2 SaaS Startups in Luxembourg

January 24, 2023

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SaaS startups have become the darling of Venture Capital investors, especially in Luxembourg. 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 2 VC funded SaaS startups in Luxembourg .

GAMMA AR

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.

Company details:
Founders:
Caner Dolas, Jayan Jevanesan
Founded:
2019
Based in:
Luxembourg, Luxembourg, Luxembourg
Website:
GAMMA AR
Industries:
Apps, Construction, Industrial Automation, Information Technology, Residential, SaaS, Software
Latest funding:
$1,187,335
Seed
6 September 2021
Total funding:
$1,187,335
Investors
Husqvarna, Luxembourg-City Incubator

Zortify

Zortify uses artificial intelligence to help you choose wiser options. Zortify develops AI-based algorithms to find important insights that could be overlooked otherwise. With this strategy, they want to empower their clients to make wiser, longer-term choices. They employ machine learning techniques and Natural Language Processing (NLP) activities to create task-oriented models. Zortify was established in 2018 and has its headquarters in Luxembourg City.

Company details:
Founders:
Florian Feltes, Marcus Heidbrink
Founded:
2018
Based in:
Luxembourg, Luxembourg, Luxembourg
Website:
Zortify
Industries:
Analytics, Artificial Intelligence, Consulting, Machine Learning, SaaS
Latest funding:
$3,395,321
Seed
1 March 2022
Total funding:
$3,395,321
Investors
Luxembourg-City Incubator

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