SaaS startups have become the darling of Venture Capital investors, especially in the Construction industry. Over the past decade, software has proverbially “eaten the world” and SaaS companies have scaled to become unicorn corporations in staggering amounts of time.
In this article, we are examining 23 VC funded SaaS startups in the Construction industry.
Briq lets our clients take charge of the intricate financial procedures involved in building by automating workflows from the planning stage through payments. To enable more accurate planning and forecasting of company results, Briq automates data entry and transforms it into easily assimilated, actionable insights. Currently, Briq offers three solutions that are all aimed towards the construction industry's financial stack: Organizing & Prediction Management of Spend Receivables and Billings Briq was created to simplify the work of financial experts in the construction industry and increase contractor profitability. Briq provides a full range of contemporary technology for the industry, helping to update the financial tech stack. We work with businesses to improve fees, avoid fee decay, and maintain overhead expenses.
The construction and real estate sectors are among the biggest and most established in the world, yet Capmo is the premier B2B SaaS firm transforming them. We have received several accolades for being among the most cutting-edge digital firms in the construction industry, and in only three years, our company has grown to around 70 people from more than 15 different nations. We will establish the digital future of the construction sector in Germany, Austria, and Switzerland by the end of 2022 to enable the timely, cost-effective, and CO2-efficient building of, among other things, homes, schools, and hospitals. In 2018, the Munich-based software firm was established. Tens of thousands of users and several hundred clients in Europe now rely on Capmo's digital solution and utilize the software to carry out well over 10,000 building projects.
Best-in-class software is offered for multi-unit building projects by CEMENTO (Techstars '18). Cemento helps developers and contractors to construct better-quality structures more quickly by utilizing military technology. Cemento has offices in New York, Atlanta, and Tel Aviv, and their software is presently being used on more than $3 billion worth of projects.
A photo-based system called CompanyCam was developed exclusively for contractors. Take as many pictures as you like; all of them will be time- and location-stamped, transferred to the cloud, and saved safely. Every image is arranged by project and made instantly accessible to your team, enabling you to see what's happening whenever and wherever you are. Create project timelines, photo galleries, reports, and transformation photographs with the app, and add drawings, arrows, comments, tags, and voice notes to photos. It has never been simpler to manage your whole operation and share images with clients and insurance adjusters. For pricing information about CompanyCam, visit our website. To learn about all of CompanyCam's features for your building projects, schedule your demo right now.
SaaS application for analyzing, directing, planning, describing, and certifying sustainability in building and real estate. Construction and real estate professionals may operate professionally with sustainability and adhere to legal and regulatory requirements thanks to Frame.
A suite of tools are provided by FreightTrain, a construction management and facility activation software, to promote teamwork and workflow over the course of a project. For the administration and tracking of small to large-scale construction projects in a variety of industries, including healthcare, commercial, industrial, and hospitality, FreightTrain has created a suite of online construction management and activation solutions. Some of the biggest American hospital systems, general contractors, and architectural companies are among their clientele. Modern software from FreightTrain, which is currently offered as a Software as a Service (SaaS), has been deployed on projects with a combined value of more than $30 billion.
Construction site managers and craftsmen can benefit from GAMMA AR's augmented reality-based construction management software by intuitively overlaying 3D BIM Models accurately on the site. This reduces errors and enables quick and clear communication and progress monitoring, which ultimately saves time and money. The program overlays the workplace using augmented reality on mobile devices utilizing data from Building Information Models (BIM). This enables various building process participants, such as site managers and craftspeople, to keep a close eye on and monitor the construction site as it develops. Faults in the 3D BIM model as well as errors on the construction site (such as missing plumbing apertures in walls) are easily detectable and may be avoided at an early stage of the building process. GAMMA AR gives users the ability to annotate text, photos, and audio in addition to the ability to flag mistakes. All relevant stakeholders may see these annotations in the app and in a common web service. This makes the customary physical communication between many stakeholders that takes place at various phases of the building process considerably more effective. Early detection of building mistakes is essential because if they go unnoticed, they can become much more expensive to rectify and take much longer to complete. Therefore, GAMMA AR saves time in addition to lowering building expenses. Additionally, GAMMA AR continues to be useful even after construction is complete since it aids facility managers in sustaining buildings by offering visualization and communication infrastructure (e.g. visualize cables inside a wall for electricians). Using the GAMMA BIM PORTAL, planners and project managers may access the data from GAMMA AR in real-time. Users may connect with other solutions, distribute data, manage tasks with assignments, due dates, and revision statuses, and manage their projects here.
