/Companies

Fresco

YC F24

San Francisco, US · Founded 2024 · 2 employees · Hiring · 9 known investors

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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.

Also known as Fresco Technologies, Inc.

Construction TechPropTechUnited States of AmericaAmerica / Canada

Founders & leadership· Y Combinator alumni (F24)

Fresco was founded in 2024 by Arvind Veluvali and Akhil Gupta.

AVArvind Veluvali
Arvind VeluvaliCEOArvind 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.
AGAkhil Gupta
Akhil GuptaCTOAkhil 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.
BH
Ben HarrisFounder
JP
Jack PhelanFounder
JM
Jonny McCauleyFounder
TR
Tim RedferFounder

Investors · 9

Funding

SEC filings, press & company announcements

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.

Related companies · 1

Companies working in the same space as Fresco.

Legal entities · 1

corporate structure
Fresco Technologies, Inc.

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 HomeTeam Ventures, Transpose Platform Management, Y Combinator, Agrolimen Ventures, Bessemer Venture Partners, Flex Capital Partners, Frontline Ventures, SignalFire and 1 more.
Where is Fresco headquartered?
Fresco is headquartered in San Francisco, US.