Walgreens, O’Reilly Auto Parts, and TD Bank are among the Fortune 500 companies using GreenLite’s AI-driven Private Plan Review for permitting efficiency
GreenLite, the construction technology company accelerating permit timelines by 75% through AI-powered plan review and compliance solutions, today announced a Series B funding round of $49.5M, led by global software investor Insight Partners with participation from Energize Capital, as well as existing investors Craft Ventures, LiveOak Ventures, and Chicago Ventures. GreenLite will utilize the new capital to expand its go-to-market efforts and enter new verticals, including lodging, industrial and logistics, clean energy infrastructure, and residential development, while further advancing its AI-powered technology platform.
As demand for construction surges, jurisdictions and building departments face unprecedented challenges, including labor shortages, limited adoption of technology, and rising backlogs.
This strain is renewing focus on technologies and policies for permitting solutions, including Private Plan Review (PPR), where qualified third-party experts conduct official code compliance reviews instead of the city. Nearly a quarter of U.S. states have advanced legislation for PPR in the past three years, aiming to reduce delays and streamline development. Today, GreenLite is the only Private Provider combining regulatory expertise with AI to deliver PPR at a national scale.
“The permitting backlog is holding back America’s ability to build at the scale and speed we need,” said James Gallagher, Co-Founder and CEO of GreenLite. “By combining a growing database of proprietary compliance comments with advanced automation, we’re catching violations faster and providing builders, developers, and jurisdictions with the predictability and transparency they need to move projects forward, dramatically transforming the plan review and construction code compliance process.”
GreenLite’s AI-powered digital plan review tool, LiteTable, rapidly ingests plan sets, identifies compliance flags and code requirements, and surfaces relevant guidance from GreenLite’s extensive comment library based on compliance patterns within specific jurisdictions. Today, GreenLite is trusted by nearly a hundred Fortune 500 customers, including retailers, REITs, quick service restaurants, industrial owner-developers, and production home builders to advance permitting nationwide. The company is expanding into lodging, logistics, multifamily, and additional verticals this year.
“GreenLite’s full-stack Private Plan Review approach delivers building permits in days, not months, and is driving growth in America’s local communities and economies,” said Jeff Horing, Co-founder and Managing Director at Insight Partners. “We’re thrilled to back GreenLite as it continues to partner with the commercial sector and local governments to power the future of construction permitting.”
GreenLite was founded in 2022 by James Gallagher and Ben Allen, former Gopuff executives. The company has 50 full-time employees today, and is actively hiring across engineering, product, sales, marketing, operations, and executive roles.
To learn more about GreenLite’s AI-powered permitting and private plan review capabilities, please visit: https://greenlite.com/.
