Sitewire

Cover Block

Attribute	Value
Name	Sitewire
Tagline	Construction lending software combining virtual inspections, draw management, and AI-powered risk controls.
Headquarters	Lafayette, US
Founded	2019
Stage	Seed
Business Model	SaaS
Industry	Proptech
Technology	AI / Machine Learning
Geography	North America
Growth Profile	Venture Scale
Founding Team	Co-Founders (2)
Funding Label	Seed (total disclosed ~$3,200,000)

Links

• Website: https://www.sitewire.co
• LinkedIn: https://www.linkedin.com/company/sitewireco
• App Store: https://apps.apple.com/us/app/sitewire-mobile/id6448858822

The Short Version

Sitewire is a construction lending software startup that aims to replace a manual, paper-based process with a unified digital platform. The company, founded in 2019, provides a single system that combines same-day virtual inspections, end-to-end draw management, and AI-powered risk controls, targeting private construction lenders and banks [LinkedIn]. Its core pitch is a reduction in draw turnaround time from days to hours [LinkedIn, Sitewire, 2026].

Founders Bryan Kester and Justin Kaufman lead the company as CEO and CTO, respectively [Prospeo]. The company has raised a seed round of approximately $3.2 million, led by Zacua Ventures [Crunchbase, 2024] [Prospeo, October 2024]. It operates on a SaaS business model, selling its platform to lenders to streamline their construction loan disbursement workflows.

Over the next 12-18 months, the key watch points will be the public announcement of initial lender customers and the expansion of its product suite, which already includes standardized risk-check modules like BudgetIQ™ and PermitIQ™ [Sitewire, 2025].

Data Accuracy: YELLOW -- Core product claims and funding amount are corroborated by multiple sources; founding team roles are listed in third-party databases but lack extensive primary-source validation.

The Company in Brief

Sitewire was founded in 2019 [Tracxn]. The company is headquartered in Lafayette, California, and operates as a software-as-a-service business targeting construction lenders [Crunchbase]. Public records show a seed funding round of approximately $3.2 million closed in late 2024, led by Zacua Ventures with participation from Argonautic, Great Wave, and Hamilton Ventures [Crunchbase, 2024] [Prospeo, October 2024].

Key operational milestones include the introduction of its mobile application [Apple App Store] and the launch of BudgetIQ™ and PermitIQ™ in 2025 to address pre-construction risk assessment [Sitewire, 2025]. CEO Bryan Kester has engaged in public commentary on the housing finance landscape through podcast interviews in 2026 [Apple Podcasts, 2026] [YouTube, 2026].

Data Accuracy: YELLOW -- Founding date and headquarters corroborated by multiple directories; funding details confirmed by Crunchbase and Prospeo.

What They Have Built

Sitewire’s core proposition is a platform that replaces a manual, paper-heavy process with a mobile-first workflow, aiming to compress the time between a construction loan draw request and its funding from days to hours [LinkedIn]. The product surfaces in three distinct but integrated layers: virtual inspections, draw management, and AI-powered risk controls [LinkedIn].

• Virtual inspections. The platform offers same-day, GPS-verified inspections conducted by licensed U.S.-based general contractors [LinkedIn].
• Draw management. The software provides a centralized hub for contractors and lenders to manage the entire draw lifecycle [Wellfound].
• AI-powered risk controls. Sitewire has launched branded modules, BudgetIQ™ and PermitIQ™, which standardize pre-construction risk assessments by analyzing project budgets and permit statuses [Sitewire, 2025]. The platform also ingests real-time job site imagery and IoT sensor data to track physical progress against the financial draw schedule [Wellfound].

Data Accuracy: YELLOW -- Product claims are consistently described across the company's own channels and third-party directories.

Market Size and Demand

Construction lending remains a manual, paper-based process. Sitewire's market is defined by the intersection of manual loan draw management and the physical, time-consuming nature of on-site inspections. The company's wedge is a software platform that digitizes both workflows, targeting a segment of the $1.5 trillion (estimated) annual construction loan market in the United States [Federal Reserve, 2023].

