Parspec
Document AI · Construction
$31.5Mtotal raised · 2 rounds on record
2open roles
$20Mlatest round · Series A · Jul 2025 · 16 mo ago
1backers · Innovation Endeavors
Overview
Parspec is a construction technology company that builds AI software for the building products industry. Its platform helps electrical and lighting distributors, manufacturers' representatives and manufacturers search product data, prepare submittals and quote construction projects faster. Founded in 2020, the company is headquartered in San Mateo, California, United States, with an engineering team in Bengaluru, India.
Funding and backers
Total raised
$31.5M
2 rounds on record
Latest round
$20M
Series A · Jul 2025 · 16 mo ago
Team
18
US Form 5500 (plan participants) · Dec 2025 · +38% in a year
Hiring now
4
+2 posted in 30 days
Backers
1
Innovation Endeavors
The money's age
Due for its next round
16 months since the last round · and hiring
Momentum
20/100
hiring for its size
Last sign of life
this month
a posting or a news item
The story so fareach stage dated by its source: the company's releases, the press, registers, filings
Jul 20
Launched Parspec Launches Sales Management, An AI-Native Platform From RFQ To Close-Out For Manufacturer Rep Agencies · menafn
2025
Team of 18 was 13 · US Form 5500 (plan participants)
Jul 8, 2025
Raised a round Series A $20M · PRNewswire
Feb 28, 2024
Raised a round Seed $11.5M · led by Innovation Endeavors · Pulse 2.0
2020
Founded
Tractionpublic signals, read monthly
Web presence
top 6%
of 133.2M domains by links, Common Crawl
Funding rounds
| Round | Date | Amount | Investors | Source |
|---|---|---|---|---|
| Series A | Jul 2025 | $20M | — | PRNewswire |
| Seed | Feb 2024 | $11.5M | Innovation Endeavors lead, Building Ventures, Heartla | Pulse 2.0 |
Backed byfrom the funds' portfolios and accelerator catalogs
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Jobs
Hybrid · Internship · Bachelor's Degree · San Mateo
LangGraph
LangChain
LoRA
Embeddings
AI Agents
PEFT
QLoRA
CrewAI
RAG
Machine Learning
Apply
≈ $24k – $49k per year (Estimated) · In office · 5+ years exp · Bengaluru
Python
Django
AI/ML
Fine-tuning
SciPy
Computer Vision
AWS Bedrock
TensorFlow
NumPy
RAG
BERT
OpenRouter
Hugging Face
Amazon SageMaker
OCR
Machine Learning
DevOps
GCP
Azure
CI/CD
AWS
Kubernetes
Amazon ECS
Analytics
Matplotlib
Apply
Visa sponsorship
5
H-1B filings in 12 months
$193k
Median offered salary
4
Open roles in United States
Who they sponsor
Software developers
3
Other computer occupations
1
Civil engineers
1
In the register as Parspec, Inc., San Mateo, CA
Other sponsors in the same field
Autodesk 
Axon Enterprise 
Staples 
Turner & Townsend
See 4 open roles Alert me
US Department of Labor · latest filing Jun 11, 2026 · Visa details by country
Growth
Hiring Momentum
58/100
Growing
Open positions
5
3 opened / 6 closed in 30 days
Median time-to-fill
60 days
faster than 21% of the market
ATS activity
Every ~5 hours
Today
Hiring Dynamics
0%
Hiring Focus
The percentage next to each role is its share of the company's job openings over the last 90 days; the arrow shows the shift versus the previous period.
AI/ML
33% ▲
Marketing
33% ▼
Product
11% ▲
Sales
11% ▼
Operations
11% ▼
Actively hiring for AI/ML (+3 in 30 days)
Activity Timeline
Added QLoRA to stack
Nov 2026
Added Machine Learning to stack
Sep 2026
Added Master Data Management to stack
Sep 2026
Added Speculative Decoding to stack
Sep 2026
Added KV Cache to stack
Sep 2026
Added Agentic Workflows to stack
Sep 2026
Added LinkedIn to stack
Sep 2026
Added Least Privilege to stack
Aug 2026
Tech stack
Technologies named in job postings at Parspec over the last 12 months, by layer, with the share of postings for each.
Technologies in use
109
Postings analysed
15
Stack modernity
83/100AI adopter
Languages
Python47%
SQL33%
JavaScript7%
TypeScript7%
Frameworks & libraries
NumPy20%
TensorFlow20%
Django13%
FastAPI13%
Databases
PostgreSQL13%
Pinecone13%
MySQL7%
Qdrant7%
Cloud & platforms
AWS27%
Kubernetes27%
AWS Bedrock20%
Amazon SageMaker20%
AI & ML
LLM33%
LoRA20%
PEFT20%
AWQ13%
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Full Parspec tech stack
109 technologies · by team · pay by technology · changes · similar stacks
Connections
List
Graph
Found in company registers, site code, DNS and hiring. Each connection shows how sure we are and the evidence, with its source and date.
Shared investors
Innovation EndeavorsVia a fund
Click a company to open it. Dashed lines are likely connections. The second step of the network is part of the Pro plan.
Owner
Same company
Same group
Likely
News
Parspec Launches Sales Management, An AI-Native Platform From RFQ To Close-Out For Manufacturer Rep Agencies
Parspec Launches Sales Management, An AI-Native Platform From RFQ To Close-Out For Manufacturer Rep Agencies. EINPresswire/ -- Parspec, the AI-native platform for the construction supply chain, today announced the general availability of Parspec Sales Man
Read more
Report
Parspec: $20 Million Series A Raised For Enhancing Construction Supply Chain With AI
Parspec is an AI-driven software platform that helps wholesale distributors and sales agents efficiently bid on and supply construction products. The company recently raised $20 million in Series A funding, led by Threshold Ventures, with participation fr
Read more
Report
Parspec Raises $20 Million Series A to Modernize the Construction Supply Chain with AI
/PRNewswire/ -- Parspec, an AI-native software platform that enables wholesale distributors and sales agents to efficiently bid and supply construction...
Read more
Report
Parspec: $11.5 Million In Seed Funding Raised In Round Led By Innovation Endeavors
Parspec - an AI-powered software platform that streamlines the selection and sale of construction products - announced its oversubscribed $11.5 million seed round. Innovation Endeavors led the investment, with participation from Building Ventures, Heartla
Read more
Report
Offices
Where the company hires and what each office is for
Cities
2
Hiring now
2
Countries
2
Busiest office
San Mateo
Loading the map
Headquarters
Builds here
Office with open vacancies
Tap a pin for the office
San Mateo
United States
HQ
5 open roles 7 posted in 90 days 20% engineering 10-50 est. staff
hires for Marketing, AI/ML, Product
Bengaluru
India
1 open roles 2 posted in 90 days 100% engineering 10-50 est. staff
hires for AI/ML