Adaptive

About Adaptive

Adaptive (adaptive.build) is a Boston- and New York–based company building an AI-native project accounting platform for construction that connects field context from project management systems such as Procore with back-office ledgers so finance teams get job-level costs, WIP and billing without endless reconciliation. Founded by Matt Calvano and Henry, Adaptive ships named Project Accounting Agents for field coordination, cost coding, compliance, budget intelligence and WIP that code invoices, draft change orders, prepare billings and chase signatures and collections—while humans approve before anything posts to the general ledger. More than 750 construction companies from about $5 million to $1 billion in revenue run on Adaptive across 10+ accounting systems (QuickBooks, Sage Intacct, Foundation, Acumatica and others), with partnerships with 40+ accounting firms. In September 2026 Adaptive raised $30 million Series B led by Tidemark, with Emergence Capital, Andreessen Horowitz, Pathlight, Definition and 3KVC, bringing total funding to $57 million to expand agents across job costing, AP, billing, WIP, payments and compliance. Sources: Adaptive blog 17 Sep 2026; PR Newswire 17 Sep 2026.