Rebar Secures $14M Series A Funding to Supercharge AI-Powered HVAC Quote Generation
New York-based startup Rebar announced a $14 million Series A funding round to advance its AI operating system for commercial HVAC suppliers.
Led by Prudence, the investment includes Zero Infinity Partners, Founder Collective, Villain Capital, and Optimist Ventures, announced on March 10, 2026.
Transforming Manual HVAC Estimation with AI
Founded in October 2024 by CEO Evan Brown and Andrew Schwartz, Rebar leverages Brown's five years of hands-on experience as an HVAC estimator.
Brown's background includes summers with his uncle's HVAC distributor and manual blueprint analysis at Johnson Barrow / DMG Corp. before its acquisition.
The company's proprietary computer vision AI analyzes construction blueprints to identify, categorize, and count HVAC equipment for instant bills of materials and quotes.
Clients using Rebar generate quotes 60% to 70% faster, reducing processes from a week to minutes and boosting win rates by 2x to 3x.
Explosive Growth and Proptech Momentum
Rebar doubled annual recurring revenue in early 2026, onboarding dozens of new customers, with seven clients becoming investors.
In proptech, 2025 funding reached $10.5 billion globally, up 17% from 2024, fueled by AI-driven automation in overlooked sectors like HVAC.
CEO Evan Brown noted, “Our AI is trained on millions of HVAC blueprints and mirrors real estimators' workflows,” focusing solely on HVAC unlike broader competitors.
Investor Jordan Viniar from Prudence praised Rebar for compressing manual tasks by over 90%, driving efficiency and revenue.
Future plans include expanding AI agents to plumbing and electrical suppliers, promising broader impact in construction trades.
