Fresco
YC F24San Francisco, US · Founded 2024 · 2 employees · Hiring · 2 known investors
Fresco provides AI-powered automated takeoff and estimating software for Division 8 construction work (doors, frames, and hardware), reducing the manual labor required by construction estimators to process job specifications and build cost schedules.
Founders & leadership· Y Combinator alumni (F24)
Fresco was founded in 2024 by Arvind Veluvali and Akhil Gupta.
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Arvind VeluvaliinFounder/CEOArvind Veluvali previously worked as a scientist at NASA and spent two years leading sales and operations at an AI company that raised $45M; he has experience in venture capital and product development, and attended Brown University.
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Akhil GuptainFounderAkhil Gupta has worked on AI research at Johns Hopkins and MIT, and held an AI role at TikTok. Since 2022 he has worked in renewables construction, and is now building Fresco to automate material takeoffs.
Investors · 2
Funding
SEC filings, press & company announcements- Undisclosed amountSeries CDec 2025 · 2 sourcesSource ↗
Source: company announcements and press reports — follow each round's link for the claim.
The YC application· Fall 2024 batch
Alumni Q&A
- How did your company get started? (i.e., How did the founders meet? How did you come up with the idea? How did you decide to be a founder?)
- The two founders met at a party in San Francisco and shared an interest in construction industry problems. They spent weekends conducting field research across San Francisco, the South Bay, and Napa, talking with construction workers, and observed that superintendents spent hours transcribing and compiling notes and punch lists—an inefficiency they decided to address using their technical backgrounds.
Summarized from the founders' answers on their Y Combinator profile.
Competitors · 1
by search overlapCompanies competing with Fresco for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Fresco do?
- Fresco provides AI-powered automated takeoff and estimating software for Division 8 construction work (doors, frames, and hardware), reducing the manual labor required by construction estimators to process job specifications and build cost schedules.
- Who founded Fresco?
- Fresco was founded by Arvind Veluvali, Akhil Gupta in 2024.
- Who are Fresco's investors?
- Fresco's investors include Transpose Platform Management, Y Combinator.
- Where is Fresco headquartered?
- Fresco is headquartered in San Francisco, US.