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29th March 2021 - 0 comments

AI company nPlan secures $18.5 million investment from GV

nPlan, a company that uses machine learning to forecast the duration, risks and opportunities of construction projects, has secured an $18.5 million investment round, led by GV (formerly Google Ventures). The company’s proprietary AI algorithms have analysed nearly $1 trillion worth of global construction projects and deploys this learning to spot delays and recommend improvements with an accuracy and scale previously not possible. In doing so, nPlan’s data-led insights effectively reduce the volatility of and increase investor confidence in construction projects.

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