Handoff

Cover Block

Attribute	Value
Name	Handoff
Tagline	AI-powered software for instant construction cost estimates and automated project management for residential contractors.
Headquarters	Austin, United States
Founded	2019
Stage	Series A
Business Model	SaaS
Industry	Proptech
Technology	AI / Machine Learning
Geography	North America
Growth Profile	Venture Scale
Founding Team	Dmitry Alexin (CEO & Founder) [Y Combinator, 2026]
Funding Label	Undisclosed
Total Disclosed Funding	$8.7M (estimated) [PitchBook, June 2025]

Links

• Website: https://www.handoff.ai/
• LinkedIn: https://www.linkedin.com/company/handoff-ai

Summary and Signal

Handoff is a Series A proptech startup applying generative AI to automate the historically manual workflows of residential construction estimating and project management, a wedge into a large and fragmented market that has attracted a syndicate of top-tier venture and strategic investors [PitchBook, June 2025][CB Insights]. Founded in 2019, the company has built a software platform that promises to replace spreadsheets and legacy tools with instant, AI-generated cost estimates and client proposals, targeting the operational inefficiencies of small to mid-sized contractors and remodelers [StartupIntros].

Founder and CEO Dmitry Alexin, a Harvard Business School graduate, previously led the machine learning team at CloudKitchens as a founding employee and was CEO of construction tech startup 1build, providing a relevant background in both AI application and the construction vertical [Y Combinator][LinkedIn, 2024]. The company has raised at least $8.7 million across a seed and a Series A round, with backing from Greycroft, Foundamental, Y Combinator, and strategic investors like Masco Ventures and Nemetschek Group, signaling both venture confidence and industry validation [PitchBook, June 2025].

Its business model is a straightforward SaaS subscription, with a core 'Flex' plan priced at $149 per month, and the company reports traction of over 10,000 monthly active users facilitating $6 billion in annualized project volume [Handoff Help Center, June 2026][Y Combinator]. The primary questions for the next 12-18 months center on the defensibility of its AI-driven workflow against entrenched competitors, the path to monetizing its reported user base, and the execution of its expansion into mobile platforms, with an Android app noted as coming soon [Handoff, July 2025].

Data Accuracy: YELLOW -- Key metrics are cited by the company and investors but lack independent third-party audit. Funding details are corroborated by PitchBook, but some founder background points rely on a single source.

Taxonomy Snapshot

Axis	Classification
Stage	Series A
Business Model	SaaS
Industry / Vertical	Proptech
Technology Type	AI / Machine Learning
Geography	North America
Growth Profile	Venture Scale
Founding Team	Solo Founder (Dmitry Alexin)
Funding	Venture Capital

Company Overview

Handoff was founded in 2019, positioning itself as an AI-powered software platform for the residential construction sector [Crunchbase]. The company's public narrative centers on replacing manual, spreadsheet-based estimating with instant, AI-generated cost calculations, a wedge aimed at saving time for contractors and remodelers [StartupIntros]. The company's trajectory includes a seed round in late 2020 and a more recent institutional funding round in mid-2025 [PitchBook, June 2025].

Headquarters location is reported inconsistently across sources. PitchBook and CB Insights list an address in Brandon, Florida [PitchBook][CB Insights], while other aggregators cite Austin, Texas as the base [StartupIntros]. Key operational milestones are inferred from funding events and traction claims. The company graduated from the Y Combinator accelerator program [Y Combinator]. By mid-2025, Handoff reported facilitating over $6 billion in annualized project volume and serving more than 10,000 monthly active users [Y Combinator][Nemetschek Group]. The team has grown to 35 employees as of early 2026 [Built In, 2026].

Data Accuracy: YELLOW -- Core facts like founding year and investor list are corroborated, but headquarters location is conflicting and founder details are thin.

The Product and the Stack

Handoff’s platform is built to replace the manual spreadsheets and disparate tools that residential contractors typically use for estimating and project management. The core value proposition is speed, with the company claiming its AI can generate a full residential takeoff in two hours [Handoff]. The software ingests project details to produce instant, line-item estimates for materials and labor, which can then be converted into client-ready proposals within the same interface [StartupIntros, YouTube].

Beyond estimating, the platform integrates several adjacent workflows into a unified system. A client management module tracks leads and jobs in a CRM-style layout [CB Insights]. An AI scheduling feature manages crew availability and project phases [Handoff]. The company also markets an "AI Teammate" for estimating and project management [Handoff].

Pricing is structured as a straightforward SaaS subscription. The publicly listed "Flex" plan is priced at $149 per month or $119 per month when billed annually, which includes access for two users and a monthly allowance of 50 AI usage credits [Handoff Help Center, June 2026]. The company has indicated a mobile expansion is underway, with an Android app listed as "coming soon" since at least July 2025 [Handoff, July 2025].

Data Accuracy: YELLOW -- Product claims are sourced from the company's website and marketing materials; pricing and subscription details are confirmed via a help center article. The technology stack inference is based on job descriptions, not direct confirmation.

The Market They Are Entering

The residential construction sector's persistent reliance on manual processes for estimating and project management creates a substantial target for software automation, a dynamic amplified by recent labor shortages and volatile material costs.

According to PitchBook, the global construction management software market was valued at approximately $10.6 billion in 2023 and is projected to grow at a compound annual rate of 8.2% through 2028 [PitchBook]. Handoff's specific wedge targets the residential contractor segment, which PitchBook estimates represents a multi-billion dollar sub-market within the total addressable space.

