Construxiv Technologies announced on June 18 that it has acquired Grit Virtual, a construction scheduling and management software that allows for detailed activity planning by general contractors and subcontractors. Terms of the deal were not disclosed.
Industry tech leaders say what sets Grit apart is its use of a graph-database platform instead of a relational database. And the innovative track record of Construxiv’s co-founders, Mark Klusza and David Little, as well as Klusza’s recent founding of another company using graph databases called graphMetrix, bode well for Grit’s future. The graphMetrix product is an AI-assisted, automatic document-management and data-extraction tool called Trinity, which is licensed by StratusVue and distributed through Sage’s Construction Project Center.