H2Corporation Raises Pre-Series A Extension Round Led by New Enterprise Associates (NEA) to Revolutionize Global Construction with an AI-Native System of Record
Tokyo, Japan — H2Corporation, the developer of the world’s most advanced AI platform for construction takeoffs, estimation, and order management, today announced the close of its Pre-Series A Extension funding round. The round was led by NEA (New Enterprise Associates), the $28B AUM global venture capital firm, with participation from all existing investors, including Spiral Capital, JAFCO, MetaProp, One Capital, and Boost Capital.
This investment marks a pivotal moment not just for H2Corporation, but for the global construction technology landscape. It validates our conviction that the largest enterprises in the industry require domain-specific AI and a fully integrated, customizable suite of systems of record, rather than cookie-cutter SaaS solutions.
The construction industry faces a universal challenge: it is one of the largest sectors in the global economy, yet it remains one of the least digitized and automated. For decades, "innovation" has meant slightly better spreadsheets, clunky legacy software, and rigid SaaS products.
H2Corporation is changing that.
Our flagship product, AISekisan Platform (AISP), is the culmination of work with the industry's largest materials and component manufacturers, distributors, general contractors, and trades. AISP is an AI-native system of record for construction quoting and ordering. It is an integrated suite of modules that powers automation and risk reduction across takeoff, quoting and orders workflow.
Customers rely on AISP to power hundreds of thousands of takeoffs and quotes, allowing them to replace legacy systems faster and more cost-efficiently than ever before.
In the last year, H2Corporation has experienced significant growth, expanding 500% year-over-year, with projections to exceed 300% growth in the coming year. Our technology has become the standard for major construction materials manufacturers, distributors, general contractors, and sub-contractors.
Although our roots are in Japan, our vision has never been limited to Japan.
"From day one, we built this company to be a global leader," said Hiro Kawashima, CEO of H2Corporation. "The problems we are solving—labor shortages, workflow inefficiencies, and constraints imposed by legacy systems—are not unique to Japan; they are global crises. With the support of NEA, we strive to become the backbone of construction globally."
The participation of NEA, a firm that has backed technology titans like Salesforce, Databricks, and Cloudflare, signals a strong vote of confidence in H2Corporation’s technology and global potential.
“H2Corporation is tackling one of the most persistent pain points in the global construction industry—manual, error-prone takeoffs and estimations that waste time and resources amid severe labor shortages. With their proprietary AI models achieving 99% accuracy and 10x efficiency gains, H2 has built a vertical platform that’s not just innovative, but essential for enterprises looking to modernize. Hiro and Tung’s complementary expertise, combined with rapid traction in Japan and clear paths to US expansion, positions H2 to become the de facto standard worldwide. We’re thrilled to lead this round and partner with them to scale this transformative technology.” said Andrew Schoen, Partner at NEA.
We will use this capital to accelerate our mission: To build technologies that can make construction 10X more efficient.
We are H2Corporation.
About H2Corporation
H2Corporation was founded in 2020 with a mission to support a growing construction industry that is losing workers every day with new technologies that can make operations 10X more efficient.
Today, we are a global team of 100 engineers and technologists focused on building the next generation of takeoff and quoting platforms for construction globally. For more information, please visit https://www.h2corporation.co.jp/
About NEA
New Enterprise Associates, Inc. (NEA) is a global venture capital firm focused on helping entrepreneurs build transformational businesses across multiple stages, sectors and geographies. Founded in 1977, NEA has more than $28 billion in assets under management as of June 30, 2025 and invests in technology and healthcare companies at all stages in a company’s lifecycle, from seed stage through IPO. The firm's long track record of investing includes 284 portfolio company IPOs and more than 500 mergers and acquisitions. For more information, please visit www.nea.com.
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