Evercam has secured €5 million in venture debt from Salica Investments to enhance its AI construction visibility platform and expand its presence in the U.S. market.

Information on the Target

Evercam is an innovative platform specializing in construction site visibility and intelligence, leveraging artificial intelligence to enhance project management. Established in 2013, Evercam has crafted a unified visual timeline that integrates high-resolution videos, 360-degree captures, drone footage, and Building Information Modeling (BIM) to provide comprehensive oversight of construction sites. The platform significantly aids owners and contractors in improving productivity, mitigating risks, and ensuring compliance by facilitating easier monitoring and management of activities throughout various stages of construction projects.

With its technology, Evercam has secured a prominent position within the industry, catering to major clients such as Skanska, Exyte, BAM, Shell, Gray Construction, and Siemens Energy. The recent acquisition of €5 million in venture debt from Salica Investments is set to accelerate their growth in the U.S. enterprise market and enhance their offerings across critical global projects.

Industry Overview in the Target’s Specific Country

The construction industry in the United States is undergoing a substantial transformation, driven by technological advancements and increased demands for efficiency and transparency in project manage