Fenwick represented Klutch AI, an AI-powered construction management company, in its $8 million seed financing. The round was led by Bain Capital Ventures and Bling Capital, with participation from Brick & Mortar Ventures, Original Capital, Anthology Fund, and angel investors from Autodesk and BuildZoom.
Klutch will use the funds to advance workflow automation capabilities and build integrations with industry-standard tools to serve the broader construction market. Additional information can be obtained here.
The Fenwick transaction team was led by corporate partner Jordan Roberts and included associate Stephanie Hong.