Announcement
Provision Announces $7M Seed Round Led by Cercano Management
January 14, 2025
Provision Raises $7M Seed Round and Launches Scope Agent
We're thrilled to announce that Provision has raised a $7M seed round led by Cercano Management. This funding will accelerate our mission to give every construction team access to AI-powered pre-construction intelligence.
What This Means
This investment enables us to:
- Launch Scope Agent — our newest product that generates trade-specific scope packages from project documents and catches gaps before they become change orders
- Expand our engineering team to build faster and ship more features
- Deepen our construction AI capabilities across document analysis, risk identification, and scope management
- Grow our customer success team to better support the construction companies relying on Provision
Scope Agent
Scope Agent is purpose-built to standardize how scopes of work are defined, coordinated, and defended across every project. It automatically extracts scope requirements from drawings and specifications, identifies gaps between trades, and generates coordinated scope packages — all with source citations back to the original documents.
Thank You
To our customers, partners, and investors — thank you for believing in our vision. Construction is the backbone of society, and we're committed to building the tools that make every project more profitable and every team more capable.
Book a Demo to see Provision in action.