BiltOn, a leading provider of construction operations and risk management software, has raised $15 million in a Series B funding round, coinciding with a rebranding from its previous name, Beti. The round was led by PSG Equity, with participation from Titan Capital and 97212 Ventures. As part of the investment, Jeff Wilpon, CEO of Sterling Project Development, joins BiltOn’s advisory board, bringing expertise from overseeing $10 billion worth of construction projects.
Founded in 2018, BiltOn has rapidly grown its platform to help owners and general contractors manage workforce, safety, and compliance throughout construction projects. The platform offers a suite of tools, including 3D facial recognition, automated time tracking, daily logs, safety checklists, and certification tracking, aimed at centralizing data and improving project oversight.
BiltOn currently supports over 1,200 construction companies on more than 3,000 active job sites globally, serving sectors such as civil, industrial, commercial, and healthcare. The company has expanded its workforce to over 70 employees, working with prominent clients like Consigli, Rudin, and SD Builders.
BiltOn’s proprietary risk scoring system provides contractors with real-time insights into workforce activity, permitting, and project safety, helping to mitigate risks and enhance project efficiency.
“We’re excited to continue supporting BiltOn’s growth as they expand their reach across the U.S. and bring essential solutions to the construction industry,” said Ronen Nir, Managing Director at PSG Equity.