Parspec helps sellers close deals faster by automating the quoting and submittal process for construction products.
Location: United States
Total raised: $31.5M
Investors 3
Funding Rounds 2
| Date | Series | Amount | Investors |
| 08.07.2025 | Series A | $20M | Innovation... |
| 28.02.2024 | Seed | $11.5M | Innovation... |
Mentions in press and media 7
| Date | Title | Description |
| 20.07.2026 | Parspec Launches Sales Management, an AI-Native Platform from RFQ to Close-out for Manufacturer Rep Agencies | Parspec Logo Parspec Sales Management This new connected workflow unifies quoting, order management, and commission tracking so agencies bid faster, win more, and capture every dollar earned. It will make everyone in our company more effici... |
| 08.07.2025 | Parspec Raises $20M in Series A Funding | Dr Forest Flager, CEO & Co-Founder Parspec, a San Mateo, CA-based AI-native software platform that enables wholesale distributors and sales agents to bid and supply construction products, raised $20m in Series A funding. The round was l... |
| 08.07.2025 | Parspec Lands $20M Series A Round | SAN MATEO, CA, Parspec, an AI-native software platform that enables wholesale distributors and sales agents to efficiently bid and supply construction products, has raised $20 million in Series A funding. >> Click here for more fundi... |
| 28.02.2024 | Parspec: $11.5 Million In Seed Funding Raised In Round Led By Innovation Endeavors | Parspec – an AI-powered software platform that streamlines the selection and sale of construction products – announced its oversubscribed $11.5 million seed round. Innovation Endeavors led the investment, with participation from Building Ve... |
| 27.02.2024 | Parspec Grabs $11.5M Seed Round | PALO ALTO, CA, Parspec, an AI-powered software platform that streamlines the selection and sale of construction products, today announced its oversubscribed $11.5 million seed round. >> Click here for more funding data on Parspec ... |
| 27.02.2024 | Parspec Raises $11.5M in Seed Funding | Parspec, a San Mateo, CA-based provider of a AI-powered software platform that streamlines the selection and sale of construction products, raised $11.5M in Seed funding. The round was led by Innovation Endeavors with participation from Bui... |
| - | Parspec | “Empower your organization with AI-powered solutions from Parspec. Bid more jobs, increase revenue, and improve profitability in today's dynamic market. ” |