A platform for assessing contractor risk factors has booked a fresh investment of $96 million, part of which will be used to add a stand-alone sustainability product to its existing risk-management services.
Founded in 2008 as a spinoff from a risk-reducing software tool developed by Harvard University to manage its billions in construction projects, ConstructSecure claims it has a large core of users. They include elite construction management firms, such as Skanska, and specialty contracting companies, such as Rosendin Electric.