New York City, September 16, 2025
News Summary
GreenLite, a New York City construction technology firm, secured $49.5 million in Series B funding to scale its AI plan review platform LiteTable and enter new verticals including lodging, logistics, clean energy, multifamily and residential development. The capital will support product development, sales expansion and hiring across engineering, product, operations and go‑to‑market teams. GreenLite’s LiteTable ingests plan sets, flags code issues, and surfaces jurisdiction‑specific guidance from a proprietary comment library to speed permitting and reduce rework. The company serves commercial customers and local governments and aims to expand Private Plan Review adoption at scale.
GreenLite raises $49.5 million to scale AI plan review and push into new construction markets
GreenLite, a New York City–based construction technology firm founded in 2022, announced a Series B funding round of $49.5 million on September 15, 2025. The round was led by a global software investor and included several venture firms. The company said it will use the money to expand sales, hire engineers and product staff, and move into new sectors such as lodging, industrial logistics, clean energy infrastructure and residential development.
What the company does now
GreenLite builds software to speed up permitting and code review for builders, developers and local governments. Its main product, called LiteTable, is an AI‑driven plan review tool that quickly reads plan sets, spots potential code issues, and points users to guidance drawn from the company’s growing library of compliance comments. The platform is designed to cut revisions and reduce long waits for approvals, with company materials saying permit timelines can be shortened by roughly 75% and that permits can be delivered in days, not months.
How the technology is positioned
The firm pairs automated review tools with a proprietary database of jurisdiction‑specific compliance comments and an in‑house staff of architects, engineers and plan examiners. GreenLite offers an alternative known as Private Plan Review (PPR), where qualified third‑party experts carry out official code checks instead of the public building department. The company presents this model as a way to relieve busy building departments that are facing labor shortages and backlogs.
Market context and claims
GreenLite’s materials point to rising demand for construction and strained local permitting offices as drivers of interest in technology and policy changes that allow private plan review. The company claims to be the only private provider combining regulatory expertise with AI at a national scale. It also notes that nearly a quarter of U.S. states have advanced legislation for PPR in the past three years, a development the company says supports broader adoption.
Customers, scale and staff
The company says it serves close to 100 Fortune 500 customers, including several large retail and banking names, and works with local governments and commercial developers. GreenLite currently employs roughly 50 full‑time staff and is actively hiring across engineering, product, sales, marketing, operations and executive roles.
Funding details and investor profile
The funding round was led by a New York City–based global software investor, noted for backing high‑growth technology companies. The round also included participation from multiple venture firms. The lead backer manages a large portfolio, with stated assets under management exceeding $90 billion as of the end of 2024 and a history of investing in hundreds of software companies.
Planned use of proceeds and expansion
GreenLite plans to scale go‑to‑market work and expand into new verticals this year, specifically naming lodging, logistics, multifamily and clean energy infrastructure as priorities. The company said the capital will also further develop its AI compliance platform and support hires intended to grow product and operations capacity.
Why this matters
Longer permitting timelines and understaffed building departments are often cited as bottlenecks that slow construction and add cost. By offering an AI‑assisted private review option and a rich library of compliance comments, GreenLite aims to reduce uncertainty, lower the number of plan revisions and speed project starts. If widely adopted, the approach could reshape parts of the construction and permitting workflow for both private builders and public agencies.
Quick company snapshot
- Company: GreenLite (GreenLite Technologies, Inc.)
- Founded: 2022
- Headquarters: New York City
- Founders: Two former executives from a major delivery startup
- Product: LiteTable (AI‑powered digital plan review)
- Employees: About 50 full‑time
- Funding: Series B, $49.5 million (announced Sep 15, 2025)
- Lead investor: Global software investor with large AUM and a broad portfolio
- Target customers: Retailers, REITs, quick‑service restaurants, industrial developers, home builders, banking and local governments
FAQ
What is LiteTable?
LiteTable is GreenLite’s AI tool that reads building plans, flags code compliance issues, and links each flag to guidance from a proprietary comment library tailored to specific jurisdictions.
What is Private Plan Review (PPR)?
PPR is a process where qualified third‑party experts perform official plan and code reviews instead of the public building department, intended to speed approvals and reduce backlogs.
How will the new funding be used?
The company says the funds will expand go‑to‑market efforts, support hiring across functions, and accelerate product development and expansion into lodging, logistics, clean energy, and residential markets.
Who invests in the round?
A global software investor led the round, joined by several venture firms. The lead investor manages a large portfolio of software companies and reported assets under management above $90 billion as of the end of 2024.
Who uses GreenLite today?
GreenLite serves commercial customers, large retailers, banks and developers. The company reports work with many Fortune 500 firms and with local governments on private review programs.
Does the company plan to hire?
Yes. The company reported about 50 employees today and is hiring across engineering, product, sales, marketing, operations and executive teams.
Key features at a glance
| Feature | Description | Impact |
|---|---|---|
| LiteTable | AI tool that ingests plan sets and flags compliance issues using a proprietary comment library. | Reduces manual review time and lowers the number of plan revisions. |
| Private Plan Review (PPR) | Third‑party code review model that can act in place of public building departments. | Speeds approvals and helps relieve municipal backlogs. |
| Proprietary comment library | Growing database of jurisdiction‑specific compliance comments used to match flags to guidance. | Provides consistent, repeatable guidance tied to local rules. |
| Vertical expansion | Plans to enter lodging, logistics, clean energy, multifamily and residential markets. | Broadens addressable market and adapts the platform to new project types. |
| Scale and staffing | About 50 employees today with active hiring across multiple teams. | Supports faster feature development and wider customer support. |
Deeper Dive: News & Info About This Topic
Additional Resources
- PR Newswire: GreenLite raises $49.5M Series B
- Wikipedia: GreenLite (search)
- TheSaaSNews: GreenLite raises $49.5M Series B
- Google Search: GreenLite Series B 2025
- Forbes: Pam Bondi and DOJ sue New York over Green Light law
- Google Scholar: Pam Bondi Green Light Law lawsuit
- Times Union: DOJ argues NY’s Green Light law
- Encyclopedia Britannica: Green Light Law New York (search)
- City & State NY: DMV defends Green Light law
- Google News: New York Green Light Law DMV defends immigrants
Author: Construction CA News
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