GoContractor is a digital onboarding and subcontractor management software created to increase efficiency and revenue while lowering compliance risk and improving safety for construction employees. Construction employees and subcontractors may arrive at the job site using GoContractor 3 times faster while also digitizing worker records to make them searchable and available from anywhere.
Construction project managers may better handle the finances and administrative procedures of their projects with the aid of Graneet, a Digital Site Manager Assistant (invoices, expenses, payments...).
Construction contractors may use the SaaS platform Knowify, which offers work management tools and real-time business analytics, to streamline their company operations, take on more projects, and ultimately operate a more lucrative operation.
During building execution, all contractors share a simple construction timetable called a koppla. Construction projects may be readily planned, managed, and optimized in real time since they are built on data.
PlanRadar offers a SaaS solution for documentation and communication in construction and real estate projects (e.g. construction documentation, task and defect management. due diligence, etc.). Today, there are in each real estate project on average 1-2 issues per 100ft². PlanRadar's solution with web access and native apps for all kinds of mobile devices (iOS, Android, Windows) supports the user in recording, documentation, communication, and tracking of any kind of information. Project & site managers, architects & planners, specialists, technicians, property &facility managers or investors and owners can record any kind of information (e.g. tasks, defects, ec.) in a cost & time-saving way directly on the site with their tablet or smartphone and assign them in real-time to responsible project stakeholders. PlanRadar has already more than 7,000 customers and more than 60,000 users from 45 different countries worldwide. Thousands of our users save already 7 working hours every single week.
Qualis Flow is a construction technology company which helps contractors and major projects manage their social and environmental impact. Communicating with stakeholders and being able to respond to changes in our environment has never been more important in construction. Through automated data collection and analysis on our digital platform, we help contractors save time, reduce costs, and enhance their reputation within their local area. We are currently working with early adopters in our development phase.
Reconstruct’s a platform provides a ‘virtual command center’ of project replicas that enables project executives to more proactively and precisely manage construction progress including detecting current, past, and future performance issues. The platform’s 3D timelines enable near real-time coordination among general contractors, subs, owners, and lenders. The company was founded in 2016 and is based in Menlo Park, California.
For many years, the industrial sector has been undergoing digital revolution. Few digital solutions, however, live up to expectations for regulated sectors and operations that integrate sophisticated reporting procedures, project manufacturing, and field mobility. As a result, while quality and safety standards have skyrocketed over the past several decades, tools and labor procedures haven't altered all that much on those sites. This is why professionals from the nuclear sector, specialists in specialized labor, and software developers came together to build Siteflow, the first cloud-based field service management tool made for complicated operations (such as those in the nuclear, oil, and gas, etc.) a product created with the consumer in mind Beyond the technological specifics of those sectors, we have drawn on lessons from industries that have already undergone digital transformation: each time, user acceptability is crucial to the success of those difficult undertakings. In order to make our customers' everyday duties simpler, make it easier for them to collaborate with their coworkers, and allow them to concentrate on what truly matters, we are obsessed at Siteflow with designing the simplest interfaces and functions. Program for managing change to promote digital transition We are all aware that selecting a software solution is only one piece of the implementation of a digital transformation program. As daily operations of engineers, project managers, and operators are directly affected, organizations need to be redesigned. We assist our clients in a seamless transition to operational excellence based on our experience.
Smino is a cloud platform for the construction sector that offers all the tools required for efficient workflows and teamwork.
