Company

Parspec, Inc.

Parspec provides AI software to help construction materials teams find products, prepare quotes, and create submittals.

About

Parspec provides AI software for managing procurement of construction materials, including tools for product search, quoting, and preparing submittals and operation manuals. Founded in 2020 and based in San Francisco, US, it raised USD 20 million in Series A funding in July 2025, led by Threshold Ventures, with existing investors participating. Its subscription plans range from USD 149 monthly to USD 1,084 monthly, and the company planned to use the funding for product development.

2Funding rounds

7Investors

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