Bobyard raises $35 million in funding

Bobyard announced a $35 million Series A led by 8VC, with participation from Pear VC, Primary Venture Partners, Tishman Speyer, RXR, Caffeinated Capital and Merrick Ventures.

Bobyard’s proprietary computer-vision technology automates up to 70% of the quantity and material takeoff process, the most time-consuming step in preconstruction. The platform enables contractors to prepare accurate bids in minutes instead of hours. Takeoffs form the foundation of preconstruction, and Bobyard’s trade-specific models interpret blueprints the way seasoned estimators do — turning static drawings into structured data that improves speed, accuracy and competitiveness.

Starting with landscaping, Bobyard has become the platform of choice for commercial contractors across the United States. Contractors report an average 65% reduction in takeoff times, 3–5x more bids submitted per estimator, and more consistent, accurate takeoffs that directly improve win rates and margins.

With this funding, Bobyard will continue advancing its AI models and product capabilities in landscaping while expanding into additional trades including drywall, electrical, HVAC, plumbing and framing.

Founded by Michael Ding, a Stanford-trained engineer and award-winning mathematician, Bobyard is redefining how construction data is created and used. The company’s team brings together computer vision engineers and operators from institutions such as Stanford, Princeton, Berkeley and Virginia Tech. 

“We’re solving some of the hardest problems in computer vision by teaching machines to understand blueprints,” Ding says. “It’s an opportunity to push the boundaries of AI in a field that directly shapes the built environment.”

Headquartered in San Francisco, Bobyard is expanding its engineering and go-to-market teams to accelerate product development and support growth across new trades.