GreenLite Raises $28.5 Million Series A to Streamline Construction Permitting with Tech-Driven Solutions

GreenLite, a construction technology company focused on making permitting faster and more predictable for builders, developers, and municipalities, announced it has raised $28.5 million in a Series A funding round.

The investment, led by Craft Ventures with participation from 53 Stations, Trust Ventures, and LiveOak Ventures, comes less than a year after GreenLite’s launch from stealth. The funding will enhance GreenLite’s technology platform, expand its Private Plan Review service, and enter new markets, furthering its work with local government agencies.

Traditional construction permitting processes have long been plagued by complexity and unpredictability, creating roadblocks for developers and municipalities alike. The COVID-19 pandemic worsened these inefficiencies, as local governments prioritized other matters, delaying permit applications and contributing to economic slowdowns that cost billions annually.

“Across the U.S., there are 20,000 jurisdictions with 500,000 different forms and processes for building permits, but 95% of the applicable building code is the same,” James Gallagher, Co-Founder and CEO of GreenLite, said in a news release. “As a Private Provider, we consolidate these differences and allow developers to work with one privatized regulatory agency—GreenLite. This streamlines development timelines, saves millions of dollars, and supports local governments in ways that traditional permitting software cannot.”

GreenLite’s technology and Private Plan Review service automate the permitting process across jurisdictions, reducing the time and labor required by 75%. As the first software-driven Private Provider in the industry, GreenLite’s platform integrates construction plans, zoning data, local building codes, and expert compliance reviews into a single system, helping developers and governments streamline and modernize the construction permitting process.

“The most driven founders are those who’ve lived through the problem they’re solving,” Bryan Rosenblatt, Partner at Craft Ventures, said in a news release.