Draft:NPlan

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Declined by SafariScribe 4 months ago. Last edited by SafariScribe 4 months ago. Reviewer: Inform author.

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nPlan is a Construction Tech AI company, founded in 2017 by Alan Mosca and Dev Amratia.^[1]. Its core offering is a SaaS platform for Construction Risk Management, Portfolio Risk Management and General AI for Project Execution.

History

nPlan is a UK-based company specializing in utilizing artificial intelligence to improve the accuracy and reliability of construction project forecasts. Founded in 2017 by Dev Amratia and Alan Mosca, the company emerged from the Entrepreneur First accelerator program. The founders identified a significant gap in the ability of traditional project management tools to predict delays and manage risks effectively, leading them to develop AI-driven solutions.

The company's journey began by assembling a comprehensive dataset of past construction project schedules to train their AI algorithms. This database has since grown to include over 750,000 project schedules, making it one of the largest collections of its kind. nPlan's technology leverages this data to provide actionable insights, helping project managers and stakeholders mitigate risks and avoid costly overruns.

Funding

nPlan's early success was marked by securing a seed round of £2.7 million in 2018. In 2020, the company raised an additional $18.5 million in Series A funding, led by GV (formerly Google Ventures).

Awards

Shortlisted by the Royal Academy of Engineering as finalist for the MacRobert award in 2023.^[2]
Techcrunch DT50 Award at Disrupt Berlin 2019^[3]

Dataset

nPlan claims to have collected over 750,000 project schedules ^[4] that it uses to build Machine Learning models that forecast the outcomes of projects.

Barry

At AI Day in May 2023, Alan Mosca revealed Barry, nPlan's AI Agent. It is claimed that Barry can help improve the outcomes of projects by suggesting improvements and design changes ^[5].

AI Day

Since May 2023, nPlan has held an event every 6 months to promote its new developments, called AI Day ^[6]

References

[1] ttps://www.nplan.io/our-story

[2] ttps://macrobertaward.raeng.org.uk/2023-finalists

[3] ttps://techcrunch.com/events/disrupt-berlin-2019/dt50-awards/

[4] ttps://www.bimplus.co.uk/bam-is-first-to-use-nplan-ai-for-portfolio-risk-analysis/

[5] ttps://www.nplan.io/products/barry

[6] ttps://www.nplan.io/events/nplan-ai-day-summer-2024

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