# PermitFlow

> PermitFlow is a New York-based construction technology company building an AI platform that automates the permitting lifecycle - from jurisdiction research and application prep to submission, tracking, inspections, and license management. Founded in 2021 by Francis Thumpasery and Samuel Lam, the company says its software has powered more than $20 billion in construction value and cuts approval times roughly in half for builders like Lennar, Amazon, IKEA, and Toll Brothers. It raised a $54M Series B led by Accel in December 2025, bringing total funding to about $90.5M.

- **Founded:** 2021
- **Headquarters:** New York, New York, United States
- **Founders:** Francis Thumpasery (Co-founder & CEO), Samuel Lam (Co-founder & CTO)
- **Team size:** ~110 employees
- **Products:** Permitting, Inspections & Closeouts, License & Registration Management, AI Agents
- **Notable:** Powered more than $20 billion in construction value since 2021, Serves 7,000+ jurisdictions across the United States, Built a proprietary dataset of 12M+ municipal data points

## Products & services

- **Permitting** — End-to-end permit management - AHJ research, application preparation, submission, and status tracking across jurisdictions.
- **Inspections & Closeouts** — Scheduling and managing inspections and project closeout workflows.
- **License & Registration Management** — Tracking and renewing contractor licenses and registrations across states and municipalities.
- **AI Agents** — A suite of specialized agents - Intake, Research, Submission, Coordination, and Issuance - that automate steps across the permitting lifecycle.

## Achievements

- Powered more than $20 billion in construction value since 2021
- Serves 7,000+ jurisdictions across the United States
- Built a proprietary dataset of 12M+ municipal data points
- Reports 2.5x faster permit approvals and 5x ROI for builders
- Raised ~$90.5M total across Seed, Series A, and Series B
- Earned trust of major builders including Lennar, Amazon, IKEA, and Toll Brothers

## Latest updates

- **2025-12** — Raised $54M Series B led by Accel to expand its AI agent suite across permitting, inspections, and license management.
- **2024-02** — Raised $31M Series A led by Kleiner Perkins, described as building the 'TurboTax for construction permitting.'
- **2023-05** — Raised $5.5M seed round led by Initialized Capital to advance permitting automation.

## Links

- Website: https://permitflow.com
- LinkedIn: https://www.linkedin.com/company/permitflow
- Twitter/X: https://twitter.com/permitflow
- YouTube: https://youtube.com/@permitflow
- Facebook: https://www.facebook.com/permitflow

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Profile page: https://yespress.io/permitflow
Published by YesPress — https://yespress.io
Last updated: 2026-06-07