Bobyard, a construction technology company using advanced AI and computer vision to modernize estimating workflows, announced a $35M Series A investment led by 8VC with additional participation from Pear VC, Primary Venture Partners, Tishman Speyer, RXR, and Caffeinated Capital. The funding reflects strong market adoption of Bobyard’s platform, originally launched for the highly complex landscaping trade. Contractors using Bobyard report an average 65% reduction in takeoff time, a 3-5x increase in bids submitted, and more consistent, accurate takeoffs that strengthen margins and win rates.
The progress is supported by a team building AI models capable of interpreting blueprints and solving some of the most challenging problems in computer vision, alongside operators focused on practical field impact. Contractors and industry advisors continue to shape product development through ongoing feedback and real-world insights.
The new capital enables further enhancement of Bobyard’s AI models and feature set in landscaping and supports expansion into additional trades, including drywall, electrical, HVAC, plumbing, and framing. The overarching goal is to make estimating faster, more accurate, and more accessible across the construction sector. “We're solving some of the hardest problems in computer vision by teaching machines to understand blueprints,” explained founder and CEO Michael Ding. “It's an opportunity to push the boundaries of AI in a field that directly shapes the built environment.”