About Ediphi
Ediphi is a company based in San Francisco (United States) founded in 2023. It operates as a SaaS (Software-as-a-Service). Ediphi has raised $18.5 million across 2 funding rounds from investors including Norwest Venture Partners and Suffolk. Ediphi offers products and services including Ediphi Platform, Cost Modeling, and Unit Price Catalog. Ediphi operates in a competitive market with competitors including 1build, Buildxact, Monstock, Procurified and Tresium, among others.
- Headquarter San Francisco, United States
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Sectors
Real Estate & Construction
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Ediphi Solutions Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$18.5 M (USD)
in 2 rounds
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Latest Funding Round
$12 M (USD), Series A
Mar 22, 2024
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Investors
Norwest Venture Partners
& 1 more
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Employee Count
Employee Count
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Products & Services of Ediphi
Ediphi offers a comprehensive portfolio of products and services, including Ediphi Platform, Cost Modeling, and Unit Price Catalog. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Cloud-based platform for efficient preconstruction cost estimating.
Historical data used for accurate project cost modeling.
Centralized pricing data for precise cost control estimates.
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Funding Insights of Ediphi
Ediphi has successfully raised a total of $18.5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $12 million completed in March 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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $12.0M
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First Round
First Round
(16 Nov 2023)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2024 | Amount | Series A - Ediphi | Valuation | Norwest Venture Partners |
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| Nov, 2023 | Amount | Seed - Ediphi | Valuation | Suffolk |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Ediphi
Ediphi has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Norwest Venture Partners and Suffolk. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital and growth equity firm providing investments and resources to entrepreneurs in various sectors.
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Founded Year | Domain | Location | |
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Construction and real estate startups are invested in by Suffolk.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Ediphi
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Ediphi
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ediphi Comparisons
Competitors of Ediphi
Ediphi 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 1build, Buildxact, Monstock, Procurified and Tresium, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
SaaS takeoff and estimation software is provided for construction professionals.
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| domain | founded_year | HQ Location |
Cloud-based software is provided for construction estimation and job management.
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| domain | founded_year | HQ Location |
Cloud-based inventory management solutions are offered to various sectors.
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| domain | founded_year | HQ Location |
SaaS-driven estimation and marketplace platform for construction projects is provided.
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| domain | founded_year | HQ Location |
Provides accurate calculations for construction materials via mobile app.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ediphi
Frequently Asked Questions about Ediphi
When was Ediphi founded?
Ediphi was founded in 2023.
Where is Ediphi located?
Ediphi is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Ediphi?
Dustin DeVan is the current CEO of Ediphi.
Is Ediphi a funded company?
Ediphi is a funded company, having raised a total of $18.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $6.5M, raised on Nov 16, 2023.
What does Ediphi do?
Ediphi is established as a leading cloud-based platform for preconstruction and estimating in the construction industry. Solutions are provided for cost modeling, contract management, and data integration through tools like the Unit Price Catalog and Last Mile automation. The platform is designed to enhance efficiency, accuracy, and collaboration for general contractors and other stakeholders. Services are extended across various construction sectors, ensuring real-time data insights and streamlined workflows. Historical cost data is leveraged to inform future projects, maintaining transparency and precision at every stage.
Who are the top competitors of Ediphi?
What products or services does Ediphi offer?
Ediphi offers Ediphi Platform, Cost Modeling, and Unit Price Catalog.
Who are Ediphi's investors?
Ediphi has 2 investors. Key investors include Norwest Venture Partners, and Suffolk.
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