About Provision
Provision is a company based in Toronto (Canada) founded in 2021 by Luigi La Corte and Osvald Nitski. It operates as a AI-as-a-Service. Provision has raised $125 thousand across 1 funding round from investors including Y Combinator. Provision offers products and services including Project Review, Chat Agent, and Custom Checklists. Provision operates in a competitive market with competitors including Photoruction, Swapp, StructionSite, Gryps and iBinder, among others.
- Headquarter Toronto, Canada
- Founders Luigi La Corte, Osvald Nitski
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Sectors
Real Estate & Construction
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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
$125 K (USD)
in 1 rounds
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Latest Funding Round
$125 K (USD), Seed
Jul 01, 2022
- Investors
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Employee Count
Not available
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Products & Services of Provision
Provision offers a comprehensive portfolio of products and services, including Project Review, Chat Agent, and Custom Checklists.
Risks in contracts and drawings are identified efficiently.
Complex construction project questions are answered with accuracy.
Project evaluation criteria are built for informed decisions.
People of Provision
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Funding Insights of Provision
Provision has successfully raised a total of $125K through 1 strategic funding round. The most recent funding activity was a Seed round of $125 thousand completed in July 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.
Investors in Provision
Provision has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Y Combinator.
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Investor details for Provision
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Investments & Acquisitions by Provision
Investment portfolio details for Provision
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Financial Statements - Provision
Detailed financials for Provision
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Provision Comparisons
Peer comparison for Provision
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Competitors of Provision
Provision 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 Photoruction, Swapp, StructionSite, Gryps and iBinder, among others.
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End-to-end documentation solutions are provided for the construction industry.
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Packaging vending machines for retail refill stations are manufactured.
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SaaS platform for construction site photo documentation is provided.
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Gryps is recognized as a fully managed AI platform for construction and facilities data management.
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A document management platform is offered for construction professionals.
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A management system for architects and engineers is provided.
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Detailed competitors of Provision
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Latest news on Provision
Complete news archive for Provision
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Frequently Asked Questions about Provision
Provision was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Provision is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Luigi La Corte is the current CEO of Provision. They have also founded this company.
Provision is a funded company, having raised a total of $125K across 1 funding round to date.
AI solutions are developed by Provision to support pre-construction teams in the construction industry. Tools are designed to enhance efficiency, reduce errors, and increase profitability. Services include project review, chat agents for complex queries, and custom checklists for project evaluation. Focus is placed on risk identification and management across contracts and project documents. The technology is utilized by general contractors, subcontractors, and legal teams to streamline processes and improve bid outcomes.
Provision's top competitors include Photoruction, StructionSite and Gryps.
Provision offers Project Review, Chat Agent, and Custom Checklists.
Provision has 1 investor. Key investors include Y Combinator.