About Adaptive
Adaptive is a company based in New York (United States) founded in 2021 by Francisco Enriquez, Henry Bradlow, and Matt Calvano. It operates as a SaaS (Software-as-a-Service). Adaptive has raised $26.25 million across 3 funding rounds from investors including Exponent, Andreessen Horowitz and Third Kind Venture Capital. Adaptive offers products and services including Adaptive Platform, Automated AP and Job Costing, and Real-Time Budgets & Draws. Adaptive operates in a competitive market with competitors including Smartbeam, Varicon, Mela Works, Bauwise and Compa, among others.
- Headquarter New York, United States
- Founders Francisco Enriquez, Henry Bradlow, Matt Calvano
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Sectors
Real Estate & Construction
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Phone
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Website
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Social
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- Legal Name Adaptive Build, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$26.25 M (USD)
in 3 rounds
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Latest Funding Round
$19 M (USD), Series A
Jul 16, 2024
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Investors
Exponent
& 8 more
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Employee Count
Not available
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Products & Services of Adaptive
Adaptive offers a comprehensive portfolio of products and services, including Adaptive Platform, Automated AP and Job Costing, and Real-Time Budgets & Draws.
Financial management platform is built for construction professionals.
Bills are processed automatically for construction job costing.
Budgets and draws are tracked in real time.
People of Adaptive
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Funding Insights of Adaptive
Adaptive has successfully raised a total of $26.25M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $19 million completed in July 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Adaptive
Adaptive has secured backing from 9 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Exponent, Andreessen Horowitz and Third Kind Venture Capital.
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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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Early-stage investments in finance and financial services are targeted.
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Investing in early-stage tech companies and ideas.
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Investor details for Adaptive
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Investments & Acquisitions by Adaptive
Investment portfolio details for Adaptive
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Financial Statements - Adaptive
Detailed financials for Adaptive
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Adaptive Comparisons
Peer comparison for Adaptive
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Competitors of Adaptive
Adaptive operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Smartbeam, Varicon, Mela Works, Bauwise and Compa, among others.
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Cost and budget management is facilitated for construction projects.
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Cost management software is delivered via SaaS for construction professionals.
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Field workforce collaboration is enabled via a mobile platform.
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Software for tracking construction budgets, costs, invoices, and subcontractor management.
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Merchant processing solutions are provided for payment acceptance and management.
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Detailed competitors of Adaptive
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Latest news on Adaptive
Complete news archive for Adaptive
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Frequently Asked Questions about Adaptive
Adaptive was founded in 2021.
Adaptive is headquartered in New York, United States. It is registered at New York, New York, United States.
Matt Calvano is the current CEO of Adaptive. They have also founded this company.
Adaptive is a funded company, having raised a total of $26.25M across 3 funding rounds to date.
Adaptive is established as a leading AI-powered financial management platform tailored for construction professionals, including builders, remodelers, and developers. Operations are unified between field and accounting through automated accounts payable, real-time budgets, draws, and compliance management. Integration with QuickBooks is provided for seamless financial operations. The platform serves over 500 clients, focusing on preventing cash leakage, protecting margins, and saving time. Solutions are designed to improve profit margins by 3-10, save over 10 hours weekly, and reduce accounting costs significantly.
Adaptive offers Adaptive Platform, Automated AP and Job Costing, and Real-Time Budgets & Draws.
Adaptive has 9 investors. Key investors include Exponent, Andreessen Horowitz, Third Kind Venture Capital, BoxGroup, and Definition Capital.