About Northspyre
Northspyre is a company based in Brooklyn (United States) founded in 2017 by William Sankey.. Northspyre has raised $34.42 million across 2 funding rounds from investors including CRV, Craft Ventures and Tamarisc. Northspyre offers products and services including Northspyre Platform, Project Planning, Vendor Procurement, Vendor Management, and Portfolio Analytics. Northspyre operates in a competitive market with competitors including Powerplay, PlanGrid, Fieldwire, Hyphen Solutions and Hubble, among others.
- Headquarter Brooklyn, United States
- Founders William Sankey
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Sectors
Real Estate & ConstructionTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$34.42 M (USD)
in 2 rounds
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Latest Funding Round
$25.05 M (USD), Series B
Feb 11, 2022
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Investors
CRV
& 3 more
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Employee Count
Employee Count
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Products & Services of Northspyre
Northspyre offers a comprehensive portfolio of products and services, including Northspyre Platform, Project Planning, Vendor Procurement, Vendor Management, and Portfolio Analytics. 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.
Unified tool for real estate project planning and data unification.
Evaluates scenarios using historical data for real estate budgets.
Secures contracts and manages risks in real estate projects.
Monitors compliance and change orders for development teams.
Provides insights into cash flow and performance benchmarks.
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Funding Insights of Northspyre
Northspyre has successfully raised a total of $34.42M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $25.05 million completed in February 2022. 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 B — $25.0M
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First Round
First Round
(15 May 2020)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2022 | Amount | Series B - Northspyre | Valuation | CRV | |
| May, 2020 | Amount | Series A - Northspyre | Valuation | Craft Ventures |
| 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 Northspyre
Northspyre has secured backing from 4 investors, including venture fund and angel investors. Prominent investors backing the company include CRV, Craft Ventures and Tamarisc. 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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CRV is recognized as a venture capital firm investing in technology startups.
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Founded Year | Domain | Location | |
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Venture capital fund focused on SaaS and consumer sectors
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Founded Year | Domain | Location | |
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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 Northspyre
| 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 - Northspyre
| 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 |
Northspyre Comparisons
Competitors of Northspyre
Northspyre 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 Powerplay, PlanGrid, Fieldwire, Hyphen Solutions and Hubble, 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 software for construction professionals' communication and collaboration is provided.
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| domain | founded_year | HQ Location |
Provider of collaboration on web and mobile for field construction
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| domain | founded_year | HQ Location |
A cloud-based collaboration platform is offered for construction project teams.
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| domain | founded_year | HQ Location |
Collaboration and scheduling software is provided for home construction.
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| domain | founded_year | HQ Location |
Hubble is recognized as a cloud-based contract management service.
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| domain | founded_year | HQ Location |
Cloud-based project management software is delivered for construction projects.
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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 Northspyre
Frequently Asked Questions about Northspyre
When was Northspyre founded?
Northspyre was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Where is Northspyre located?
Northspyre is headquartered in Brooklyn, United States. It is registered at Brooklyn, New York, United States.
Who is the current CEO of Northspyre?
William Sankey is the current CEO of Northspyre. They have also founded this company.
Is Northspyre a funded company?
Northspyre is a funded company, having raised a total of $34.42M across 2 funding rounds to date. The company's 1st funding round was a Series A of $9.37M, raised on May 15, 2020.
What does Northspyre do?
Northspyre was founded in 2017 and is headquartered in Brooklyn, United States. Cloud-based software is offered to support real estate and construction projects through automated workflows, real-time data analytics, identification of cost-saving opportunities, data-driven insights, and monitoring of project metrics. Services are utilized by clients including Madison Marquette, Roadside, Denham Wolf, and Columbia Ventures.
Who are the top competitors of Northspyre?
Northspyre's top competitors include XYZ Reality, PlanGrid and Buildots.
What products or services does Northspyre offer?
Northspyre offers Northspyre Platform, Project Planning, Vendor Procurement, Vendor Management, and Portfolio Analytics.
Who are Northspyre's investors?
Northspyre has 4 investors. Key investors include CRV, Craft Ventures, Tamarisc, and Des Traynor.