About Honest Buildings
Honest Buildings is a Real Estate & Construction company based in New York (United States) founded in 2012, and was acquired by Procore in July 2019. Cloud-based project management and procurement platform. Honest Buildings has raised $46.88 million across 11 funding rounds from investors including Procore, First Capital Realty and Altus Group. The company has 89 employees. Honest Buildings offers products and services including Procore Platform, Bid Management, Project Management, Financial Management, and Resource Management. Its focus areas include Real Estate and Construction Tech, Construction Tech, Project Management and Suite. Its legal entity is HONEST BUILDINGS, INC. Its competitors include Procore, Hover and Hyphen Solutions; 2 of its 3 listed competitors have raised funding.
Company details
Honest Buildings was founded in 2012 in New York, United States, within the commercial real estate sector. A cloud-based platform is operated for project management and procurement, covering building and renovation portfolios, asset oversight, automated bidding, approvals, budgeting, RFPs, and analytics. Curated vendors and designers are linked to owners and managers. Clients served include Brookfield, Parkway, Invesco, Rudin, Harvest Properties, CommonWealth Partners, MRP Realty, and Milstein Properties.
- Headquarters New York, United States
- Employees 89
- Stage Acquired
- SectorsReal Estate & Construction
- Email••••••••
- Website honestbuildings.com
- Social LinkedIn
- Acquired by Procore (Jul 2019)
- Legal Name Honest Buildings, Inc.
Products & Services of Honest Buildings
Honest Buildings offers a comprehensive portfolio of products and services, including Procore Platform, Bid Management, Project Management, Financial Management, and Resource Management.
Unified software for project lifecycle and collaboration tools
System for creating and analyzing construction bids
Tools for overseeing project activities and safety standards
Platform for tracking budgets and financial insights
Software for assigning and monitoring team productivity
Funding Insights of Honest Buildings
Honest Buildings has successfully raised a total of $46.88M across 11 strategic funding rounds. 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 $46.88M
- Total Rounds 11
- First Round $750,000
(Jan 2012)
- Investors Count 20
Latest 10 of 11 funding rounds of Honest Buildings with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2018 | Series B | – | – | ||
| May 2018 | $5M | Series B | – | First Capital Realty | |
| Apr 2018 | $3.5M | Series B | – | QuadReal, Altus Group | |
| Feb 2018 | $8M | Series B | – | Oxford Properties, The Durst Organization | |
| Oct 2017 | $13M | Series B | – | Rudin, Navitas Capital | |
| Aug 2016 | $1M | Series A | – | – | – |
| Jun 2015 | $5M | Series A | – | – | |
| Dec 2013 | $4M | Series A | – | Thrive Capital | |
| Jun 2013 | $7.38M | Series A | – | – | |
| Sep 2012 | Seed | – | RockPort Capital |
21 investors in total: 21 institutional.
Investors in Honest Buildings
Honest Buildings has secured backing from 21 investors, including institutional and venture fund investors. Prominent investors backing the company include Procore, First Capital Realty and Altus Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Focus is placed on real estate and renewable energy investments. | 1899 | brookfield.com | Toronto, Canada | |
Investments in technology sectors are managed by Navitas Capital. | navitascap.com | Los Angeles, United States | ||
US focused VC firm | westlygroup.com | Menlo Park, United States | ||
Stage-agnostic venture capital investments are made in US companies. | rockportcap.com | Boston, United States | ||
Early-stage technology startups are invested in by Thrive Capital. | thrivecap.com | New York, United States | ||
Venture capital firm backed by RiverPark Funds group | riverparkvc.com | New York, United States | ||
Develops & builds residential & commercial buildings backed by the Durse Family | 1915 | durst.org | New York, United States | |
Venture capital firm investing in proptech sectors | gspv.vc | Toronto, Canada | ||
| greensoil-investments.com | ||||
Venture capital investments are managed in technology and healthcare sectors by this firm. | mdv.com |
Investor details for Honest Buildings
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Honest Buildings
546 people are tracked at Honest Buildings (142 in leadership, 9 in board & advisors, 395 in team); the tracked headcount is 89.
