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SalamTechs
العربيةBusiness services

Versatile captures operational data from construction cranes and turns it into site-performance insights.

Introduce me to Versatile
Versatile website sharing image

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Founders & company facts

Sources reviewed:

Reported cumulative funding

$108,530,000 · Source

This index includes companies with publicly reported total funding up to US$150 million. This is a reported total, not valuation, the latest round size or confirmation of an open round. Funding reviewed: .

Documented founding team

Founded
2016Source
Reported Israeli location
Tel Aviv-YafoSource
Team range in directory
201-500Source
Reported business model
B2BSource

Selected disclosed financing

Selected transactions, with dates, funding types and reported participants.

  1. Sept 2021$80MSeries B
    Named participants

    Insight Partners · Rob Phillpot · Entrée Capital · Conductive Ventures · Tiger Global Management · Robert Bosch Venture Capital

    Source
  2. Dec 2020$20MSeries A
    Named participants

    Insight Partners · Robert Bosch Venture Capital · Root Ventures · Rob Phillpot · Conductive Ventures · Entrée Capital

    Source

Company overview

Product & customers

Versatile captures operational data from construction cranes and turns it into site-performance insights. Its approach observes lifting activity to help teams understand pace, progress and coordination without relying entirely on manual reporting from each crew.

Commercial potential · editorial analysis

Crane activity connects many trades and can expose bottlenecks in site logistics. The potential is a data source embedded in routine work, useful to contractors seeking better planning and resource utilisation across repetitive construction processes.

What to validate

Assess installation effort, measurement reliability and whether insights change daily decisions. Review hardware servicing, project-to-project renewals and the economics of deployments on sites with different crane usage and construction methods.

Explore the company website

Product source reviewed on . Company source