AI-driven scheduling and contractor management visualized over an active construction site.
Denver, Colorado, August 20, 2025
Assignar, a cloud-based construction operations platform, secured a $20 million Series B to accelerate North American expansion, double headcount and develop AI/ML-driven features. The funding will support hiring across product, engineering, sales and customer success, boost research and development, and deliver new capabilities including a contractor hub and a schedule recommendation engine that uses data and machine learning. Targeting subcontractors and self-perform general contractors in heavy civil and infrastructure sectors, Assignar aims to improve resource-loaded scheduling, field data capture and real-time visibility across projects while scaling responsibly with the new capital.
Assignar, a cloud-based construction operations platform, announced a $20 million Series B funding round aimed at expanding its business in North America, doubling staff and building new AI/ML-driven product features. The round was led by an institutional real-estate technology investor, with follow-on backing from an existing investor and a new venture backer. As part of the deal, a partner from the lead investor joined Assignar’s board. The public announcement was issued on May 19, 2021.
The Series B increases Assignar’s total funding to $31 million since the company was founded in 2014. Assignar plans to direct the new capital to three main areas: hiring across all departments to grow its North American team, accelerating research and development, and adding new product capabilities such as a contractor hub and a schedule recommendation engine that will use data, artificial intelligence and machine learning to support planning and execution.
At the time of the announcement Assignar had a 65-person team and intended to double that headcount. The company said North America accounts for roughly 25% of current revenue and is a core growth target. New hires are expected across product, engineering, sales and customer success functions to support both expansion and deeper product work.
The round was led by a Los Angeles-based investor focused on proptech and real estate technology. An existing backer participated again and a venture firm made a new investment. A partner from the lead investor joined Assignar’s board to help oversee the company’s next stage of growth.
Assignar provides a platform for heavy civil and infrastructure contractors and subcontractors to manage crews, equipment and field operations. Core capabilities include resource-loaded scheduling, field data capture, timesheets and tools to measure productivity and progress on projects. The platform aims to give a real-time snapshot of granular field activity, streamline communications between office and field, reduce paperwork and speed decision making for projects that range from local jobs to multibillion-dollar infrastructure programs.
Assignar focuses on subcontractors and self-perform general contractors working in sectors such as infrastructure, road, rail, heavy civil and utilities. Customers include specialist contractors with a handful of crews and large multinational firms working on major public and private infrastructure projects. Practical benefits cited include faster timesheet reporting and consolidated project monitoring across dozens of active jobs.
The company reports rapid historical growth, noting it has historically more than doubled revenue year over year since founding and posted about 75% revenue growth in 2020. Company leadership has said growth was moderated at times to manage cash flow, and the new funding is intended to accelerate expansion without sacrificing financial discipline.
The fundraise was framed against a backdrop of anticipated infrastructure spending, signaling demand for tools that can help manage large public works programs efficiently. Assignar positions its platform as a way to increase visibility from owners down to subcontractors, which can be critical when many large contractors rely heavily on subcontracted work.
Assignar was founded in 2014 by two construction industry entrepreneurs. The business began in Australia and relocated its primary base to Denver, Colorado in 2017. The company maintains offices in Denver and Sydney and supports hundreds of international customers across the United States, Australia, New Zealand and Canada.
A large earthworks contractor in Colorado reported measurable savings on timesheet reporting and said the platform helped condense information across roughly 15–20 active projects for easier monitoring and decision making.
Additional product information and demos are available on the company’s website.
Assignar announced a $20 million Series B funding round to support hiring, North American growth and new AI-driven product features.
The round was led by a real-estate technology investor, with participation from an existing investor and a new venture investor. A partner from the lead investor joined Assignar’s board.
The funds will be used to grow the team, invest in research and development, build a contractor hub, and create a schedule recommendation engine using data and machine learning.
The platform helps schedule and track crews and equipment, capture field data, manage timesheets, and measure productivity and progress to give a near real-time view of field operations.
Customers range from small specialist contractors with a few crews to large multinational firms working on major infrastructure, road, rail and utilities projects across multiple countries.
The company was founded in Australia and relocated its base to Denver, Colorado in 2017. It also maintains an office in Sydney.
After the Series B round, Assignar’s total funding reached $31 million since its founding.
Feature | What it does | Who benefits |
---|---|---|
Resource-loaded scheduling | Plans crews and equipment against tasks and timelines | Schedulers, foremen, project managers |
Field data capture | Collects onsite information for reporting and quality control | Safety teams, QA, site supervisors |
Timesheets | Digital labor tracking to speed payroll and reporting | Payroll leads, HR, accounting |
Real-time field snapshot | Visibility into granular field activities across projects | Owners, GC’s, subcontractors |
AI/ML schedule recommendations | Suggests optimal crew and equipment assignments based on data | Planners and operations teams |
Contractor hub | Central place to manage subcontractor info and workflows | Contract administrators and procurement |
Santa Monica, Calif., August 20, 2025 News Summary JLL Capital Markets arranged a $28.5 million construction…
Minden, August 20, 2025 News Summary The Minden school board reviewed a proposal to build a…
Florida, August 20, 2025 News Summary RBI Private Lending issued a correction clarifying its placement in…
, August 20, 2025 News Summary Construction has started on a 14‑unit for‑sale townhome development at…
Wrexham, Wales, August 20, 2025 News Summary An engineering and architecture team led by Ramboll has…
Muscat, Oman, August 20, 2025 News Summary Researchers and companies are advancing ultrasonic sea-sand desalination, a…