| Acquired by | Autodesk |
| Date | 6/12 |
| Website | velasystems.com |
| Blog | velasystems.com/c... |
| @VelaSystems | |
| Category | Software |
| Phone | 888-835-2797 |
| info@velasystems.com | |
| Employees | 53 |
| Founded | 2005 |
| Description | mobile construction software apps |
| TOTAL | $12M |
| FUNDING TOTAL | $12M |
| Series A, 7/07 Common Angels Commonwealth Capital Ventures LaunchPad Venture Group GrandBanks Capital | $6M |
| Series B, 9/10 Autodesk Commonwealth Capital Ventures GrandBanks Capital | $6M |
Vela Systems software automates the execution and oversight of field activities on construction and capital projects for contractors, architects, engineers and owners.
Instead of carrying a field notebook and paper plans or specs, jobsite users work with Vela software on mobile computers to electronically access documents and to complete QA/QC inspections, worklists, punchlists, field reports, update the Building Information Model, and carry out many other critical field activities. Customers routinely save 5-10 hours per week per user, accelerate project delivery by two days per month, capture the true Cost of Quality® and reduce litigation risk through standardized documentation.
