New York construction tech just leveled up. GreenLite secured a $49.5 million Series B, led by Insight Partners with Energize Capital joining in and continued backing from Craft Ventures, LiveOak Ventures, and Chicago Ventures. Stack it together and the company has now raised $86 million across three rounds. Jeff Horing and Insight don’t back just anyone, they back platforms built for scale, and GreenLite is stepping into that territory fast.
The company launched in 2022 from the firsthand frustration of founders James Gallagher and Benjamin Allen. Gallagher’s path runs from leading a Scout Sniper Platoon in Afghanistan to co-founding ventures acquired by Gopuff, Aramark, and Volvo, with a stop at Gopuff Kitchens as Director of Business Expansion & Strategy. Allen brings the discipline of a Naval Academy grad and nuclear engineer, sharpened by a Wharton MBA and capped by scaling Gopuff Kitchens from zero to seventy metros in nine months flat. Together they hit the same wall every developer dreads: permits moving at the speed of red tape. Out of that roadblock, GreenLite was born.
The math is brutal. Permitting delays cost developers more than $40 billion annually, and they remain the top reason projects miss opening dates. GreenLite’s vertical SaaS platform takes on that drag with AI-powered Private Plan Review. It accelerates permit timelines by 75 percent and cuts months down to weeks. Case studies show permits approved in as little as 18 business days without a single municipal revision. For builders, that isn’t efficiency, it’s money in the bank.
The engine is LiteTable, a digital review tool that ingests plan sets, flags compliance issues, and pulls from a deep library of jurisdiction-specific comments. Reinforcement learning models do the heavy lifting while experts ensure precision. The result: faster approvals, fewer revisions, cleaner compliance. Walgreens, O’Reilly Auto Parts, TD Bank, Chick-fil-A, Domino’s, and Chipotle are already onboard. Nearly 100 Fortune 500 have made GreenLite their permitting partner of choice.
Legislation is only adding tailwinds. A quarter of U.S. states have pushed forward Private Plan Review laws in the last three years, fueling an industry that’s grown more than 700 percent in five years. GreenLite is scaling in Florida, Texas, New Jersey, Virginia, Tennessee, and California, while eyeing new verticals in lodging, logistics, multifamily, and clean energy infrastructure.
Fifty employees strong and hiring across engineering, product, sales, and leadership, GreenLite is building the muscle to match its market. With Insight Partners, Energize, Craft, LiveOak, and Chicago Ventures backing James Gallagher and Benjamin Allen, the company has the capital and the conviction to take permits from bottleneck to competitive edge.
