The construction sector is being reshaped by a new generation of technology-focused companies.

The group includes The Boring Company, valued at $7B for its work on underground transport. Other companies like EquipmentShare have raised $3.5B, while India's Infra.Market has reached a $3B valuation.

Below is the full list of 8 Construction unicorn startups at this time.

Top 8 Most Valuable Construction Unicorns

The Boring Company builds underground transportation systems designed to eliminate traffic in major cities. They create these high-speed, all-electric tunnel networks, known as Loops, using their own advanced boring technology to reduce construction time and cost.

Valuation$7B (Joined April 2022)
HeadquartersPflugerville, Texas, United States
Year Founded2016
FoundersElon Musk
Funding Amount$908M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries C
Top InvestorsCraft Ventures, K5 Global, Founders Fund, Sequoia Capital, Valor Equity Partners

Infra.Market has built a B2B e-commerce platform focused on streamlining the supply chain for construction materials. They offer a centralized marketplace for items like cement and steel, using technology to bring efficiency to the procurement process for construction projects.

Valuation$3B (Joined February 2021)
HeadquartersThane, Maharashtra, India
Year Founded2016
FoundersAaditya Sharda, Souvik Sengupta
Funding Amount$980.8M
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusSeries G
Top InvestorsTiger Global Management, InnoVen Capital, Accel, Foundamental, Nexus Venture Partners

ICON develops construction technology that uses 3D robotics, software, and advanced materials to print homes. They are known for building resilient structures faster and more affordably than traditional methods.

Valuation$2B (Joined February 2022)
HeadquartersAustin, Texas, United States
Year Founded2017
FoundersJason Ballard
Funding Amount$507.5M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries C
Top Investors8VC, Tiger Global Management, Bond, Norwest, Capital Factory

Built Technologies develops cloud-based software designed to streamline the construction and real estate lending process. Their platform connects lenders, owners, and contractors, helping to manage project funds and improve collaboration from start to finish.

Valuation$2B
HeadquartersNashville, Tennessee, United States
Year Founded2014
FoundersAndrew Sohr, Chase Gilbert, Scott Sohr
Funding Amount$312.7M
Company SizeLarge Team (251-1,000)
Last Funding StatusVenture Round
Top InvestorsAddition, Citi, Canapi Ventures, Index Ventures, XYZ Venture Capital

Nexii designs and manufactures building components for the rapid assembly of sustainable, cost-efficient buildings. Their system uses a proprietary material, Nexiite, to create precision-manufactured panels that significantly reduce construction timelines and environmental impact.

Valuation$2B
HeadquartersVancouver, British Columbia, Canada
Year Founded2019
FoundersBen Dombowsky, Michael Dombowsky, Stephen Sidwell
Funding Amount$152.5M
Company SizeLarge Team (251-1,000)
Last Funding StatusVenture Round
Top InvestorsTrane, Horizon Technology Finance, Honeywell, Ben Franklin Technology Partners of Northeastern Pennsylvania, Trinity Capital

EquipmentShare builds technology and provides rental equipment to help construction companies manage their fleets and job sites. Their T3 platform offers a comprehensive solution for tracking assets, which helps contractors increase productivity and reduce downtime.

Valuation$1B
HeadquartersColumbia, Missouri, United States
Year Founded2015
FoundersBrad Siegler, Jabbok Schlacks, Jeffrey Lowe, Matthew McDonald, William Schlacks
Funding Amount$3.5B
Company SizeEnterprise Organization (5,001+)
Last Funding StatusSeries E
Top InvestorsY Combinator, BDT & MSD Partners, Insight Partners, Tiger Global Management, Gaingels

JSW One provides a comprehensive B2B platform for small and medium-sized businesses to procure steel and other essential raw materials. Their service simplifies the complex supply chain for MSMEs, offering a transparent and efficient way to manage construction and manufacturing needs.

Valuation$1B
HeadquartersMumbai, Maharashtra, India
Year Founded2020
Founders—
Funding Amount₹7.8B
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries B
Top InvestorsState Bank of India, Principal Asset Management, Mitsui & Co, JSW Steel, International Conveyors

Chint New Energy develops and operates clean energy solutions, specializing in large-scale solar power projects. Their team handles the full project lifecycle, including development, construction, and long-term operational services for their clients.

Valuation$1B
HeadquartersHangzhou, Zhejiang, China
Year Founded2009
Founders—
Funding AmountCN¥1.5B
Company SizeEnterprise Organization (5,001+)
Last Funding StatusSeries B
Top InvestorsZhaoxi Capital, Yunhao Capital, CICC Capital, Hillhouse Investment