MSUITE

Cedar Rapids, United States Founded: 2015 • Age: 11 yrs Acquired By Stanley Black & Decker
Cloud-based BIM software is provided for field construction professionals.
Annual revenue - Latest available
Total funding $4.0M 1 rounds
Employees 23 Tracked headcount
Investors 4 Known backers
Products 3 Services tracked
Competitors 11 Brand Intelligence

About MSUITE

MSUITE is a company based in Cedar Rapids (United States) founded in 2015 was acquired by Stanley Black & Decker in May 2022. MSUITE has raised $4 million across 1 funding round from investors including Stanley Black & Decker, U.S. CAD and Stanley Ventures. The company has 23 employees as of December 31, 2021. MSUITE offers products and services including MSUITE BIM, MSUITE HANGERS, and MSUITE FAB. MSUITE operates in a competitive market with competitors including Procore, Hover, Nemetschek Group, Viewpoint and Aconex, among others.

  • Headquarter Cedar Rapids, United States
  • Employees 23 as on 31 Dec, 2021
  • Sectors
    Real Estate & Construction
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Msuite Corporation
Operational Areas
Real Estate & Construction → Property Technology (PropTech) Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $4 M (USD)

    in 1 rounds

  • Latest Funding Round
    $4 M (USD), Seed

    Aug 20, 2020

  • Investors
  • Employee Count
    23

    as on Dec 31, 2021

  • Acquired by
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Products & Services of MSUITE

MSUITE offers a comprehensive portfolio of products and services, including MSUITE BIM, MSUITE HANGERS, and MSUITE FAB.

Product name locked
Category locked
Primary

Automates BIM processes for mechanical, electrical, and plumbing designs.

Product name locked
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Improves productivity in hanging and layout for construction projects.

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Automates production and logistics in fabrication shops.

People of MSUITE

Headcount 10-50
Employee Profiles 9
Employee Profiles
People
Ryan Pegorick
Chief Software Architect
People
Austin Jess
Software Developer
People
Michael Schinn
Product Manager
People
Teague Mays
Implementation Manager

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Funding Insights of MSUITE

MSUITE has successfully raised a total of $4M through 1 strategic funding round. The most recent funding activity was a Seed round of $4 million completed in August 2020. 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 MSUITE

MSUITE has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Stanley Black & Decker, U.S. CAD and Stanley Ventures.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Strategic investments are made in innovative startups by Stanley Ventures.
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An Iowa-based investment firm focused on strategic venture capital.
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AEC technology solutions and consulting services are provided.
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Investor details for MSUITE

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Investments & Acquisitions by MSUITE

Investments
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Investment portfolio details for MSUITE

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Financial Statements - MSUITE

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Detailed financials for MSUITE

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Msuite Comparisons

MSUITE Primary company
Description
Cloud-based BIM software is provided for field construction ...
Location
Cedar Rapids, United States
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
23
As of 2021
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Peer comparison for MSUITE

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Competitors of MSUITE

MSUITE 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 Procore, Hover, Nemetschek Group, Viewpoint and Aconex, among others.

Company Name Domain Founded year HQ Location Description
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SaaS project management software is provided for construction professionals.
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Hover is recognized for providing construction and renovation software solutions.
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Provider of management solutions for the construction sector
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SaaS-based project management solutions are delivered for construction.
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Cloud-based project management software is delivered for construction projects.
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SaaS project management software for homebuilders is offered.
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Detailed competitors of MSUITE

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Latest news on Msuite

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Complete news archive for MSUITE

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Frequently Asked Questions about MSUITE

MSUITE was founded in 2015 and raised its 1st funding round 5 years after it was founded.

MSUITE is headquartered in Cedar Rapids, United States. It is registered at Cedar Rapids, Iowa, United States.

MSUITE is a funded company, having raised a total of $4M across 1 funding round to date.

As of Dec 31, 2021, the latest employee count at MSUITE is 23.

MSUITE was founded in 2015 and is headquartered in Cedar Rapids, United States. Operations center on the construction technology sector, where cloud-based building information modeling software is developed for field professionals. Key services encompass automated fabrication, sheet creation, hanger placement, point layout, shop drawings, spool detailing, and point location communication. Integration with various software platforms and shop equipment is also facilitated.

MSUITE's top competitors include Procore, Hover and Nemetschek Group.

MSUITE offers MSUITE BIM, MSUITE HANGERS, and MSUITE FAB.

MSUITE has 4 investors. Key investors include Stanley Black & Decker, U.S. CAD, Stanley Ventures, and Next Level Ventures.

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