Tyce: Product, team and how it was built
Tyce (AI for construction preconstruction: reads drawings, specifications and bids, flags scope gaps and contract risks, and drafts proposals, Canada): Selling annual subscriptions to contractors, October 2026. Evidence grade E: no revenue figure was checked. Team: 2 co-founders (CEO and CTO); headcount not published; the October 2026 pre-seed round pays for the engineering team. Launched May 2025; still running.Added 7 November 2026
- Outcome
- Selling annual subscriptions to contractors, October 2026
- Evidence
- E no revenue figure was checked
- Launch
- May 2025
- Status
- Still running
- Team
- 2 co-founders (CEO and CTO); headcount not published; the October 2026 pre-seed round pays for the engineering team
- Outside funding
- Pre-seed round led by BDC's Thrive Venture Fund and the MaRS Investment Accelerator Fund, reported in October 2026 (amount as stated by Dealroom News and the CEO)
- Main channel
- Not stated
What is not verified
No revenue figure was found. Dealroom News, Signalbase, the company's site and its terms give no revenue, customer count or contract value; one customer, Eastern Construction, is named by Dealroom, and no statement by that contractor itself was found. The sources do not agree on the round's exact amount (Dealroom gives US$2.05M and US$1.99M; the CEO's post as quoted by Signalbase gives US$2M). No source gives a founding date or a headcount; the earliest dated record is the Internet Archive copy of tyce.io from 8 November 2024. A reader could look for an Ontario or federal corporate registration, a customer case study with figures, or a founder interview. This story is grade E: the business is real and its product, price and customers are described from public pages, but no revenue figure was checked. Aiolum shows it as an idea worth studying, not as proof that it makes money.
Tyce is a Toronto company that sells AI software for preconstruction, the work a contractor does before building starts: reading the tender documents, estimating the cost, collecting prices from trades and writing the proposal. It links the drawings, the specifications, the addenda (changes to the tender documents issued during bidding) and the trade bids into what it calls a context graph, and flags scope gaps, work that the drawings require but no trade bid covers. It also supports bid levelling, putting the bids of several subcontractors side by side on the same scope.
The company page names Lylia Djait-Paulien (CEO) and Anuar Yeraliev (CTO) as the founders. Internet Archive copies show an AI page for sales documents at tyce.io in November 2024, a general "AI Agent for Smarter Documents" with sign-up in May 2025, and the construction product by 2026. Dealroom News reported on 22 October 2026 that Tyce had raised a pre-seed round of US$2.05M led by BDC's Thrive Venture Fund and the MaRS Investment Accelerator Fund, and that it "sells annual subscriptions tiered by company size and usage".
No revenue figure was found, so this story is grade E: the headline is a status, that the product is sold as annual subscriptions, not money. A general contractor's report of at least 40% less bid time is a customer outcome, not revenue.
How much revenue does Tyce make?
Each row shows the evidence grade and the source numbers from the list at the end of this page. The grades are explained in How Aiolum verifies.
