Wyre AI, a Washington, DC–based construction technology startup, has raised $5 million in a seed round led by Ironspring Ventures to scale its AI-powered document intelligence platform for preconstruction teams. The platform automates preconstruction tasks by analyzing drawings and specifications to generate structured project scopes and identify potential risks.
Wyre AI funding and investors
The round was led by Ironspring Ventures and included participation from WND Ventures, the corporate venture arm of DPR Construction, and the Virginia Innovation Partnership Corporation (VIPC). Angel investors in the round include former Autodesk CEO Amar Hanspal, Egnyte co-founder Rajesh Ram, and Joseph Khoury, Vice President of Preconstruction at MCN Build. The funding date is listed as September 10, 2026.
Wyre AI said it will use the capital to accelerate research and development of its platform and to expand its go-to-market team to support demand from general contractors, subcontractors, and construction managers. The company’s website is https://wyreai.io.
Founded by Sunil Dorairajan, who co-founded Pype prior to its acquisition by Autodesk, Wyre AI provides AI-powered tools for preconstruction scope development and risk management. The platform is designed to help construction teams identify scope gaps and document conflicts earlier, enabling faster bidding and better protection of project margins.
Funding details: Company: Wyre AI; Raised: $5M; Round: Seed; Lead investor: Ironspring Ventures.
