Attentive.AI Raises Capital

Attentive.ai, a startup building vertical software for landscaping and construction services in the U.S., has raised $7 million in a new funding round as it looks to enhance its AI-led offerings and expand them to more businesses. Led by Vertex Ventures Southeast Asia and India, the all-equity Series A round, which follows the earlier $5 million seed investment, also received participation from Attentive.ai’s existing investors: Peak XV’s Surge and InfoEdge Ventures. Additionally, Mumbai-based investment firm Tenacity Ventures has come on board this time through a secondary investment. Landscaping and outdoor services primarily rely on manual measurements that involve labor and operational costs. Whether site measurement or paving maintenance, businesses spend hundreds of dollars and many hours before kicking off their projects to estimate the cost, appropriate material and time required. Inaccurate estimates also sometimes lead to overbidding and underbidding and impact revenue goals. As the real estate industry grows, landscaping and outdoor services companies look for tech-driven solutions to bring efficiencies and cut operational expenses. Attentive.ai can address these needs using AI and computer vision.