Quartz raises $7.75m to expand real-time site sensing platform for construction
Quartz Systems, a construction technology company leveraging advanced perception systems to understand everything on a construction site, today announced $7.75 million in pre-seed and seed funding. Baseline Ventures led the round, with Felicis Ventures, Lemnos, and Bloomberg Beta also participating.
Quartz is an integrated hardware and software platform that uses cameras and machine learning to provide construction teams with actionable insights to be safer and more productive. Quartz’s initial product offering utilizes an advanced crane camera system and a robust reporting dashboard to provide real-time, 360-degree visibility into everything that happens on a construction site.
Using a wireless, multi-camera setup, Quartz streams 4K live feeds anywhere in the world, with high resolution, low latency video. Project managers and superintendents are able to see both live and historical data remotely, without ever having to step foot on site or in an office and can monitor security from afar, with night vision, motion detection, and alerts.
Rugged hardware paired with image recognition and software analytics power Quartz’s customer dashboard, providing specific daily insights into project progress. In addition to live and historical view, Quartz users can see construction delivery and crane utilization metrics, enabling project managers to better react, plan, and deliver on time and on budget. Features in development include tools to understand and improve site safety and concrete cycle productivity. Quartz is seeking partners to develop and deploy these features on sites across the United States.
Additionally, Quartz will be offering COVID-19 specific services to assist with compliance for remote project management and social distancing on sites. “Construction is a cornerstone of our economy, and Quartz is committed to helping get workers back to the job site safely,” said Jeremy Conrad, CEO and Co-founder of Quartz. “The next year poses unique challenges for the construction industry and this funding will help us help our customers with timely, accurate, and actionable information about their project.”
Quartz is installed on jobs worth over $3.3 billion, covering over 6.9 million square feet. Quartz will utilize this round of funding to further develop their solutions for construction professionals.
Quartz makes construction safer and more productive for everyone. Founded in 2018, Quartz is headquartered in San Francisco.