| Fact | Value | Grade | How we know | Sources |
|---|---|---|---|---|
| Status, October 2026 | sold as annual subscriptions, tiered by company size and usage | C | Dealroom News, 22 October 2026: "Tyce sells annual subscriptions tiered by company size and usage, with no per-project fee." The terms of service (revised 15 May 2025) say customers pay the fees in an Order Form and are invoiced at the start of each renewal term. | [1, 7] |
| Named customer | Eastern Construction, a general contractor in Ontario | C | Dealroom News: the contractor "reported cutting bid and project-management time by at least 40%", and its chief executive is quoted: "Tasks that took our preconstruction team five hours now take 15 minutes." This is a customer's time saving, not revenue. No statement by the contractor itself was found. | [1] |
| Founders | Lylia Djait-Paulien (CEO) and Anuar Yeraliev (CTO) | C | Company page: "Lylia and Anuar, the founders", with backgrounds "in corporate innovation and AI research". Dealroom calls Lylia Djait-Paulien chief executive officer and co-founder. | [4, 1] |
| Team | 2 founders shown; headcount not published | C | The company page shows only the two founders. Dealroom News says the round "will fund Tyce's engineering team, AI models, and North American expansion". No source gives a headcount. | [4, 1] |
| Funding | pre-seed round led by BDC's Thrive Venture Fund and the MaRS Investment Accelerator Fund | C | Dealroom News (22 October 2026) gives US$2.05M in its text and US$1.99M in its headline; Signalbase (19 October 2026) quotes the CEO's post: "Tyce raised $2M pre-seed". The two sources do not agree on the exact amount or currency. | [1, 2] |
| First archived page | 8 November 2024, tyce.io | B | Internet Archive copy: "Sell more, Win more. Sales teams can generate high quality sales content - pricing, proposals, SOWs - within minutes." The page title shows a Framer landing-page template. | [8] |
| First archived page with sign-up | 18 May 2025, tyce.ai | B | Internet Archive copy: "The AI Agent for Smarter Documents", with Get Started and sign-up links and a pricing link. Not yet aimed at construction. | [8] |
| What the CEO says customers gained | 40% efficiency gains; 5-hour tasks cut to 15 minutes | C | The CEO's funding post, as quoted by Signalbase on 19 October 2026. The same post says customers caught "$500K+ in critical scope gaps" on a single project; that is a customer's saving as stated by the CEO, not Tyce's revenue. Dealroom says Tyce has not published accuracy or win-rate figures. | [2, 1] |
| Integrations | documents from Procore and Autodesk Construction Cloud; output to Excel | C | Dealroom News. The technology page says Tyce syncs with the company's file systems, so a new addendum or RFI appears automatically. | [1, 5] |
| AI model provider | not named | C | The security page says "Company data is not used to train LLM models", and Dealroom says part of the round pays for "AI models". No page names the model provider. | [6, 1] |
| Prices | not published today; February 2026 copy: free, US$20 a month, or by demo | B | See the pricing table. The current site has no pricing page. | [9, 1] |
| Time from the first archived sign-up page to the October 2026 status | 17 months | calc | Calculated: May 2025 to October 2026. | [8, 1] |
How to read this table: a grade C value is the company's own statement (its site, its terms) or a news write-up of its announcement. A grade B value is an independent record: dated Internet Archive copies of the company's pages. A "calc" value was computed on this page. No value is grade A.
| Plan | Per month, billed yearly (US$) | Per month, billed monthly (US$) | Limit |
|---|---|---|---|
| Annual subscription, October 2026 | not published | not published | tiered by company size and usage; no per-project fee (Dealroom News) |
| Starter, February 2026 copy | 0 | 50 credits | |
| Individual, February 2026 copy | 20 | 500 credits | |
| Company, February 2026 copy | not published | not published | by demo; integrations, dynamic templates, team collaboration, SSO |
On 7 November 2026 the site has no pricing page (tyce.ai/pricing answers 404) and sells through "Book a demo". Dealroom News wrote on 22 October 2026 that Tyce "sells annual subscriptions tiered by company size and usage, with no per-project fee", and that setup and training usually take a few weeks. The terms of service say fees are set in an Order Form and that price changes take effect at the start of a renewal term. The Internet Archive copy of 7 February 2026 shows the earlier general document product with a free plan, an Individual plan at US$20 per month and a Company plan by demo; no copy says whether the US$20 was billed monthly or yearly.
When did Tyce launch, and how did it grow?
From an AI page for sales documents in 2024 to a preconstruction product sold on annual contracts in October 2026. Each entry carries its grade.
