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Stock impact report

This YC alum just raised $31M to build the ‘TurboTax for construction permitting' [TechCrunch]

GREENLITE VNTRS INC (GRNL) 
Company Research Source: TechCrunch
It's no surprise then that the startup world has seen a flurry of startups focused on streamlining the permitting process. The latest to receive venture funding is PermitFlow , a Y Combinator alum that has developed “end-to-end” workflow and automation software that aims to “take care of permitting from soup to nuts,” according to its founders. “We think of it kind of like a TurboTax for construction permitting since it handles everything from upfront research, application, permit preparation, submission, monitoring, common response and coordination, all the way through to permit issuance,” said co-founder and CEO Francis Thumpasery. Today the company is announcing it has raised $31 million in Series A funding led by Kleiner Perkins, TechCrunch has learned exclusively. The financing comes just over a year after it raised $5.5 million in seed funding led by Initialized Capital. Initialized also participated in the latest round, along with Y Combinator, Felicis Ventures, Altos Vent Show less Read more
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