Founded in 2021, Parspec is revolutionizing the materials supply chain for the $13 trillion USD construction industry by digitizing and organizing the industry’s product data. Our proprietary AI technology maintains a current and comprehensive catalogue of millions of products, enabling our customers to identify products that best meet their needs, instantly. Trusted by top designers, builders, distributors, manufacturers, and sales agents, and backed by leading venture investors, Parspec is paving the way for a more innovative, connected, and sustainable future in construction.
Parspec has raised over $31M in VC financing from leading deep tech and construction industry investors, including Innovation Endeavors (founded by former Google CEO Eric Schmidt). The company is helmed by technologists and construction supply chain veterans with a common passion to digitally transform our industry.