TraceAir is an innovative technology company specializing in construction site management solutions using cutting-edge drone technology to streamline processes for land developers and homebuilders. Established in 2015 by Maria Khokhlova, Dmitry Korolev, Alexander Solovyev, and Nikita Ushakov, TraceAir is headquartered in Redwood City, California. The company has significantly impacted the construction industry by providing state-of-the-art software solutions that enhance project management efficiency. As of 2024, TraceAir has raised $25 million in Series B funding to further its development and market presence.
| Attribute | Information |
|---|---|
| Founding Date | 2015 |
| Headquarters | Redwood City, California, USA |
| Founders | Maria Khokhlova, Dmitry Korolev, Alexander Solovyev, Nikita Ushakov |
| Revenue | $33 million (2024) |
| Key Investors | XTX Ventures, Metropolis VC, Liquid 2 Ventures, GEM Capital |
| Industry | Construction Technology |
| Number of Employees | 25-100 |
Founded in 2015, TraceAir emerged from the collective vision of its founders—Maria Khokhlova, Dmitry Korolev, Alexander Solovyev, and Nikita Ushakov—to revolutionize the construction industry through technology. Initially, the company focused on leveraging drone technology to collect precise site data, enabling clients to manage construction projects more efficiently. The founders' backgrounds in technology and passion for construction positioned TraceAir uniquely in the industry. Early milestones included garnering attention through participation in the 500 Startups Batch 17 cohort, through which the company raised early-stage funding. Over time, TraceAir expanded its offerings to include a comprehensive suite of tools aimed at improving project accuracy, reducing timelines, and cutting costs for land developers and homebuilders.
TraceAir's business model revolves around providing construction management and site intelligence software powered by drone technology. The company is renowned for creating real-time 3D models of construction sites, which enable detailed analysis and reporting, helping clients make informed decisions rapidly. Some of TraceAir's major achievements include:
TraceAir currently operates as a leading construction technology firm specializing in site intelligence and management solutions. The company provides a robust platform that integrates drone technology with advanced software, facilitating efficient construction site data analytics. TraceAir holds significant market share within the construction tech industry, primarily serving homebuilders, land developers, and construction contractors across the United States. Its advantages include the ability to deliver precise, real-time data enabling fast and informed decision-making. TraceAir continues to foster innovation through strategic partnerships aimed at improving efficiency in the homebuilding and land development sectors.
TraceAir has firmly established itself as a pivotal player in the construction tech industry, leveraging drone technology and software solutions to transform conventional site management practices. Its focus on innovation and strategic growth has positioned the company for continued success. With the rapid adoption of new technologies and strategic collaborations, TraceAir is well-poised to maintain its momentum, driving efficiency and sustainability in construction while preparing to meet future industry demands.