GreenLite

Assembly Line

GreenLite Raises $28.5M to Privatize Permitting for Developers and Regulatory Authorities

đź“… Date:

đź”– Topics: Funding Event

🏢 Organizations: GreenLite, Craft Ventures


GreenLite, a construction technology company making permitting faster and more predictable for builders, developers, and municipalities, announced its Series A raise of $28.5 million, led by Craft Ventures with participation from 53 Stations, Trust Ventures, and LiveOak Ventures. The new funding comes less than a year after GreenLite’s launch from stealth and will be used to enhance its technology platform and Private Plan Review offering, in addition to expanding into new markets and customer segments, and deepening its work with local government agencies.

GreenLite’s purpose-built technology and Private Plan Review service standardize and automate the entire permitting process - not just the permit application - across all jurisdictions, reducing the time and labor required for plan review by 75% per project. As the only software-first Private Provider in the market, this full-stack approach ensures that both developers and cities benefit from modern tools that facilitate faster, more organized, and more predictable construction permitting.

Read more at PR Newswire