The Build Chain connects contactors nationally to suppliers locally. Make procurement easy with The Build Chain. An easy-to-use online platform that transforms the process of hiring equipment and buying materials. We do the leg work so that you don't have to. Our platform allows our users to drive enquiries online - filtering by stock and location to ultimately save time and money. Whether you are a merchant or supplier, contractor, or manufacturer, our digital dashboard makes it simple to source quotes, streamline enquiries, and expand your customer base.
A team that is passionate about creating a better, more effective experience for managing construction payments launched Vertical. With years of extensive expertise in B2B payments and construction escrow, as well as in solving difficult issues across industries like healthcare, we are enthusiastic about the chance to enhance how you do business each month. Despite being situated in Chicago, we collaborate closely with our partners all around the nation to make sure they are maximizing the draw process each month.
Vertuoza building software, created by and for experts, makes your life simpler and frees you up to concentrate on the crucial aspects of your company. Regardless of where you are, you can change estimates, work schedules, site follow-up, and billing with just one click. More than just software Both its name and philosophy are drawn from the terms "virtuous" and "virtuose." It's more than simply a site management application or a construction software; it's the secret to a seamless integration of all the components of your company. Vertuoza is also a win-win situation. The architect sees his project in the limelight, the contractor saves time and becomes more efficient, and the client receives better service.
Documents into Data in Seconds. Accuracy & Speed Surpassing Humans. A fully integrated suite of data transformation products for you to securely capture, extract and transform bills, receipts and invoices into structured data for use in your mobile app, website or back office.
The platform for developing low-code applications for engineering and construction is called VIKTOR. We enable engineers to quickly create expert, interdisciplinary web apps for process automation and optimization. Profit from all the benefits of cloud-based bespoke software without the requirement for in-house software engineering expertise. VIKTOR is designed for engineers; take the time to standardize and enhance your workflow. We handle the rest for you! With its headquarters in Rotterdam, the Netherlands, VIKTOR was established in 2017. Automate the dull tasks. Construct the fantastic!
WurkNow is a Next-Generation Staffing & Workforce Management Platform that combines the complete hiring process into a single, contemporary, and user-friendly digital experience thanks to our sophisticated data-driven methodology. Utilize our whole end-to-end platform or use our modular alternatives to boost your tech stack: Marketplace (People Sourcing & Pooling): To find, gather, and engage the best talent so you can achieve 100% Fill Rates, we leverage next-generation mobile apps and artificial intelligence. Staffing (Talent Onboarding, Engagement, and Deployment): We streamline the hiring process, make sure you have a platform that helps fill available jobs, and make it simpler than ever to match the best applicants for the job. Human Resources (Compliance, Roles & Documents): From drug tests, certifications, background checks, injuries, legal information, and benefits through performance evaluations and terminations, we securely store and manage it all. Additionally, make it simple for you to upload papers as new legal amendments are made. Timekeeping (Talent Scheduling, Labor & Compliance Management): Based on readily adjustable compliance regulations, we offer accurate, on-time time monitoring and automatic personnel scheduling. Simple time monitoring and management, precise time card data for accurate billing and payment, and client approval of time cards for a more automated procedure. Our Universal JOTM provides a single platform and source of truth for integrating workforce management operations in high-volume workplaces, whether you're a staffing agency giving your customers an MSP service or an employer employing numerous staffing suppliers. Payroll (Pay & Bill): By facilitating smooth data transmission and reconciliation inside a single system, we simplify payroll for the agency, the employer, and hourly workers. Payroll becomes quicker and more precise as a consequence.
For all of a construction company's supply chain management requirements, ZippMat is a one-stop shop. A full-stack SCaaS company called ZippMat controls a construction contractor's entire supply needs, from creating a thorough bill of materials to placing orders and receiving deliveries on the job site. By using its supplier network with technology-driven services that assist increase profitability and shorten execution delays, ZippMat streamlines the supply chain for businesses.