Pype Secures Second Patent and ENR Enterprise Partnerships
September 24, 2019
Pype, a leading software-as-a-service (SaaS) provider for the construction industry has experienced tremendous growth this year following multiple enterprise partnerships with top ENR companies while also securing its second patent, #10417178.
The company has more than doubled its staff following two years of rapid revenue growth, further accelerated by new investments from Pritzker Group and Blackhorn Ventures. Reflective of this accomplishment, the software company has moved its headquarters to the Dulles Tech Corridor of the D.C. metro area. Their new office, located in Herndon, VA, is built to accommodate more than 75 employees as the company expands its family of products and gears up to launch the much needed industry solution, SmartPlans, in the fourth quarter this year.
Pype was recognized as one of Builtworld’s top 50 software companies in 2019 and has become a staple in construction compliance and risk management. Pype’s software integrates with other platforms, such as project management and document management tools, and its solutions are currently used by over 150 of Engineering News Record’s (ENR) top 400 companies. They have recently secured several large enterprise wins including PARIC Corporation, GLY Construction, Flynn Construction, GH Phipps Construction Company, and WE Bowers.
“We have a remarkable team of industry, engineering, and data science experts, and we look forward to everything that will be created in this new era for Pype.”
Karuna Ammireddy, CTO and co-founder of Pype