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ConCntric Raises $10 Million in Series A to Transform Construction Project Intelligence

ConCntric, a cutting-edge platform redefining how construction projects are planned, managed, and executed, has raised $10 million in Series A funding. The round was led by 53 Stations and Argonautic Ventures, with participation from several strategic investors who share the company’s mission to revolutionize an industry long overdue for digital reinvention.

Founded by Steve Dell’Orto, a construction veteran with over two decades of experience, ConCntric is creating a unified digital ecosystem that bridges the gap between planning and execution, giving project stakeholders the real-time visibility and predictive insights they’ve been missing for decades.


Bringing Clarity to the Chaos of Construction

Few industries experience the kind of complexity that construction does  -  a web of contractors, architects, engineers, and clients all trying to stay aligned on changing timelines, budgets, and designs.

Despite the industry’s size (projected to exceed $15 trillion globally by 2030, according to Oxford Economics), construction productivity has lagged behind other sectors, often plagued by delays, cost overruns, and fragmented communication.

ConCntric is here to change that. Its platform centralizes data from design, cost estimation, scheduling, and procurement into a single intelligent interface.

 “Construction planning has traditionally been a siloed, manual process,” said Steve Dell’Orto, Founder and CEO. “Our goal is to create one source of truth that helps teams collaborate efficiently, anticipate risks, and make smarter decisions before a single brick is laid.”

By streamlining preconstruction workflows  -  the most critical yet underserved phase of the project lifecycle  -  ConCntric empowers developers and builders to forecast outcomes and mitigate risks early.


How ConCntric Works

At its core, ConCntric is a construction intelligence platform that integrates cost estimation, design models, scheduling tools, and performance analytics.

Its key features include:

This unified ecosystem eliminates the chaos of juggling multiple tools and spreadsheets, giving teams a bird’s-eye view of both present status and future outcomes.

In a sector where 70% of projects exceed deadlines and costs overrun by an average of 15%, ConCntric’s promise of efficiency is not just innovative  -  it’s transformative.


From Experience to Execution: The Founder’s Edge

Steve Dell’Orto isn’t just building software  -  he’s solving problems he lived firsthand. As a former construction executive, he’s seen how even well-planned projects derail due to miscommunication and outdated systems.

That real-world perspective is ConCntric’s advantage. The platform isn’t just about digitization; it’s about codifying industry expertise into scalable software.

And that’s what investors are betting on  -  the combination of practical experience with AI-driven insight, a pairing that’s set to redefine how construction decisions are made.


The Founder Insight Every Entrepreneur Should Know

One of the most powerful lessons in ConCntric’s story lies in its approach to product-market fit. Rather than chasing a shiny tech idea, Dell’Orto built a platform that directly solves a lived pain point  -  inefficiency in construction planning.

Founders can take a page from this strategy: deep industry empathy beats broad disruption.

The startups that thrive in complex sectors aren’t those shouting “AI” the loudest  -  they’re the ones embedding intelligence into workflows people already use, making innovation invisible but invaluable.

This mindset  -  where technology is not an overlay but an enabler  -  is why ConCntric has resonated with both investors and major contractors across the U.S.


Why the Timing Is Perfect

The construction industry is at a critical inflection point. With infrastructure spending soaring globally and sustainability standards rising, project owners are under pressure to deliver faster, cheaper, and greener.

Yet, most teams still rely on legacy tools and siloed spreadsheets for project planning. This lack of real-time collaboration creates bottlenecks that ripple through every stage of a build.

ConCntric’s solution arrives at the exact moment the market is demanding predictive project management  -  where every decision is backed by data, not intuition.

By digitizing preconstruction and using machine learning to continuously improve outcomes, ConCntric is positioning itself as the central nervous system for the modern construction firm.


Industry Outlook: A Trillion-Dollar Opportunity

According to McKinsey & Company, digital transformation in construction could unlock over $1.6 trillion in annual global productivity. Despite that potential, only less than 1% of total industry revenue is spent on IT, one of the lowest rates of any major sector.

Key trends driving adoption include:

Platforms like ConCntric, which blend planning, intelligence, and collaboration, are perfectly positioned to capture this momentum.


The Road Ahead for ConCntric

With its new funding, ConCntric plans to:

“We’re building the connective tissue of the construction industry,” said Dell’Orto. “Our mission is to give every stakeholder a complete picture  -  so projects run on time, on budget, and on data.”

By focusing on intelligence before construction begins, ConCntric is laying the foundation for an industry-wide shift  -  one where the smartest builds start long before the first foundation is poured.


The Bigger Picture: Intelligent Construction Is Inevitable

What’s happening in construction mirrors a broader shift across traditional industries  -  from manual coordination to machine-assisted clarity.

The companies that lead this transformation won’t just build better tools; they’ll build better decisions. ConCntric is leading that charge  -  turning one of the world’s oldest industries into one of its most data-driven.

In an era where every project dollar counts, ConCntric is giving construction intelligence a name, a platform, and a future.


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