Investments

H2Corporation Raises Pre-Series A Extension to Push AI Estimation Deeper into Construction

H2Corporation, the company behind the construction-focused automated estimation platform AI Estimation, has completed a Pre-Series A extension round. The round was led by NEA, a global venture capital firm managing approximately 28 billion dollars in assets. Existing investors Spiral Capital, JAFCO, MetaProp, One Capital, and Boost Capital also participated. The funding amount has not been disclosed. At the center of H2Corporation’s business is the AISekisan Platform, also known as AISP. It serves as a system of record for estimation and order management in the construction industry. The platform has been built in collaboration with major building material and component manufacturers, distributors, general contractors, and specialized construction companies. According to the company, AISP allows customers to process hundreds of thousands of estimates efficiently and at lower cost, moving away from legacy…