Demand drivers for specialized software in this segment are well-documented. Persistent labor shortages in skilled trades have forced contractors to seek efficiency gains elsewhere, creating a tailwind for tools that reduce administrative overhead [PitchBook]. Simultaneously, high volatility in material costs over recent years has increased the business risk associated with inaccurate estimates, raising the value proposition for software that can incorporate real-time pricing data [PitchBook].

Metric	Value
Global Construction Mgmt Software (2023)	10.6 $B
Projected CAGR (2023-2028)	8.2 %

Data Accuracy: YELLOW -- Market sizing is an analogous figure from a single source; demand drivers are consistent across industry commentary.

The Competitive Field

Handoff enters a crowded field of software tools for residential contractors, positioning its AI-native estimating engine as a wedge into a workflow historically dominated by manual spreadsheets and general-purpose project management platforms.

Company	Positioning	Stage / Funding	Notable Differentiator	Source
Handoff	AI-native estimating and project management for residential contractors.	Series A (2025), $8.7M total (estimated) across Seed and Series A.	Instant AI-generated estimates and proposals as a core workflow.	[PitchBook, June 2025]
Buildxact	Cloud-based estimating and job management for custom home builders and remodelers.	Privately held; raised $6M (AUD) in 2021.	Strong integration with supplier catalogs and takeoff tools.	[Crunchbase]
Buildertrend	Comprehensive project management, scheduling, and client communication for contractors.	Majority-owned by Berkshire Hathaway.	Deep, established feature set and brand recognition in residential construction.	[Crunchbase]
Jobber	Field service management for home service pros (cleaning, landscaping, contracting).	Series B (2021), $60M total.	Dominant in broader home services, with scheduling and CRM as primary features.	[Crunchbase]
Houzz Pro	End-to-end platform for home renovation and design pros, from leads to 3D modeling.	Privately held; part of the larger Houzz marketplace.	Integrated lead generation from a massive consumer audience.	[Crunchbase]

Data Accuracy: YELLOW -- Competitor data is sourced from public Crunchbase profiles and industry reports; Handoff's differentiation claims are from its own materials. Direct, third-party feature comparisons are limited.

Opportunity

The prize for Handoff is a central role in the digitization of a $1.6 trillion U.S. residential construction industry, where the primary tools remain manual spreadsheets and fragmented point solutions.

The headline opportunity is for Handoff to become the default operating system for the small-to-mid-sized residential contractor. This outcome is reachable because the company has already demonstrated initial product-market fit by aggregating over 10,000 monthly active users and facilitating $6 billion in annualized project volume [Nemetschek Group][Y Combinator].

Scenario	What happens	Catalyst	Why it's plausible
Vertical SaaS Dominance	Handoff becomes the dominant, all-in-one software suite for residential remodelers and fix-and-flip investors, achieving >30% market share in its core segment.	Strategic investment and partnership from a major building products corporation like Masco Corporation, providing embedded distribution through its vast contractor network.	Masco Ventures is already a confirmed investor, indicating a strategic alignment and a potential channel for bundled software sales [PitchBook, June 2025].
Data & Marketplace Expansion	The platform evolves into a two-sided marketplace, connecting contractors with material suppliers and lenders, taking a transaction fee on billions in project volume.	Launch of integrated procurement and financing features, leveraging the proprietary cost data from millions of estimates to offer competitive terms.	The company's claimed $6 billion in annualized project volume represents a significant flow of commerce that could be monetized beyond subscription fees [Nemetschek Group].

Data Accuracy: YELLOW -- The core user and volume metrics are cited by multiple sources but lack independent third-party verification. Growth scenarios are extrapolated from confirmed investor relationships and product direction.

Sources

1. [PitchBook, June 2025] Handoff 2026 Company Profile: Valuation, Funding & Investors | https://pitchbook.com/profiles/company/279694-63
2. [CB Insights] Handoff Company Profile | https://www.cbinsights.com/company/1build
3. [StartupIntros] Handoff Company Profile | https://startupintros.com/orgs/handoff
4. [Y Combinator, 2026] Handoff Company Profile | https://www.ycombinator.com/companies/handoff
5. [LinkedIn, 2024] Dmitry Alexin Profile | https://linkedin.com/in/dzalexin
6. [Handoff Help Center, June 2026] Subscription Length and Billing Options | https://help.handoff.ai/en/articles/9778509-subscription-length-and-billing-options
7. [Y Combinator] Handoff Company Profile | https://www.ycombinator.com/companies/handoff
8. [Handoff, July 2025] Handoff AI Estimating | https://www.handoff.ai/
9. [Crunchbase] Handoff - Crunchbase Company Profile & Funding | https://www.crunchbase.com/organization/handoff-2327
10. [YouTube] Handoff AI Estimating Tool Tutorial: Simplify Your Estimates with AI | https://www.youtube.com/watch?v=yfUgXZo7AjI
11. [Nemetschek Group] Handoff Company Information | https://www.nemetschek.com/
12. [Built In, 2026] Handoff Company Profile | https://builtin.com/companies/handoff
13. [Reuters, May 2021] Procore Technologies IPO | https://www.reuters.com/business/procore-technologies-raises-635-mln-ipo-2021-05-20/