Kahua sells construction-management software to owners and delivery teams running complex capital programs. The company announced a minority growth investment from Bain Capital Tech Opportunities at a valuation above $1 billion, but it did not disclose the amount invested.
The platform connects capital planning and funding with bids, design, budgets, cash flow, contracts, change orders, schedules and site information. Teams can then carry project data through commissioning and closeout into records that building operators can use after handover.
Kahua markets the system to federal and local governments, transportation authorities, schools, health systems, real estate operators, data centers, utilities and contractors. Its pitch is that those organizations can coordinate internal teams and outside partners in one governed record instead of relying on fragmented systems and disconnected processes.
The company says it serves more than 2,500 customers and supports more than $400 billion of capital programs on its platform. That second figure measures the value of customers’ projects, not Kahua’s revenue. Kahua separately reported reaching $100 million in annualized revenue, without defining the metric further.
The valuation provides a concrete new benchmark for Kahua. The announcement doesn’t say how much capital went onto the company’s balance sheet, whether existing holders sold shares or what percentage of the business Bain acquired.
Kahua said the partnership would support product and AI development, sales, customer success and hiring. Its site also says the entire platform has held FedRAMP Class C certification for federal use since 2022 and keeps project data within that authorized environment when customers use Kahua’s AI tools.
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