Overview
News
Technologies
Salaries
Products
People
Growth
Offices
Financials

Funding and backers

Total raised
$31.5M
2 rounds on record
Latest round
$20M
Series A · Jul 2025 · 14 mo ago
Team
18
US Form 5500 (plan participants) · Dec 2025 · +38% in a year
Hiring now
5
+4 posted in 30 days
Backers
1
Innovation Endeavors
The money's age
Due for its next round
14 months since the last round · and hiring
Momentum
47/100
hiring for its size, in the news
Last sign of life
this month
a posting or a news item
Tractionpublic signals, read monthly
Web presence
top 6%
of 133.2M domains by links, Common Crawl
Funding rounds
RoundDateAmountInvestorsSource
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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Overview

Parspec is a technology company that leverages AI to help sales agents and distributors by simplifying the process of discovering and sourcing the best available construction products and materials.

News

News menafn 2 months ago
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
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Report
News Pulse 2.0 1 year ago
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
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Press release PRNewswire 1 year ago
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...
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Report
News Pulse 2.0 2 years ago
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
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Report

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
111
Postings analysed
13
Stack modernity
83/100AI adopter
Languages
Python54%
SQL38%
JavaScript8%
TypeScript8%
Frameworks & libraries
NumPy23%
TensorFlow23%
FastAPI15%
Matplotlib15%
Databases
PostgreSQL15%
Pinecone15%
MySQL8%
Qdrant8%
Cloud & platforms
AWS23%
Kubernetes23%
Hugging Face15%
AWS Bedrock15%
AI & ML
LLM31%
BERT15%
AWQ8%
Claude8%
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Full Parspec tech stack 111 technologies · by team · pay by technology · changes · similar stacks

Growth

Hiring Momentum
77/100
Scaling fast
Open positions
5
4 opened / 7 closed in 30 days
Median time-to-fill
117 days
faster than 15% of the market
ATS activity
Every ~2 hours
Today
Hiring Dynamics +100%
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% ▲
Backend
11% ▼
Sales
11% ▲
Operations
11% ▲
Activity Timeline
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

Offices

Where the company hires and what each office is for
Cities
1
Hiring now
1
Countries
1
Busiest office
San Mateo
San Mateo United States
HQ
5 open roles 5 posted in 90 days 10-50 est. staff
hires for Marketing, Sales, Operations
seen since Feb 2026 job postings
Earlier presence
Bengaluru, India 6 open roles · last posting Jul 2026

Financials

Total raised
$31.5M
Latest round
Series A
Funding rounds
2
Funding rounds
Round Announced Amount
Series A 2025 $20M Details
Seed 2024 $11.5M Details