Punch has raised $2 Million in New Funding

According to filings with the U.S. Securities and Exchange Commission, Punch has raised $2 Million in new funding. The federal securities law requires the notice to be filed by companies that have sold securities without registration under the Securities Act of 1933 in an offering made under Rule 504 or 506 of Regulation D or Section 4(a)(5) of the Securities Act. A company must file this notice within 15 days after the first sale of securities in the offering. For this purpose, the date of first sale is the date on which the first investor is irrevocably contractually committed to invest. Each issuer of securities that sells its securities in reliance on an exemption provided in Regulation D or Section 4(a)(5) of the Securities Act of 1933 must file this notice containing the information requested with the U.S. Securities and Exchange Commission (SEC) and with the state(s) requiring it. If more than one issuer has sold its securities in the same transaction, all issuers should be identified in this filing with the SEC.

Investors in the company’s current round of funding include: Gutter Capital

About Punch
Punch is a construction intelligence platform that manages the work between estimating and accounting systems. It turns spoken field updates, photos, documents, and emails into organized project records, reports, purchase orders, tasks, schedules, alerts, and follow-up actions. Punch connects field teams, project managers, accounting departments, preconstruction staff, and company leadership while keeping budgets, commitments, invoices, production data, and job costs current. Built for contractors generating $5 million to $1 billion annually, it works with systems such as Excel, PlanSwift, On-Screen Takeoff, QuickBooks, Sage, Foundation, and Trimble without requiring them to be replaced. The platform applies each companys rules and operating knowledge across projects, helping teams make decisions with senior-level judgment and helping new employees get up to speed faster. Punch reports that customers have achieved 90% less time spent on paperwork, while one drywall contractor projected $178,000 in annual savings. The company says customers can go live in less than 48 hours, with broader rollouts taking weeks rather than months.

To learn more, visit https://buildwithpunch.com/
Linkedin: https://www.linkedin.com/company/buildwithpunch/

Contact:
Taylor Sandusky, Co-Founder
https://www.linkedin.com/in/taylorsandusky/

SOURCE: http://www.intelligence360.io
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