Ernest

Ernest

Private
Miami, FloridaReal Estate & PropTechhttps://www.joinernest.com

Last Round

Series A

Jan 2, 2024

Total Funding Raised

$13.35M

Company Overview

Ernest is a technology-enabled construction company that provides an AI-powered software platform combined with direct project execution services. The company's platform is designed to streamline every stage of the construction process for owners, general contractors, and subcontractors, managing budgets, schedules, approvals, and tasks. In addition to its software, Ernest provides construction and electrical services, including installations, repairs, and panel upgrades. Founded in 2022 and headquartered in Miami, Florida, the company aims to solve common industry challenges by using technology built by people with direct construction experience. The company was formerly known as Electrik Pros.

Sector

Real Estate & PropTech

Verticals

Construction Tech, Project Management, Vertical SaaS, NLP & Conversational AI, Computer Vision

Business Model

B2B

Customer Profile

Services & Consulting, Subscription SaaS, Payment Processing Fee

AI Layer

Application

Keywords

construction platformtech-enabled general contractorconstruction management softwareAI for constructiongeneral contractingconstruction copilotautomated plan takeoffConTechconstruction project managementplan takeoff softwareconstruction estimating softwareconstruction field appoffice to field softwarevertical SaaS

Historical Pricing

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Ernest Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Ernest Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series AJan 2, 2024

Key People

Founding team and executive leadership

Hassan Yasin

Chief Product Officer Co-Founder

Founding Team

Olex Kal'tsev

CFO Co-Founder

Founding Team

Michael Ragheb

CEO Co-Founder

Founding Team

Ernest Investors

Notable investors and investment history

InvestorRounds
Grant Park VenturesSeries A
Fortified VenturesSeries A
Calm VenturesSeries A
Trust VenturesSeries A

Ernest Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Ernest Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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

Firmographic Details

HeadquartersMiami, Florida
Employee Range42
Year Founded2022
Last FundingJan 2, 2024

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