| Name | Role | Group |
|---|---|---|
Pradeep Konduru | Vice President | Leadership |
Barry Hughes | Senior People Partner - Europe | Leadership |
Ivy Hirsch | Senior Executive Assistant, Office Of The CFO | Leadership |
Jason Rumfola | Head Of M&a Finance Integration Support | Leadership |
Cait Stern | Senior Director, Corporate Strategy & Monetization | Leadership |
Elise Pent | Director, HR Strategy & Portfolio Operations | Leadership |
Laura Mills | Vp, Total Rewards | Leadership |
Melissa Bitner | Sr. Talent Business Partner Manager | Leadership |
Carolyn P. | Senior Director, Customer Success - Enterprise | Leadership |
Brittany Schramm | Senior Director Cloud Partnerships & Business Development | Leadership |
Elizabeth Starnes | Director Partner Revenue | Leadership |
Analisa Honrath | Senior Director, Talent Business Partner Leader - Go To Market | Leadership |
Steve Zahm | Chief Experience Officer | Leadership |
Vimal Shah | Senior Director | Leadership |
Travis Shrout | Vice President, Associate General Counsel - Corporate | Leadership |
Ting Wang | Director & Assistant General Counsel, Corporate, Securities & M&a | Leadership |
Shawn Nelson | Senior Director, Sales Effectiveness | Leadership |
Hemendra Pal | Senior Vice President | Leadership |
Alexandra Mattison | Area Vice President Of Enterprise Sales | Leadership |
Chris Gonzalez | Vice President, GTM Enablement | Leadership |
526 more people are available in the full profile.
Complete people profiles for Honest Buildings
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Honest Buildings
4 dated milestones of Honest Buildings across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Honest Buildings is founded.
- Funding First funding round of $750K.
- Funding Latest funding round, Series B,.
- Exit Acquired by Procore.
Competitors of Honest Buildings
Honest Buildings has 3 listed competitors in our database, 2 of them funded. They include Procore, Hover and Hyphen Solutions.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| procore.com | 2003 | Carpinteria, United States | $406.15M | 3,164 | SaaS project management software is provided for construction professionals. | |
| hover.to | 2011 | San Francisco, United States | $142.3M | 280 | Hover is recognized for providing construction and renovation software solutions. | |
| hyphensolutions.com | 1998 | Addison, United States | 159 | Collaboration and scheduling software is provided for home construction. |
Detailed competitors of Honest Buildings
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Web traffic of Honest Buildings
The website of Honest Buildings (honestbuildings.com) receives about 1.2K visits a month.
- Monthly visits1.2K
▲ 43.4% vs previous month
Websites whose visitors overlap most with Honest Buildings. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| floored.com | 100% | View details | |||
| compstak.com | 92% | 36.3K | #782,084 | View details | |
| commercialobserver.com | 62% | #199,024 | View details | ||
| therealdeal.com | 61% | 1.1M | #57,486 | View details | |
gendersite.org | gendersite.org | 46% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for Honest Buildings
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 6 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Construction & Building Tech
3 companies that operate in the same segment as Honest Buildings (Construction & Building Tech) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
SaaS project management software is provided for construction professionals. | 2003 | Carpinteria, California, United States | USD 406.15 M | USD 1.32 B | 4,927 | |
Business management software is offered for home service providers. | 2007 | Glendale, California, United States | USD 1.1 B | USD 960.97 M | 3,049 | |
Cloud-based positioning solutions are offered for industrial sectors. | 1978 | Sunnyvale, California, United States | USD 3.59 B | 12,100 |
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Related news about Honest Buildings
Complete news archive for Honest Buildings
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Frequently Asked Questions about Honest Buildings
Honest Buildings was founded in 2012.
Honest Buildings is headquartered in New York, United States. It is registered at New York, New York, United States.
Honest Buildings is a funded company, having raised a total of $46.88M across 11 funding rounds to date.
Honest Buildings has 89 employees.
Honest Buildings was founded in 2012 in New York, United States, within the commercial real estate sector. A cloud-based platform is operated for project management and procurement, covering building and renovation portfolios, asset oversight, automated bidding, approvals, budgeting, RFPs, and analytics. Curated vendors and designers are linked to owners and managers. Clients served include Brookfield, Parkway, Invesco, Rudin, Harvest Properties, CommonWealth Partners, MRP Realty, and Milstein Properties.
Honest Buildings's top competitors include Procore, Hover and Hyphen Solutions.
Honest Buildings offers Procore Platform, Bid Management, Project Management, Financial Management, and Resource Management.
Honest Buildings has 21 investors. Key investors include Procore, First Capital Realty, Altus Group, The Durst Organization, and Brookfield Asset Management.
Honest Buildings operates through Honest Buildings, Inc..
Yes. Honest Buildings was acquired by Procore in July 2019.