- 8 November 2024Btyce.io shows an AI page for sales teams: "generate high quality sales content - pricing, proposals, SOWs - within minutes". [8]
- 15 May 2025CThe terms of service carry this revision date, with accounts, Order Forms and renewal terms. [7]
- 18 May 2025Btyce.ai offers "The AI Agent for Smarter Documents" for any business, with sign-up, search, generation and review of documents. [8]
- 7 February 2026BThe pricing page lists a free plan, an Individual plan at US$20 per month and a Company plan; its menu lists civil engineering, data centers and construction among the industries. [9]
- 19 to 22 October 2026CSignalbase and Dealroom News report the pre-seed round led by BDC's Thrive Venture Fund and the MaRS Investment Accelerator Fund; Dealroom says Tyce sells annual subscriptions and names Eastern Construction as a customer. [2, 1]
- 7 November 2026CThe site presents Tyce as "The Intelligence Layer for the Built World" for construction firms and has no pricing page. [3]
Why did Tyce work?
Four causes, in the order they mattered. Each one is a reusable lesson.
Narrow from all documents to one trade
The 2025 product drafted any business document. By 2026 the site speaks only to construction: go or no-go decisions on a pursuit, estimates, bid levelling, scopes of work and contract risk. A narrow buyer has the same document types on every project, so the software can learn their structure.
Reuse the firm's own past work
The home page says Tyce indexes the firm's past bids, proposals, RFPs and contracts and uses them on every new pursuit, for example to compare a new estimate with weighted past projects or to write a proposal in the firm's voice.
A citation for every flag
Dealroom reports that each flag shows the exact sheet, specification section or page it came from, and the technology page says every answer links back to its source. An estimator can check a flag in seconds instead of trusting it.
Annual contracts by company size
Dealroom reports annual subscriptions tiered by company size and usage, with no fee per project, and setup that takes a few weeks. The terms invoice at the start of each renewal term.
How it was built
These details come from the company's own pages, its terms, Dealroom News and the page source of its website. They are grade C unless marked. [5, 3, 1, 6, 8]
- A pipeline that parses each drawing, specification and contract, extracts entities and links them across documents, with OCR for scanned and hand-marked pages and search by keyword, meaning and visual likeness.
- Agents that work over this context graph and produce Word, Excel or PDF files in the firm's own templates.
- Document import from Procore and Autodesk Construction Cloud, and sync with the customer's file systems.
- Single sign-on, encryption in transit and at rest, and a statement that customer data is not used to train models.
- The current site is a Next.js application with images served from Sanity's content delivery network; the 2024 page used a Framer template (both visible in the page source, grade B).
- No page names the language model or the cloud provider.
Who tried this before Tyce, and why did they fail?
Three companies in our database of failed startups promised to remove waste from construction with technology and failed. The values below are from that database and are not independently verified.
Katerra
The promiseOne company for the whole building process, from design and factory-made parts to construction.
Why it diedIt built factories and supply chains before it had enough customers, then bought other companies and went bankrupt.
Pro.com
The promiseA platform that matched homeowners with reliable contractors and managed renovation projects end to end.
Why it diedLarger home-services platforms took the market, and a service that needed many people did not scale across regions.
Social Construct
The promiseFaster and cheaper housing through a technology-driven way of building.
Why it diedIt expected to scale faster than construction rules and the pandemic allowed, and ran out of money.
The failed startups come from our database of 1,749 dead startups, retold here in our own words. Its entries are AI-assisted summaries of public sources, so these cards carry no evidence grade.
What changed
The three predecessors tried to change how buildings are built or bought: their own factories, a contractor marketplace or a new construction method. Each needed large capital and the cooperation of an industry that changes slowly.
Tyce changes nothing on the building site. It reads the documents that contractors already receive for every bid, which large language models can now parse, search and summarize without a custom parser for each document type. The open question is whether contractors keep paying once the first efficiency gain is reached, which no source answers yet.
Can one person copy Tyce now?
Not as a solo project, and not without construction contacts.
The product needs document parsing for drawings and scanned pages, integrations with Procore and Autodesk, setup for each firm, and trust from estimators who are paid to find mistakes. The founders raised outside money from a government-backed fund and an accelerator fund. The method can be copied in a smaller trade where one person knows the documents well.
Where it is still open: Specialty subcontractors (electrical, mechanical, roofing), public tenders in other countries, insurance claims on buildings, and engineering firms that answer requests for proposals.
