Parspec helps sellers close deals faster by automating the quoting and submittal process for construction products.
Location: United States
Total raised: $31.5M
Investors 3
Funding Rounds 2
| Date | Series | Amount | Investors |
| 08.07.2025 | Series A | $20M | Innovation... |
| 28.02.2024 | Seed | $11.5M | Innovation... |
Mentions in press and media 5
| Date | Title | Description |
| 08.07.2025 | Parspec Raises $20M in Series A Funding | Dr Forest Flager, CEO & Co-Founder Parspec, a San Mateo, CA-based AI-native software platform that enables wholesale distributors and sales agents to bid and supply construction products, raised $20m in Series A funding. The round was l... |
| 28.02.2024 | Parspec: $11.5 Million In Seed Funding Raised In Round Led By Innovation Endeavors | Parspec – an AI-powered software platform that streamlines the selection and sale of construction products – announced its oversubscribed $11.5 million seed round. Innovation Endeavors led the investment, with participation from Building Ve... |
| 27.02.2024 | Parspec Grabs $11.5M Seed Round | PALO ALTO, CA, Parspec, an AI-powered software platform that streamlines the selection and sale of construction products, today announced its oversubscribed $11.5 million seed round. >> Click here for more funding data on Parspec ... |
| 27.02.2024 | Parspec Raises $11.5M in Seed Funding | Parspec, a San Mateo, CA-based provider of a AI-powered software platform that streamlines the selection and sale of construction products, raised $11.5M in Seed funding. The round was led by Innovation Endeavors with participation from Bui... |
| - | Parspec | “Empower your organization with AI-powered solutions from Parspec. Bid more jobs, increase revenue, and improve profitability in today's dynamic market. ” |