About LaborChart
LaborChart is a Real Estate & Construction company based in Kansas City (United States) founded in 2014, and was acquired by Procore in October 2021. It operates as a resource Scheduling and Management for the Construction Industry. It operates in the Real Estate & Construction and Technology sectors. The company was acqui-hired. Its focus areas include Enterprise Applications, Field Force Automation, Construction and Planning and Scheduling. Its legal entity is LABORCHART, INC. Its competitors include Planera, LocusView, Rhumbix, Triax Technologies and myComply and 3 more; 8 of its 8 listed competitors have raised funding.
Company details
LaborChart was founded in 2014 in Kansas City, United States, to support resource scheduling in the construction sector. A mobile app is used to view and assign crews, with employees color-coded by skills, roles, projects, or wages. Assignments are adjusted via drag-and-drop, automatically generating text and email notifications for crew updates. Funding was secured from Digital Sandbox KC, and top 20 finalist status was achieved in LaunchKC.
- Headquarters Kansas City, United States
- Stage Acquired
- SectorsReal Estate & ConstructionTechnology
- Website laborchart.com
- Social LinkedIn X
- Acquired by Procore (Oct 2021)
- Legal Name Laborchart, Inc.
Funding Insights of LaborChart
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of LaborChart 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 |
|---|---|---|---|---|---|
| Jan 2020 | – | Series A | – | Five Elms Capital | – |
2 investors in total: 2 institutional.
Investors in LaborChart
LaborChart has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Procore and Five Elms Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
B2B software companies are targeted for PE and growth-equity investments. | – | fiveelms.com | Kansas City, United States | |
SaaS project management software is provided for construction professionals. | 2003 | procore.com | Carpinteria, United States |
Investor details for LaborChart
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- Round participation
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Timeline of LaborChart
3 dated milestones of LaborChart across 7 years, from founding to its latest funding, stage changes and deals.
- Founded LaborChart is founded.
- Funding First funding round.
- Exit Acquired by Procore.
Competitors of LaborChart
LaborChart has 8 listed competitors in our database, 8 of them funded. They include Planera, LocusView, Rhumbix, Triax Technologies and myComply, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| planera.io | 2021 | San Jose, United States | $26.9M | – | Provider of SaaS-based project management software solutions for the construction sector | |
| locusview.com | 2014 | Chicago, United States | $64M | – | Navigation-based workforce management solutions for construction are provided. | |
| rhumbix.com | 2014 | San Francisco, United States | $53.02M | 15 | AI-powered SaaS-driven timekeeping and safety management software for construction professionals | |
| triaxtec.com | 2013 | Norwalk, United States | $17.91M | 17 | Cloud-based field management software is offered for construction professionals. | |
| mycomply.net | 2015 | Saskatoon, Canada | $3M | – | Construction workforce management software and hardware are provided. | |
| veyordigital.com | 2017 | Darlinghurst, Australia | $6.75M | – | Cloud-based logistics scheduling and planning are enabled for construction sites. | |
| smartpm.com | 2012 | Atlanta, United States | $6.87M | – | Schedule controls software solutions are provided for construction projects. | |
| workyard.com | 2015 | San Mateo, United States | $7.95M | – | An online marketplace is operated for hiring construction professionals. |
Detailed competitors of LaborChart
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- Full competitor set
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Top companies in Construction & Building Tech
10 companies that operate in the same segment as LaborChart (Construction & Building Tech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multi-category products are supplied via a B2B marketplace platform. | 2015 | Singapore, Singapore, Singapore | USD 470.85 M | USD 642.28 M | 1,331 | |
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 | |
Digital procurement and supply solutions for construction materials are facilitated. | 2016 | Thane, Maharashtra, India | USD 783.57 M | USD 1.43 B | 2,645 | |
Provider of cloud and AI-based virtual tour solutions for construction professionals | 2011 | Sunnyvale, California, United States | USD 163.18 M | – | – | |
Hover is recognized for providing construction and renovation software solutions. | 2011 | San Francisco, California, United States | USD 142.3 M | – | – | |
Cloud-based CRM and project management software for contractors is provided. | 2011 | American Fork, Utah, United States | USD 383 M | – | – | |
Cloud-based AR-enabled photo collaboration for field services is provided. | 2015 | Lincoln, Nebraska, United States | USD 36.25 M | – | 362 | |
AI and app-based smart windows are provided for buildings. | 2007 | Milpitas, California, United States | USD 3.01 B | USD 101.33 M | 410 |
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Related news about Laborchart
Complete news archive for LaborChart
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Frequently Asked Questions about LaborChart
LaborChart was founded in 2014 and raised its 1st funding round 6 years after it was founded.
LaborChart is headquartered in Kansas City, United States. It is registered at Kansas City, Missouri, United States.
LaborChart was founded in 2014 in Kansas City, United States, to support resource scheduling in the construction sector. A mobile app is used to view and assign crews, with employees color-coded by skills, roles, projects, or wages. Assignments are adjusted via drag-and-drop, automatically generating text and email notifications for crew updates. Funding was secured from Digital Sandbox KC, and top 20 finalist status was achieved in LaunchKC.
LaborChart's top competitors include Planera, Rhumbix and SmartPM Technologies.
LaborChart has 2 investors. Key investors include Procore, and Five Elms Capital.
LaborChart operates through Laborchart, Inc..
Yes. LaborChart was acquired by Procore in October 2021.