Mosaic raises $44M to automate the construction planning process

Mosaic Building Group, a Phoenix, Arizona-based construction tech startup, has raised $44 million in a Series B funding round led by Peak State Ventures.

New investors Starwood Capital, invisionAZ, Tekfen Ventures and Brightstone also put money in the round. They joined previous backers Andreessen Horowitz (a16z), Building Ventures, Innovation Endeavors, 8VC and Founders Fund, bringing Mosaic’s total funding to $68.75 million since its 2015 inception.