Versatile, Inc.
Versatile provides an AI-powered hardware and software platform that passively captures crane data to deliver real-time visibility into picks, sequences, and delays for steel erectors and general contractors in the construction industry.
- Company typePrivate
- Founded2016
- HeadquartersLos Altos, United States
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What Versatile, Inc. does
Versatile, Inc. is a privately held construction-technology company that provides an AI-powered hardware and software platform for crane data capture in the construction industry. The company's core offering consists of the Versatile® Hardware + Software Solution, which mounts sensors on cranes to passively capture operational data — including picks, sequences, and delays — without requiring crews to modify their workflows. This data feeds the Control Center dashboard module, which delivers real-time visibility into crane utilization and project progress for steel erection teams and the general contractors overseeing their work.
Versatile primarily targets steel erectors as its primary customer segment, with general contractors representing a secondary segment. Named enterprise customers include Turner Construction, Cooper Steel, Red Cedar Steel, SME Steel, Herrick, ClarkPacific, Gilbane, Austin Commercial, HDCC, First Florida, and GLY. The company's value proposition centers on replacing manual tracking methods (phone calls, drawings, subjective reports) with objective, real-time data that supports better crane utilization, overtime reduction, delay identification, and improved coordination between subcontractors and general contractors.
Versatile operates a SaaS subscription business model bundled with hardware, sold on an annual billing cycle under quote-based enterprise pricing. The company distributes through direct enterprise field sales, supported by a multi-channel digital marketing presence (LinkedIn, Instagram, Facebook, X, TikTok, YouTube) and content assets such as case studies and a Learn platform. The company is headquartered in Los Altos, California, with additional offices in Boca Raton, Florida, and Tel Aviv, Israel, and holds SOC 2 Type 2, ISO 27001, and GDPR compliance certifications. No public funding history, headcount figures, or revenue disclosures are available in the provided data.
Versatile, Inc. firmographics
Firmographics- Name
- Versatile, Inc.
- Legal name
- Versatile, Inc.
- Website
- https://versatile.ai
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Versatile provides an AI-powered hardware and software platform that passively captures crane data to deliver real-time visibility into picks, sequences, and delays for steel erectors and general contractors in the construction industry.
- Ownership category
- akta.pro rank
Versatile, Inc. industry classification
Industry- Product category
- Construction Technology Software
- NAICS
- Material Handling Equipment Manufacturing (33392), Overhead Traveling Crane, Hoist, and Monorail System Manufacturing (333923)
- SIC
- Special Industry Machinery (No Metalworking Machinery) (3550), Special Industry Machinery, Nec (3559)
- akta.pro primary industry
- Crane & Hoist Safety & Monitoring Systems (Limiters, Anti-collision, Load Monitoring) (IMAHAJAL)
- akta.pro secondary industry
- Cranes, Hoists & Overhead Material Handling (Industrial) (IMAHABAE)
Keywords
Where Versatile, Inc. is headquartered
LocationHeadquarters
- HQ city
- Los Altos
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Versatile, Inc. business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations
Revenue model
- SaaS Platform Subscription: Versatile generates revenue through a software-as-a-service subscription model, providing hardware sensors and software access to construction firms for crane intelligence and data analytics.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise SaaS subscription with hardware |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels9 records
Versatile, Inc. product offering
Product offeringCore offering
Versatile, Inc. operates an AI-powered crane intelligence platform targeted at the construction industry, with a focus on steel erectors. The company combines proprietary hardware sensors mounted on cranes with a software platform that passively captures crane activity data, eliminating the need for operators to manually log picks, sequences, or delays. The system delivers analytics and real-time visibility into crane utilization and project performance for steel erection and general construction projects.
Product overview
Versatile, Inc. offers a unified AI-powered crane intelligence platform designed for the construction industry, specifically targeting steel erectors. The core offering consists of the Versatile® Hardware + Software Solution, which combines sensors and AI analytics to passively capture crane data. This is complemented by the Control Center dashboard module that provides real-time visibility into picks, sequences, and delays. The platform enables construction teams to monitor crane utilization, identify delays, and optimize operations without requiring changes to existing crew workflows.
Differentiator
Problem solved
Functional benefit
Products and services
- Versatile Platform
Quantifiable outcome
- Consistent upward trend in crane utilization through data-driven adjustments
- +2 more outcomes
Companies that use Versatile, Inc.
