SAN FRANCISCO, CA, Ediphi, the most advanced cloud-based estimating solution on the market, today announced it has secured $6.5 million in seed funding.
Ediphi is the only truly cloud-based platform that accels at conceptual and detailed cost estimating, with procurement centralized in a single location. The funding comes from Suffolk Technologies, a venture capital platform funding the next generation of companies solving built environment challenges. Suffolk Technologies is the venture capital affiliate of Suffolk, one of the nation's largest and most innovative builders and Ediphi's first customer. The funds will be used to further develop the platform, scale the business, and recruit additional staff.
Ediphi is the most advanced cloud-based estimating software on the market. Contractors use our platform to streamline preconstruction and empower better decision making, ensuring they consistently guide clients to the right target value design. Ediphi leverages cloud infrastructure to ensure data accessibility across your workflows-from estimating to procurement and risk management, allowing Contractors to reduce non-recoverable preconstruction costs and decrease the time it takes to move from ideation to breaking ground, all while better serving their end customers.
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