Buildots, a startup that uses AI to track construction progress and flag potential delays, has raised $130 million in a round reportedly valuing it at nearly $1 billion.
Israeli billionaire Eyal Ofer's O.G. Venture Partners led the round, with participation from Lightspeed Venture Partners, Intel Capital, Mohari Ventures, Human Capital, Qumra Capital, Avigdor Willenz, Viola Growth, and Poalim Equity, Buildots said Monday.
The Israeli-U.S. startup did not disclose its valuation in the announcement, but co-founder and CEO Roy Danon told Bloomberg that it is approaching $1 billion following the round. CTech also reported a valuation near $1 billion, up from around $300 million when Buildots raised $45 million in May 2025.
The new round brings Buildots' total funding to date to $297 million.
Tracking construction with AI
Founded in 2018, Buildots uses a 360-degree camera on a site manager's helmet to record construction work. Its AI systems compare the footage with project plans and schedules to see what is done, spot delays, and suggest how to catch up.
Buildots said its AI systems use eight years of construction-site data and can track hundreds of types of work.
The firm said demand is growing as more AI data centers are built, increasing the need for tools that can help keep large projects on schedule.
Buildots said its revenue has been tripling annually for several years, but did not disclose a revenue figure.
"Buildots is now used across residential, commercial and - of course - mission-critical projects worldwide, on jobs of every size, from single sites to entire portfolios," Danon said. "The blind spot we solve for a data center is the same one that's been costing a school or a hospital for decades, just at much greater scale, which is why the world is finally paying attention. The AI era will be built on schedule."
More than 100 major firms use its platform, Buildots said. Customers include chipmaker Intel, data center operator Digital Realty and construction groups STO Building Group, JE Dunn, Mortenson, Bouygues and HOCHTIEF.
Expansion plans
Buildots plans to reach more large construction customers in North America, Europe, the Middle East and Africa. It also plans to cover more stages of a project, from bidding through completion and handover.
The firm is developing additional tools that let executives compare performance and spot risks across all their projects.
Buildots now employs more than 400 people, including 260 in Israel and around 100 in the U.S., according to CTech.