About Paces
Paces is a company based in Brooklyn (United States) founded in 2022 by James Mcwalter and Charles Bai. Paces has raised $12.9 million across 2 funding rounds from investors including Sky Foundation, Navitas Capital and Suffolk. Paces offers products and services including Market Suitability Tool, Site Selection and Ranking, and Development Support. Paces operates in a competitive market with competitors including Procore, Hover, Nemetschek Group, Viewpoint and Aconex, among others.
- Headquarter Brooklyn, United States
- Founders James Mcwalter, Charles Bai
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Sectors
Real Estate & ConstructionEnergy & Utilities
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$12.9 M (USD)
in 2 rounds
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Latest Funding Round
$11 M (USD), Series A
Jul 30, 2024
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Investors
Sky Foundation
& 14 more
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Employee Count
Not available
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Products & Services of Paces
Paces offers a comprehensive portfolio of products and services, including Market Suitability Tool, Site Selection and Ranking, and Development Support.
Identifies best markets for renewable energy strategies and site potential.
Assesses and ranks sites for development risks and suitability.
Provides customized data verification for faster project decisions.
People of Paces
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Software Development Team
4 people
Product Management Team
1 people
Co Team
1 people
Engineer Team
1 people
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Funding Insights of Paces
Paces has successfully raised a total of $12.9M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $11 million completed in July 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.
Investors in Paces
Paces has secured backing from 15 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Sky Foundation, Navitas Capital and Suffolk.
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Investments in technology sectors are managed by Navitas Capital.
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Construction and real estate startups are invested in by Suffolk.
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Early-stage venture capital funding is provided to founders.
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Investor details for Paces
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Investments & Acquisitions by Paces
Investment portfolio details for Paces
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Financial Statements - Paces
Detailed financials for Paces
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Paces Comparisons
Peer comparison for Paces
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Competitors of Paces
Paces 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.
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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 Paces
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Latest news on Paces
Complete news archive for Paces
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Frequently Asked Questions about Paces
Paces was founded in 2022.
Paces is headquartered in Brooklyn, United States. It is registered at Brooklyn, New York, United States.
James Mcwalter is the current CEO of Paces. They have also founded this company.
Paces is a funded company, having raised a total of $12.9M across 2 funding rounds to date.
Founded in 2022 and based in Brooklyn, United States, Paces operates as a platform in the renewable energy sector. Sites are assessed for project development through integrated modeling and data points. Decisions by developers are supported in renewable initiatives. Analytical solutions are provided to streamline evaluations and planning processes across potential locations.
Paces's top competitors include Procore, Hover and Nemetschek Group.
Paces offers Market Suitability Tool, Site Selection and Ranking, and Development Support.
Paces has 15 investors. Key investors include Sky Foundation, Navitas Capital, Suffolk, MCJ Collective, and Resolute Ventures.