Daily Newsletter

14 June 2024

Daily Newsletter

14 June 2024

TraceAir enters strategic partnership with PermitFlow  

Through the agreement, TraceAir's clients will gain access to PermitFlow's permit management solutions.

Upasana Mukherjee June 13 2024

TraceAir, a provider of construction site analysis solutions, has forged a partnership with PermitFlow, a specialist in construction permit application and management software.  

The strategic collaboration aims to tackle challenges within the construction sector and represents a shared commitment by TraceAir and PermitFlow to drive innovation and improvement within the industry.  

It aims to transform the homebuilding and residential construction industries by enhancing workflow efficiency and simplifying the regulatory navigation process. 

Through this alliance, TraceAir's clientele will gain access to PermitFlow's permit management solutions, which are designed to facilitate compliance with intricate regulations.  

TraceAir co-founder Maria Khokhlova said: “We are excited to partner with PermitFlow to offer our clients a comprehensive solution that addresses their needs throughout the entire construction life cycle. 

“Together, we are committed to empowering builders and contractors with the tools they need to succeed in today's competitive market.” 

Meanwhile, users of PermitFlow will benefit from the land development tools provided by TraceAir.  

These tools are designed to enable effective project planning and budget management. 

PermitFlow co-founder and CEO Francis Thumpasery said: “By partnering with TraceAir, we are setting a new standard for efficiency and reliability in project execution.  

“We believe our combined efforts will make a substantial difference in managing construction projects, paving the way for a smoother, more streamlined process that benefits all stakeholders.” 

Last month, TraceAir obtained $25m in Series B funding. PeakSpan Capital led this funding round, with involvement from Flashpoint Venture Capital and current investors. 

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