Versatile
Los Altos, US · Founded 2019 · Delaware corporation · 398 employees on LinkedIn · 9 known investors
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Versatile.ai serves the construction industry, though specific product details are not provided on this "Who We Are" page.
Also known as VERSATILE · Versatile, Inc. · Versatile.ai
Founders & leadership
Versatile was founded in 2019 by MEIRAV OREN.


Board

Investors · 9
Funding
SEC filings, press & company announcements$20M disclosed across 1 of 3 rounds · 2020–2021
- Undisclosed amountSeries BSep 2021
Insight Partners (lead), Conductive Ventures, Entrée Capital, Robert Bosch Venture Capital GmbH, Root Ventures, Tiger Global
Source ↗
▶$20MraisedDec 2020 · 6 investors · Other TechnologyRule 506(b)
- DANNY HERMANNExecutive Officer, Director
- NIKITAS KOUTOUPESDirector
- MEIRAV ORENExecutive Officer, Director, Promoter
- GAD TORENDirector
- Offering amount
- $20M
- Amount sold
- $20M
- First sale
- Nov 2020
- Incorporated
- Corporation, Delaware, 2019
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Company profile
researched Aug 2026Versatile develops an AI-based "crane intelligence" system for the construction industry, combining a below-the-hook hardware device mounted on site cranes with a software platform (referred to as the Control Center) and a mobile application. The device passively captures data during each crane pick, producing measurements of pace, progress, and problems without requiring crews to change how they work or perform manual data entry. According to the company, the system measures thousands of data points within the pick cycle, allowing production rates and outliers to be identified [0][1][3].
The current site positions the offering for steel erectors, promising visibility into every pick, sequence, and delay [0][1]. Product capabilities described by the company include operational records with photos and timestamps (for example, crane hook time allocation and change-order verification), mobile alerts for events such as no-fly-zone infractions or the start of the day's first task, and outlier reports that flag anomalies before they affect the schedule [3]. The mobile app provides real-time jobsite data, schedule management, insights, and a material-tracking inventory search feature [2]. Deployment is described as a three-step process: the Versatile team uploads site plans, models, and schedules; the customer's team installs the devices on cranes in minutes; and data becomes accessible remotely [3].
The hardware is described as crane-type, make, and ownership agnostic, built on a durable frame for construction environments, and certified as an under-the-hook lifting accessory with the same weight capacity as the crane on which it is used. Crosby-branded rigging hardware is integral to the below-the-hook device, and Crosby is identified as a strategic partner [3]. A third-party directory describes the company as creating technology that gives construction professionals visibility into production rates, with the aim of turning a fragmented industry into a controllable manufacturing-like process [4][6].
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 4
launches, deals, and filingsGoogle Play release notes dated 2026-07-28 describe a new Inventory Search feature for material tracking, plus general improvements and bug fixes.
Crosby-branded rigging hardware is integral to the Versatile below-the-hook device; the company lists Crosby as a strategic partner.
Listed fourth on The Tech Tribune's 2022 Best Tech Startups in Los Altos; also honored in the 2021 edition.
A BuiltWorlds directory entry links to a press item titled "Versatile Secures $80M Series B"; a VC directory dates an $80.0M Series B to September 2021.
$80M source ↗
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
Legal entities · 1
corporate structureIn the news
▸Research sources · 8
primary sources listed
- Versatileversatile.ai · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Versatile do?
- Versatile provides a crane-mounted hardware and AI software system that passively captures construction jobsite productivity data.
- Who founded Versatile?
- Versatile was founded by MEIRAV OREN in 2019.
- Who are Versatile's investors?
- Versatile's investors include Bosch Ventures, Conductive Ventures, Entrée Capital, Insight Partners, Robert Bosch Venture Capital, Root Ventures Manager, Llc, Root Ventures, Third Sphere and 1 more.
- How much funding has Versatile raised?
- Versatile has disclosed $20M raised across 1 of its 3 known rounds.
- Where is Versatile headquartered?
- Versatile is headquartered in Los Altos, US.