Customer profileNamed customers4 records
Segments2 records
Ideal customer profiles2 records
Versatile, Inc. technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Versatile, Inc. partnerships and signals
Strategic signalScale indicators1 record
Recent moves6 records
Expansion highlights5 records
Versatile, Inc. competitors and assessment
Company assessmentDirect peers
- Buildots: Buildots applies AI to construction progress monitoring by comparing site imagery against BIM models. Closely comparable to Versatile in applying AI-driven, objective data capture to deliver actionable construction jobsite insights to enterprise GCs.
- OpenSpace: OpenSpace provides AI-powered 360° reality capture and progress tracking for construction sites. Like Versatile, it is a software + hardware (camera) platform delivering objective, visual jobsite intelligence to GCs and specialty trades, with a comparable enterprise SaaS motion.
- StructionSite: StructionSite provides photo and video-based construction progress documentation with AI tagging. It targets the same enterprise GC customer base as Versatile and competes in the jobsite intelligence category.
- DroneDeploy: DroneDeploy offers drone-based reality capture and AI analytics for construction site monitoring. It overlaps with Versatile in providing objective, data-driven jobsite visibility to commercial construction teams.
- Avvir: Avvir uses laser scanning and AI to monitor construction progress and verify as-built conditions. It is a comparable construction-AI analytics platform, though oriented around laser scans rather than crane sensors.
Emerging players
- nPlan: nPlan uses AI to forecast construction project schedules from historical data. It targets enterprise GCs with AI-driven planning tools, sharing a similar technology DNA and customer base as Versatile.
- ALICE Technologies: ALICE Technologies offers AI-based construction scheduling and optimization for large capital projects. It sells to enterprise GCs and infrastructure owners — an adjacent construction-AI peer with overlapping customer profiles.
- Indus.ai: Indus.ai (now part of Procore) applies computer vision to construction site monitoring for safety and productivity. It serves overlapping GC customers and competes in the construction-AI monitoring space.
Broad incumbents
- Autodesk Construction Cloud: Autodesk Construction Cloud offers BIM, project management, and analytics for the same enterprise GCs and steel erectors that Versatile serves. As a broad incumbent, it could integrate crane analytics into its platform, competing with Versatile's specialty offering.
- Procore Technologies: Procore is the dominant construction project management platform for enterprise GCs. It overlaps with Versatile at the customer layer and has been expanding into AI-driven site intelligence — a potential competitor and partner.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Versatile, Inc. social profiles
Digital presenceVersatile, Inc. compliance and trust
Trust signalCompliance3 records
Versatile, Inc. financial estimates
Financial estimateRevenue estimate
Valuation estimate
Versatile, Inc. leadership team
Management profileNumber of profiles
Versatile, Inc. funding detail
Funding detailFunding overview
Funding rounds6 records
Investors12 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Versatile, Inc. M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Versatile, Inc.
What does Versatile, Inc. do?
Versatile, Inc. operates an AI-powered crane intelligence platform targeted at the construction industry, with a focus on steel erectors. The company combines proprietary hardware sensors mounted on cranes with a software platform that passively captures crane activity data, eliminating the need for operators to manually log picks, sequences, or delays. The system delivers analytics and real-time visibility into crane utilization and project performance for steel erection and general construction projects.
Is Versatile, Inc. a public or private company?
Versatile, Inc. is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Versatile, Inc. founded?
Versatile, Inc. was founded in 2016. It employs 101 to 250 people.
Where is Versatile, Inc. based?
Versatile, Inc. is headquartered in Los Altos, United States, in the North America region.
How does Versatile, Inc. make money?
One revenue line is on record: saaS Platform Subscription.
Who are Versatile, Inc.'s main competitors?
Direct peers on record are Buildots, OpenSpace, StructionSite, DroneDeploy and Avvir. Emerging players are nPlan, ALICE Technologies and Indus.ai. Broad incumbents are Autodesk Construction Cloud and Procore Technologies.
Does Versatile, Inc. have an API?
No public API is recorded for Versatile, Inc..
What industry is Versatile, Inc. in?
Versatile, Inc.'s product category is Construction Technology Software. Its primary akta.pro industry code is IMAHAJAL, Crane & Hoist Safety & Monitoring Systems (Limiters, Anti-collision, Load Monitoring), with a secondary code of IMAHABAE, Cranes, Hoists & Overhead Material Handling (Industrial). Its NAICS code is 33392 and its SIC code is 3550.