Mumbai’s SitePace Secures Funding to Advance Its AI-Powered Construction Monitoring Platform
SitePace, a Mumbai-based startup aiming to revolutionize construction monitoring with artificial intelligence, has secured an undisclosed amount in seed funding. The round was led by SucSEED Innovation Fund, along with support from several notable angel investors. The capital will be used to enhance the company’s AI-powered platform, expand its footprint across India, and deepen engagement with key stakeholders such as developers, project management consultants (PMCs), and institutional investors.
What Does SitePace.ai Do?
SitePace uses AI and 360-degree camera technology to help construction teams monitor sites more efficiently. Helmet-mounted cameras capture full views of the site, and AI processes the footage to create time-stamped virtual walkthroughs. This allows project managers, architects, and developers to check progress remotely, without needing to visit the site in person. The platform also generates automatic progress reports, saving time and improving productivity.
Why Is It Important?
Construction projects often suffer from poor communication, missed inspections, and documentation issues. SitePace solves these problems by providing a clear, digital view of the site in real time. This helps reduce delays, safety risks, and costly rework. It also gives all stakeholders reliable, data-based insights for better decision-making.
Market Potential
SitePace has already started its commercial rollout and is in talks with leading developers in Tier 1 and Tier 2 cities across India. It also has plans for international expansion. The recent funding will support customer growth, product improvements, and market strategy.
Impact on the Industry
India’s construction industry is growing fast but struggles with project oversight. SitePace offers a digital solution that saves time and money by helping teams catch and solve problems early. Its real-time tracking and visual records also help avoid disputes and build trust among developers, investors, and other stakeholders.
The Founder’s Vision
SitePace was founded by Yash Shah, an IIT Bombay graduate with over a decade of experience managing large infrastructure projects. His goal is to modernize construction management with smart technology. Backed by investors and successful pilots, SitePace is ready to lead the shift toward smarter, AI-powered construction.
Conclusion
With its innovative technology and new funding, SitePace.ai is well on its way to becoming a game-changer in construction monitoring. Its platform brings clarity, speed, and accuracy to projects—setting a new standard for how construction is managed.
