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Parspec is a technology company serving sales agents and distributors in the construction industry, starting with lighting and electrical products. Our mission is to enable our customers to discover and source the best available products and materials for their unique project requirements. Founded in 2021 and headquartered in San Mateo, California, Parspec’s AI-powered platform supports product selection, quoting, and submittal workflows. The company is backed by leading deep tech and construction technology venture investors.
Investor insights
Funding rounds participated in
$12M sweet spot round size
Investor type
Privately Held
Basic info
Industry
Software Development
Sectors
Software Development
Date founded
2020
Funding rounds raised
Total raised
$12M
from 2 investors over 1 rounds
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Parspec raised $12M on March 27, 2024
Investors: Innovation Endeavors and + 2 Other investors