Planera, cofounded by Nitin Bhandari, Raises $8M in New Funding from Sorenson Capital, Sierra Ventures, and other investors

Planera, San Jose, CA-based visual collaborative scheduling for construction company, raised $8M in new funding.

Backers were Sorenson Capital, Sierra Ventures, Prudence, and Brick and Mortar Ventures, Zachry Construction Corporation, and other construction industry executives.

The company intends to use the funds to expand adoption among contractors and subcontractors building new data center projects.

Led by CEO Nitin Bhandari, Planera is a provider of visual, CPM-based construction scheduling solutions that improve project planning and management. It has established a dedicated service team with data center knowledge to support its customers in the segment. The company has also developed new AI tools to help these customers to identify potential project delays early and find opportunities to accelerate their project schedules.

It is used by industry leaders including Balfour Beatty, Barton Malow, Big-D Construction, HITT Contracting, Ryan Companies, Skanska, and Zachry Construction.

The raise, which followed its Series A in 2024, brought total funding to $26.5M.

source; FinSMEs