- 1Pick one trade where each job comes as a large set of documents that people read page by page.
- 2Build the check that finds what is missing (scope gaps, exclusions, risky clauses), with a link to the source page for each finding.
- 3Load the customer's own past jobs, so every new estimate or proposal is compared with its history.
- 4Sell an annual contract by company size, with a few weeks of setup, instead of a fee per project.
What could go wrong for Tyce?
The risks are the mirror image of the causes above.
What is not verified
No revenue figure was found. Dealroom News, Signalbase, the company's site and its terms give no revenue, customer count or contract value; one customer, Eastern Construction, is named by Dealroom, and no statement by that contractor itself was found. The sources do not agree on the round's exact amount (Dealroom gives US$2.05M and US$1.99M; the CEO's post as quoted by Signalbase gives US$2M). No source gives a founding date or a headcount; the earliest dated record is the Internet Archive copy of tyce.io from 8 November 2024. A reader could look for an Ontario or federal corporate registration, a customer case study with figures, or a founder interview.
Trust signals on the company's pages
The home page shows ten logos under "Customers and partners"; eight of them are labelled only "Customer logo 1" to "Customer logo 8", and no source names those companies. The two quoted testimonials carry a name, a role and a company. One of them, from MaisonMTL, appeared in the May 2025 copy with the title "Principal" and a quote about properties he manages, and appears today with the title "Proposal Manager" and a different quote about proposals. The May 2025 copy also showed testimonials from people at Ernst & Young, IBM and other firms that the current site no longer shows. The legal name differs between pages: "Tyce Technologies Inc." in the footer, "Tyce AI, Inc." in the terms and "Tyce.ai Corporation" in the February 2026 copy.
Competition
Dealroom names Quotr and LightTable as funded competitors in bid and drawing review, and Procore and Autodesk own the platforms that Tyce imports from. On this site Blueprint Crusher parses tender documents for cost estimates, while Tyce also levels trade bids, checks contract terms and drafts proposals.
Dependence on model providers
No page names the language model that Tyce uses. The security page says customer data is not used to train models, and Dealroom says part of the round pays for AI models. A change in price or terms at the unnamed provider would reach Tyce's costs, and buyers who require a named provider must ask the company.
Sources
The grade next to each source is the best grade that the source can support. "Read in full" means that the text of the page was downloaded and the numbers were checked in it.
- C Dealroom News, 22 October 2026: Tyce raises $1.99M to automate contractors' bid reviewRead in full, from the copy the pipeline downloaded on 7 November 2026. A news write-up of the round. Source for the investors, the annual subscriptions, the named customer, the integrations and the competitors.
- C Signalbase, 19 October 2026: Tyce Raises $2.0M Pre-Seed to Help Contractors Win Big ProjectsRead the free part in full. A funding note that quotes the start of the CEO's own announcement post; the rest is behind a paywall and was not read.
- C Tyce home page, read 7 November 2026Read in full, including the page source. Source for the product sections, the testimonials and the logo strip.
- C Tyce company page, read 7 November 2026Read in full. Source for the founders and the company story.
- C Tyce technology page, read 7 November 2026Read in full. Source for the document parsing, the context graph, the agents and the citations.
- C Tyce security page, read 7 November 2026Read in full. Source for single sign-on, encryption and the statement on model training.
- C Tyce Terms of Service, last revised 15 May 2025, read 7 November 2026Read the sections on accounts, fees, payment and price changes. Source for the Order Form and the renewal terms.
- B Internet Archive copies of tyce.io, 8 November 2024, and tyce.ai, 18 May 2025Read both copies in full. Source for the first sales-document page, the general document product with sign-up and the earlier testimonials.
- B Internet Archive copy of the tyce.ai pricing page, 7 February 2026Read in full. Source for the free, Individual and Company plans and the industries menu.
- C Database of failed startups, local exportLocal export. AI-written summaries, not independently verified. Source for the failed predecessors.
Run this company? Send corrections or a verified figure to aiolum@livyden.com