Buildpeer, a construction management and collaboration platform secured $2.5 million in seed funding Dec. 18, led by Brick & Mortar Ventures. The Monterey, Mexico-based startup, which says it has over 5,000 users across 900 job sites in Latin America, plans to consolidate further growth in Mexico and to expand to more countries. Conexo Ventures and Inception LLC also contributed to the funding round.
While startups in Latin America such as Construex, Licify and Tul focus on marketplaces and streamlining procurement and payments within a region's construction supply chain, Buildpeer has instead focused on communication.
