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Versatile, Inc. makes hardware and software that tracks crane usage and jobsite data for construction firms.
Founded in 2016 and headquartered in Los Altos, US, Versatile, Inc. was started by Barak Cohen, Danny Hermann, Meirav Oren and Ran Oren. Its Versatile product gives real-time crane usage reports and daily production data, and integrates with Procore. Clients are top construction firms in North America, on subscription plans tiered by usage or the number of cranes monitored. In September 2021 the company raised USD 60.00 mn in Series B funding led by Insight Partners, with participation from Tiger Global Management, at a valuation of USD 477.73 mn.
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