Parspec
PrivateLast Round
Series A
Jul 8, 2025
Total Funding Raised
$31.5M
Company Overview
Parspec is a technology company that offers an artificial intelligence platform to streamline the supply chain for the building and construction industry by facilitating the selection and sale of construction products through instant submittal creation and online management.
Sector
Enterprise Software
Verticals
Construction Tech, Vertical SaaS, Workflow Automation, Supply Chain
Business Model
B2B
Customer Profile
Subscription SaaS, Usage-Based SaaS
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Parspec Comps
Public and private peers based on sector, stage, and business model.
Parspec Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series A | Jul 8, 2025 | ||||
| Seed | Feb 27, 2024 |
Key People
Founding team and executive leadership
Parspec Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Building Ventures | Series A, Seed |
| Heartland Ventures | Series A, Seed |
| Threshold Ventures | Series A |
| Innovation Endeavors | Series A, Seed |
| Hometeam Ventures | Series A, Seed |
Market signals
Structured signals derived from secondary market and firmographic data.
- Apr 8, 2026
Launched a new Project Management solution to streamline construction execution.
- Mar 8, 2026
Added Borderstates, an industrial/electrical supply company, as a customer.
Parspec Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Parspec's valuation, stock price, and market status.
