPre Seed, Seed
Ardent Venture PartnersPre Seed, Seed
Venture HighwayPre Seed
J17 VenturesPre Seed, Seed
Y CombinatorPre Seed
Soma CapitalPre Seed, Seed

Market signals

Structured signals derived from secondary market and firmographic data.

  • Oct 9, 2025

    Sustained 42% month-over-month growth over the past 12 months.

  • Sep 3, 2025

    Added Getmontys, an Education Technology startup, as a customer.

Drillbit Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Drillbit Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Drillbit's valuation, stock price, and market status.

Firmographic Details

HeadquartersAustin, Texas
Employee Range15
Year Founded2023
Last FundingJan 1, 2025

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