Australian construction technology company Veyor has raised approximately AUD $11 million (USD $7.5 million) in Series A funding, valuing the business at AUD $50–75 million, as strong US momentum accelerates its expansion into the world’s largest construction market.
The round was led by Marbruck Investments, with participation from CoAct and returning investors Investible and SpringCapital. The company has raised over AUD$20M in capital to date.
Founded in Sydney, Veyor provides operational software that digitises site logistics and materials coordination — a persistent productivity blind spot in construction and real estate still commonly managed via email and spreadsheets.
The platform acts as a real-time system of record for deliveries and material flows, aligning contractors, suppliers, tenants and operators across complex projects and assets.
Customers include global general contractors Turner, Skanska and Balfour Beatty, as well as operators of major high-traffic assets such as JFK Airport in New York and Capital One Arena in Washington, DC.
The United States now accounts for more than 30% of company revenue and is growing at over 150% year on year. Veyor supports more than 60 customers across 30+ US states and expects the US to exceed 50% of revenue within 12–24 months.
Prue Freestone, Principal at Marbruck Investments, said Veyor’s US growth, enterprise validation and clear operational value were central to its decision to lead the round.
“We look for companies solving real, structural problems with measurable ROI. Veyor has demonstrated strong product–market fit in the US, scaling with leading contractors and asset owners in a capital-efficient way,”
“The platform addresses a critical operational gap in construction, and we see a clear path for it to become foundational infrastructure for the built environment.”
CEO and Co-founder Richard Fifita said the funding positions Veyor to accelerate its international expansion and long-term ambition.
“This is a step-change moment for Veyor. We’ve proven the model locally and built real momentum in the US, and now we’re scaling with intent.
“Our ambition is to become the system of record for site logistics globally. With this capital, we’re doubling down on product depth and US expansion to build enduring operational infrastructure for the built environment.”
Proceeds from the Series A will accelerate US expansion, including senior go-to-market hires, deepen the platform beyond delivery scheduling into procurement, inventory and warehouse management, and support continued product development.
As part of the next phase of growth, Fifita will relocate to the United States to support in-market execution.
