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§ Private Profile · New York City, NY, USA
Cloud-based platform for architecture and design professionals to research, compare, specify building materials, with AI tools for ethical sourcing.
Based in Manhattan, New York, Acelab operates a cloud-based business-to-business platform that enables architecture, engineering, and construction professionals to research, compare, and specify building materials. The company provides a centralized digital workspace that connects design firms directly with manufacturers, hosting a database of more than 7,000 building products. The software streamlines material management and includes an artificial intelligence-powered tracking solution developed to monitor ethical sourcing and combat forced labor in global supply chains. Operating with an estimated 51 to 100 employees, the enterprise has raised $5.3 million in seed funding from venture capital backers including Pillar VC, Alpaca VC, and Draper Associates. Acelab also collaborates with organizations like the Grace Farms Foundation to implement its specialized supply chain compliance tools. The technology company was founded in 2020 by co-founders Vardhan Mehta and Dries Carmeliet.
Acelab has raised $30.8M across 4 funding rounds.
Acelab has raised $30.8M in total across 4 funding rounds.
Acelab has raised $30.8M in total across 4 funding rounds.
Acelab's investors include Navitas Capital, Boost VC, Draper Associates, Pillar VC, Steve Kaufer, Christopher Sharples, Kai-Uwe Bergmann, Ken Lang, Sharon Prince, DivcoWest, Ajey Kaushal, Klingenstein Fields.
Acelab is a New York–based technology company that builds an AI-powered building‑product discovery and specification platform for architecture, engineering, and construction (AEC) professionals, aiming to streamline product research, comparison, and specification workflows across projects and firms.[1][5]
High‑Level Overview
Origin Story
Core Differentiators
Role in the Broader Tech Landscape
Quick Take & Future Outlook
Quick reminder: figures such as product‑count and user adoption are reported differently across sources (e.g., ~25,000 vs ~39,000 products; “more than 7,000” practices cited), reflecting either product growth over time or differing measures; the statements above cite the company and industry reporting.[1][5][2]
Acelab has raised $30.8M across 4 funding rounds. Most recently, it raised $17.0M Series A in September 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 1, 2025 | $17M Series A | Navitas Capital | Boost VC, Draper Associates, Pillar VC, Steve Kaufer, Christopher Sharples, KAI UWE Bergmann, KEN Lang, Sharon Prince, DivcoWest, Draper Round Table, Ajey Kaushal, Klingenstein Fields, PJC, Transcend Partners | Announced |
| Aug 3, 2023 | $5.3M Venture Round | TIM Draper, Parker Mckee, PJC | Erik Jarnryd, KEN Lang, Steve Kaufer, Branagh Construction, Klingenstein Fields, Transcend Partners, Westview Capital Partners | Announced |
| Jul 1, 2023 | $5M Series U | — | Boost VC, Draper Associates, Pillar VC, BIZ Stone, ED Baker | Announced |
| Jul 14, 2021 | $3.5M Seed | Pillar VC | Erik Jarnryd, Alpaca VC, Draper Associates, Mitú, Transcend Partners | Announced |