Handle Raises $27M Series B Led by Marbruck to Scale AI Construction Finance and Payments Platform 

Handle, a construction finance and payments platform purpose-built for the building industry, has raised $27 million in Series B funding to expand its AI-powered financial operations system for contractors, suppliers, and large construction networks.

The round was led by Marbruck, with participation from existing backers including Energize Capital, Suffolk Technologies, Liquid 2 Ventures, RXR, and new strategic investor WEX. The financing brings Handle’s total funding to more than $60 million across multiple rounds, reflecting growing investor confidence in vertical AI solutions for complex industrial workflows.

Handle builds an end-to-end financial infrastructure layer for construction companies, a sector where payments are notoriously fragmented and governed by strict compliance rules. Its platform manages lien rights, waivers, invoices, receivables, compliance documentation, and multi-party payment flows across large construction projects. The company’s core goal is to modernize how money moves through construction supply chains, replacing manual paperwork and disconnected financial tools with a unified digital system.

According to the company, more than $160 billion in construction invoices and financial workflows have already been processed through its platform, giving Handle a large dataset of project-level financial activity. This data foundation is central to its strategy of building AI systems that can automate compliance-heavy financial tasks and improve visibility across multi-layered payment structures.

Handle was founded by Patrick Hogan, Blake Robertson, and Chris Woodard, entrepreneurs with experience in construction technology and financial workflow automation. The company’s leadership team has focused on solving a long-standing industry problem: construction payments involve complex legal requirements, including conditional waivers, retainage tracking, and lien documentation that vary across jurisdictions and project types.

The platform is used by major industry players such as Ferguson, The Home Depot supply chain businesses, Cemex, ABC Supply, Floor & Decor, US LBM, Herc Rentals, and other large construction and materials companies. These customers rely on Handle to reduce payment delays, minimize compliance risk, and streamline financial operations across large vendor networks.

Handle’s system functions as both a financial workflow engine and an AI-powered data platform. It not only automates payment processes but also builds structured financial intelligence across projects, enabling companies to track risk exposure, cash flow timing, and documentation status in real time. This combination of automation and analytics is central to its positioning as a “financial operating system” for construction.

The newly raised capital will be used to expand Handle’s payments infrastructure, strengthen AI-driven workflow automation, and scale its enterprise offerings across North America and international markets. The company is also expected to invest in deeper integrations with enterprise resource planning systems and financial institutions to further embed itself into construction finance workflows.

Investor interest in Handle reflects a broader trend toward vertical software platforms that target complex, regulation-heavy industries. Construction finance, in particular, has been slow to digitize due to fragmented stakeholders and highly specialized compliance requirements, making it a strong candidate for AI-driven transformation.

With its latest funding round, Handle is positioning itself as a core infrastructure provider for construction finance, aiming to become the system that powers payments, compliance, and financial intelligence across one of the world’s largest and most operationally complex industries.