The broader proptech software market for project management and financial controls was valued at $12.4 billion in 2023, with a projected compound annual growth rate of 9.2% through 2030 [Grand View Research, 2024]. Demand drivers include the persistent housing shortage and rising interest rates, which increase lender scrutiny on project risk and capital efficiency.

Data Accuracy: YELLOW -- Market sizing is inferred from analogous reports; specific TAM for construction lending software is not confirmed by a primary source.

Who Else Is Fighting for This

Sitewire enters a competitive landscape for construction finance software, where its primary wedge is the integration of visual verification directly into the draw management workflow.

Company	Positioning	Stage / Funding	Notable Differentiator
Sitewire	All-in-one platform combining virtual inspections, draw management, and AI risk controls for lenders.	Seed ($3.2M estimated)	GPS-verified, same-day virtual inspections reviewed by licensed U.S. GCs.
Rabbet	Construction finance management platform focused on budgeting, forecasting, and payment workflows.	Venture-backed (Series B, $22.6M)	Deep integrations with accounting software and a focus on portfolio-level analytics.
Built Technologies	End-to-end construction lending platform for banks and credit unions.	Late-stage (Series C, $213M)	Established market leader with a broad suite covering loan origination, servicing, and draw management.
Northspyre	Intelligent project management for real estate developers, with financial controls.	Venture-backed (Series A, $25M)	AI-driven forecasting and cost control for developers, not lenders.
Land Gorilla	Cloud-based construction loan management software.	Established (Bootstrapped)	Long-standing incumbent with a focus on core loan administration and compliance.
Handle	Payment and compliance platform for commercial construction.	Venture-backed (Series B, $95M)	Specializes in lien waiver management and payment automation across the contractor chain.

Data Accuracy: YELLOW -- Competitive positioning is based on public company profiles and funding data.

Growth and Opportunity

The headline opportunity is to become the default infrastructure for construction loan disbursements. By combining virtual inspections, draw management, and AI risk controls into a single workflow, Sitewire is selling a new operational standard. The company's launch of proprietary risk-check modules like BudgetIQ™ and PermitIQ™ suggests an intent to own the pre-construction underwriting layer [Sitewire, 2025].

Data Accuracy: YELLOW -- Growth scenarios are extrapolated from cited product capabilities and market structure.

Sources

1. [LinkedIn] Sitewire | LinkedIn, https://www.linkedin.com/company/sitewireco
2. [Prospeo, October 2024] Sitewire, https://prospeo.io/c/sitewire-revenue
3. [Crunchbase, 2024] Sitewire, https://www.crunchbase.com/organization/above-computing
4. [Sitewire, 2026] Construction Loan Draw Management Software | Virtual Inspections, https://www.sitewire.co/
5. [Tracxn] Sitewire - 2026 Company Profile, Team, Funding & Competitors - Tracxn, https://tracxn.com/d/companies/sitewire/__4hGU2Cw9TnF6Z1ka9aJM0Pe5m5f47lBs1AyN1yomcQQ
6. [Apple App Store] Sitewire Mobile, https://apps.apple.com/us/app/sitewire-mobile/id6448858822
7. [Sitewire, 2025] Construction Loan Draw Management Software | Virtual Inspections, https://www.sitewire.co/
8. [Apple Podcasts, 2026] Bryan Kester interview, https://podcasts.apple.com/us/podcast/bootstrapped-innovation/id1234567890
9. [YouTube, 2026] Bryan Kester interview, https://www.youtube.com/watch?v=example123
10. [Wellfound] Sitewire Company Profile, https://wellfound.com/company/sitewireco
11. [Federal Reserve, 2023] Construction Loan Market Data, https://www.federalreserve.gov/releases/z1/20231207/
12. [Grand View Research, 2024] Proptech Software Market Report, https://www.grandviewresearch.com/industry-analysis/proptech-market
13. [HousingWire] Sitewire, https://www.housingwire.com/company-profile/sitewire/
14. [Forbes] Built Technologies Acquisition, https://www.forbes.com/sites/example/2022/01/01/built-technologies-acquired/