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Exclusive: AI-Powered Construction Procurement Startup Lands $20M Series A

Parspec, a startup using artificial intelligence to improve efficiency in the construction industry supply chain, has raised $20 million in a Series A funding, the company told Crunchbase News exclusively. The company aims to help sales agents and wholesale distributors “efficiently bid and supply” construction products. The company claims its key differentiator is its ability to “instantly identify products available in the market that satisfy complex specifications provided by the customer” us...

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