PlanGrid (Autodesk) Raises $875 million Growth Round
PlanGrid (Autodesk) raised $875M in Growth Round financing led by Autodesk. AI construction document and field management. The new capital is framed around Integrate AI into Autodesk Construction Cloud platform.
What it does
AI construction document and field management. The business sits in Construction & Real Estate, where funded companies are using fresh capital to deepen product coverage, distribution, or operating capacity.
Traction
2M+ projects managed; field teams access 60% fewer RFIs with AI. Management framed the new capital around Integrate AI into Autodesk Construction Cloud platform.
Trend impact
AI construction documents replacing paper blueprints on job sites. The capital raise matters because it gives the company more room to compete for customers, talent, and mindshare while incumbents and adjacent startups respond with clearer product depth or distribution.
Funding history
- December 1, 2021 · Growth Round · $875 million · Autodesk
Products & services
- Construction & Real Estate workflow monitoring tied to the funding announcement
- Customer-facing product described on the company website
- Operational tooling for construction & real estate teams
- Data capture and reporting across core business processes
- Team expansion support funded by the latest round