Construction technology startup Mastt has raised USD9.5 million less than 12 months after its seed round, as it aims to almost double its headcount and continue expansion abroad.
The round was led by VC firm OIF Ventures, with participation from Assignar co-founder and CEO Sean McCreanor, Assignar Chief Revenue Officer Chris Peterson and Mastt’s own chief technology officer David Jablonski.
Existing investors Artesian, Significant Early Venture Capital, Investible and Gravel Road Ventures, the venture fund of Aconex co-founders Rob Phillpot and Leigh Jasper, also contributed to the heavily oversubscribed round.
Mastt’s platform provides capital asset owners with transparency and real-time analysis across their portfolio and individual projects, enabling immediate decisions to prevent cost and time blowouts.
