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Parspec

Parspec is a B2B SaaS startup founded in 2021, headquartered in San Mateo, CA. It delivers an AI-powered procurement platform that streamlines quoting, spec matching, and submittal creation for construction material distributors and contractors.

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Contents

parspec.io
Is a
Organization
Organization
Company
Company

Company attributes

Industry
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Procurement software
Software as a service (SaaS)
Software as a service (SaaS)
Computer Vision
Computer Vision
Construction technology
Construction technology
Artificial Intelligence (AI)
Artificial Intelligence (AI)
Natural language processing (NLP)
Natural language processing (NLP)
Location
San Mateo, California
San Mateo, California
B2X
B2B
B2B
CEO
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Forest Flager
Founder
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Pratyush Havelia
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Forest Flager
Number of Employees (Ranges)
11 – 50
Email Address
support@parspec.io
Investors
Innovation Endeavors
Innovation Endeavors
Hometeam Ventures
Hometeam Ventures
Heartland Ventures
Heartland Ventures
Building Ventures
Building Ventures
Threshold Ventures
Threshold Ventures
Founded Date
2022
Total Funding Amount (USD)
20,000,000
Latest Funding Round Date
July 8, 2025
CTO
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Pratyush Havelia
Latest Funding Type
Series A
Series A

Other attributes

Latest Funding Round Amount (USD)
20,000,000
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Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

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Author
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Date
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References

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