Pillar VC, PJC and Draper Associates co-led the round, with additional investors including Alpaca, Steve Kaufer (Founder and former CEO of TripAdvisor), Erik Jarnryd (Former CEO of Harvey Building Products), Transcend Partners, Branagh Construction, Ken Lang, Klingenstein Fields, and Westview PE Fund.

Acelab is the single source product selection platform for the construction industry. Acelab democratizes access to structured data for every building product available in the US, enabling architects, builders and contractors to select from thousands of options and make informed decisions.