NYC-based GreenLite, which aims to standardize the construction permitting process across multiple jurisdictions, raised a $28.5M Series A led by Craft Ventures (@kyle_l_wiggers / TechCrunch) https://t.co/Lu42Crr9VN 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/Q7VoQAcByF
🎉 Congratulations @Greenlitetech on closing your $28.5M Series A round this week, led by @Craft Ventures and with participation from @53Stations, Trust Ventures and @LiveOakVP! 🍾📈 We @ChicagoVentures can't wait to see what's next for @Greenlite! https://t.co/l9bJ68tSnY
Construction permitting software company GreenLite has closed on a Series A round of funding of $28.5 million. https://t.co/8JKfjemwsA
GreenLite, a company founded by an ex-Gopuff executive, has raised $28.5 million in a Series A funding round. The NYC-based firm aims to automate and standardize the construction permitting process across multiple jurisdictions. The funding round was led by Craft Ventures, with participation from 53 Stations, Trust Ventures, and LiveOak Venture Partners. GreenLite's technology promises to streamline the permitting process, reducing the time and effort required for applications and ensuring more predictable timelines. The news was reported by TechCrunch, and ChicagoVentures expressed excitement about the company's future.