Parspec
PrivateLast Round
Series A
Jul 8, 2025
Total Funding Raised
$31.5M
Momentum
Top 25%
of companies Caplight tracks
Company Overview
Parspec operates in Enterprise Software and is based in San Mateo, California. Its latest recorded funding round was a Series A round in July 2025.
Parspec is a construction technology company that offers an artificial intelligence platform to streamline the supply chain for the building and construction industry by facilitating the selection and sale of construction products through instant submittal creation and online management.
Sector
Enterprise Software
Verticals
Construction Tech, Vertical SaaS, Document Management, Workflow Automation, NLP & Conversational AI
Business Model
B2B
Customer Profile
Usage-Based SaaS, Subscription SaaS
AI Layer
Application
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Parspec Comparables
Compare Parspec with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Pelles.ai | 67% | |
| STACK Construction Technologies | 66% | |
| Morsa | 66% |
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Parspec Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series A | Jul 8, 2025 | ||||
| Seed | Feb 27, 2024 | ||||
| Pre Seed | Mar 1, 2022 |
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Key People
Founding team and executive leadership
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Parspec Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Building Ventures | Series A, Seed |
| Heartland Ventures | Series A, Seed |
| Threshold Ventures | Series A |
| Innovation Endeavors | Series A, Seed |
| Hometeam Ventures | Series A, Seed |
Market signals
Structured signals derived from secondary market and firmographic data.
- Jul 16, 2026
Added dibujosfaciles, an Architecture / Construction startup, as a customer.
- Apr 8, 2026
Launched a new Project Management solution to streamline construction execution.
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Parspec Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
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Frequently Asked Questions
Common questions about Parspec's valuation, stock price, and market status.
Is Parspec a public or private company?
Parspec is a private company.
What is the current stock price of Parspec?
Parspec is a private company, so its shares have no public market price. Caplight tracks Parspec's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Parspec worth (valuation)?
Valuation information for Parspec is not publicly available.
Can I buy Parspec stock?
Parspec shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Parspec's last funding round?
Parspec's most recent funding round was Series A on July 8, 2025.
Who are the main investors in Parspec?
Key investors in Parspec include Threshold Ventures, Innovation Endeavors.
Will Parspec IPO soon?
No public IPO plans have been announced for Parspec.
How can I track Parspec secondary market activity?
Caplight tracks bids, offers, and trades in Parspec's shares on secondary markets.