Field Materials, a Palo Alto-based startup that uses AI for construction procurement, raised a $4.65M Seed round.

 

Field Materials, a Palo Alto-based startup that uses AI for construction procurement, raised a $4.65M Seed round.   The company caters to general contractors and specialty subs that buy large material quantities. The round was led by Blumberg Capital with participation from s16vc, Zacua Ventures, and Class 5 Global. The company automates reminders and other processes based on digitized delivery slips and invoices. Field Materials was founded by former Paypal director Eldar Sadikov and Remedly founder Victor Gane.