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Charleston, South Carolina-based BuildVision, a commercial construction procurement platform, closed on a $10 million Series A round of funding led by Norwest Venture Partners with participation from existing investor Crosslink Capital.

Officials said this round brings the total funding raised to $13.8 million.

BuildVision, the officials said, will use this round to accelerate development of its cloud-native procurement platform with new product and engineering hires, drive greater artificial intelligence (AI)-powered automation, expand adoption among the top 100 ENR contractors and grow build supplier and OEM partnerships.

"Construction is one of the largest industries still plagued by inefficient, manual procurement. BuildVision is tackling this head-on with a digital-first platform that brings structure, transparency and automation to a historically fragmented process," said Sean Jacobsohn, partner at Norwest Venture Partners, who will join BuildVision's board.

Officials said BuildVision eliminates inefficiencies by connecting contractors directly with manufacturers and suppliers on a single, cloud-native platform.

"Construction procurement is broken. By revolutionizing how every component is sourced, purchased and financed, BuildVision is not just building software — we're creating a network that fundamentally changes how $300 billion in building systems are procured annually," said Mike Powers, CEO of BuildVision.

BuildVision centralizes procurement for strategic building systems — like chillers and switchgear — by bringing all stakeholders onto a single platform to source, purchase, and track equipment in real time.

As the platform expands, BuildVision is evolving into a full-service procurement hub, integrating financing, logistics, and supplier performance tracking to drive industry-wide standardization.

BuildVision was founded by industry veterans Powers, who brings experience from Turner Construction and BuildingConnected (acquired by AutoDesk), and CTO Christophe Prakash, a technical engineering leader at BuildingConnected.