Provision

Provision

Private
Toronto, OntarioEnterprise Softwarehttps://useprovision.com

Last Round

Seed

Oct 15, 2025

Est. Valuation

$1.79M

Total Funding Raised

$7.13M

Momentum Score

50 /100

Company Overview

Provision is a technology company that develops an AI-powered platform for the construction industry. The platform is designed to analyze complex project documents like contracts, specifications, and drawings to help pre-construction teams identify risks, manage obligations, and ensure compliance. By transforming documents into risk-based insights and providing collaborative workflows, Provision aims to help contractors save time, reduce costly errors and disputes, and improve operational efficiency. The company was part of Y Combinator's Summer 2022 batch and is used by several of Canada's largest general contractors.

Sector

Enterprise Software

Verticals

Construction Tech, Vertical SaaS, Legal Tech, Compliance & Risk, NLP & Conversational AI

Business Model

B2B

Customer Profile

Subscription SaaS, Usage-Based SaaS, Services & Consulting

AI Layer

Application

Keywords

AI contract analysisconstruction risk managementconstruction techConTechcontract AIAI for constructionpre-construction softwarerisk managementlegal techvertical SaaScompliance softwaregeneral contractor softwareusage-based billingNLP

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Caplight Momentum Score

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Provision 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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Provision Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
SeedOct 15, 2025
AcceleratorSep 7, 2022

Key People

Founding team and executive leadership

ejegi joy

Chief Executive Officer

Executive Team

Provision Investors

Notable investors and investment history

InvestorRounds
One Way VenturesSeed
Cercano ManagementSeed
Y CombinatorSeed, Accelerator

Provision Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Provision Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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

Firmographic Details

HeadquartersToronto, Ontario
Employee Range45
Year Founded2022
Last FundingOct 15, 2025

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