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TRACXN REPORT : CONSTRUCTION TECH

February 2016

Tracxn
Worlds Largest Start-up Research Platform

Construction Tech Report, February 2016

Contents
Topic

Page

Sectors We Track

04

Overview

05

Market Map

09

Company List

19

Team

95

Construction Tech Report, February 2016

Illustrative Sectors We Track

ENTERPRISE
INFRASTRUCTURE

ENTERPRISE
APPLICATIONS

MOBILE

CONSUMER

SECURITY

BUSINESS INTELLIGENCE

MOBILE COMMERCE

MARKETPLACES

STORAGE

MOBILE-FIRST ENT. APPS

MOBILE PAYMENTS

SUBSCRIPTION COMM.

NETWORKING

INTELLIGENT ENT. APPS

MOBILE MARKETING

FOOD TECH

MOBILITY

CONSTRUCTION TECH

MOBILE DEV TOOLS

INTERNET FIRST BRANDS

IT OPS

RETAIL TECH

MOBILE HEALTH

UBER FOR X

CLOUD INFRASTRUCTURE

MARKETING TECH

MOBILE GAMING

SECOND HAND GOODS

API MANAGEMENT

STEALTH MODE

MOBILE LEARNING

TRAVEL

BIGDATA INFRASTRUCTURE

Data as a Service

MOBILE COMMUNICATION

GAMING

TECH

FINTECH

EDUCATION

HEALTHCARE

INTERNET OF THINGS

BITCOIN

EDUCATION IT

LIFE SCIENCES

3D PRINTING

PAYMENTS

SELF LEARNING

DIGITAL HEALTH

Construction Tech Report, February 2016

Sector Overview
Scope of report

This report covers companies that help owners, architects, engineers, contractors and subcontractors to design, bid and build
any construction structure. Includes sources for procuring heavy equipment, construction materials and professionals, and
providers of new building technologies such as 3D printing, Robotics and Modular Construction.
It excludes home improvements or renovations solutions and real estate solutions.
Over $718M invested since 2010, with over $382M invested in 2015 alone. 83 rounds of funding have happened since 2014. 44
companies have been acquired in this sector since 2010. Construction project management and Marketplaces are the two top
funded sectors.
Construction Project Management - 58 investments worth ~ $250M since 2013
Marketplaces - 24 investments worth ~ $199M since 2013

Most active funds


500 Startups (SupplyHog, Builk, PlanGrid, ViaVolta)
Borealis Ventures (Flux Factory, FieldLens, Newforma, Vico Software)
Brick & Mortar Ventures (Rhumbix, BuildingConnected, Getable, Zlien)

Y-Combinator (PlanGrid, Vernox Labs, EquipmentShare, InsiteVR)

Construction Tech Report, February 2016

Sector Overview (Contd..)


Notable investments in the last three months
Procore (Construction Project Management Suite) - $50M, Series F from ICONIQ Capital, Bessemer Venture Partners 29
Dec, 2015
PlanGrid (Construction Project Management Field Management) - $40M from Tenaya Capital, Sequoia Capital, Founders
Fund, Y Combinator, North Gate - Nov 8, 2015
Flux Factory (Design Tools BIM & 3D Modelling) - $29M, Series B from Temasek, Surbana Jurong Private Ltd., Far East
Ventures, DFJ, South Park Ventures, Borealis Ventures, Obvious Ventures - Dec 21, 2015
BuildingConnected (Construction Project Management Pre-Construction Management) - $8.5M, Series A from CrossLink
Capital, Homebrew, Freestyle Capital, Bee Partners, Brick & Mortar Ventures Nov 4, 2015
Fieldwire (Construction Project Management Field Management) - $5.5M, Series A from Formation 8, Trinity Ventures,
BloombergBeta, AngelPad Oct 27, 2015
SpecifiedBy (Design Tools - Libraries) - $583K, Seed from IP Group Plc and Northstar Ventures Nov 3, 2015
Pair (Visualization, Augmented Reality) - $250K from Hivers and Strivers Dec 8, 2015
Buildkar (Marketplaces Construction Materials) - Seed from Mustafa Wajid (CEO, Meher Group), Umang Kumar
(Founder, Gaadi.com), Sameer Govani (President, Total Equipment Solution), Prasad VL (MD, Teligenz), Naresh Narasimhan
Jan 13, 2016
Maquina (Marketplaces Heavy Equipment) - from SPML Infra Ltd. Dec 23, 2015
Equippo (Marketplaces Heavy Equipment) - Seed from Venture Incubator Dec 11, 2015
6

Construction Tech Report, February 2016

The highest number of companies were founded


in the year 2015
No. of companies founded

There is an increasing trend of


companies being founded
since 2010 triggered by the
penetration of mobile devices
and the adoption of IT to
manage construction projects

2014 saw a consolidation


phase with as much as 12
companies getting acquired

Highest number of companies


founded in 2015 were
Marketplaces (19 companies)

50
44
39

No. of Companies

40

34

33
30
23
20
14
10

11

0
2008

2009

2010

2011

2012

Year

Construction Tech Report, February 2016

2013

2014

2015

2015 also saw the highest amount of funding in


Construction Tech
YoY Funding in Construction Tech (2008 2015)

Companies
that received
highest funding in 2015
include Procore ($80M),
Greentown ($60M), PlanGrid
($58M), Flux Factory ($29M)

Of the total funding of $100M


in 2008, Aconex alone
received $85M in a PE round
from Francisco Partners

$382M
375

52

300

50

40
35

33

225

30

150

20
$100M

$93M

11

75
5

$17M

$21M

$109M
$91M
10

10

$22M

0
2008

2009

2010

2011

2012

Year

There is a massive ~320%


increase in funding in 2015
when compared with 2014 as
several
companies
have
raised
funding
through
multiple follow-up rounds

60

Construction Tech Report, February 2016

2013

2014

2015

No. of rounds

Funding Amount (Millions)

450

Market Map Construction Tech


$133M

$15M

$473M

DESIGN TOOLS

VISUALIZATION

CONSTRUCTION PROJECT MANAGEMENT

Tools for creating and analyzing CAD


or BIM models

Helps visualize and navigate through


pre-constructed structures

Tools that help in the execution of project from the time of bidding till pay
settlement and handover

BIM & 3D MODELLING


Autodesk

VIRTUAL REALITY
Floored (2012, $6.5M)

SUITE
Aconex (2000, IPO)

LIBRARIES
BIMobject (2011, IPO)

PRE-CONSTRUCTION
MANAGEMENT
BuildingConnected (2012,
$11M)

AUGMENTED REALITY
Augment (2011, $1.8M)

FIELD MANAGEMENT
PlanGrid (2011, $59M)

FINANCE &
ACCOUNTING
ProgressClaim (2011,
$3.5M)

$75M

BUILDING TECHNOLOGY

MARKETPLACES

Providers of advanced technologies for construction

Platforms for procuring resources needed for construction

3D PRINTING
WinSun (2010, $23M)

$257M

ROBOTICS
Fast Brick Robotics
(2005, IPO)

Construction Tech Report, February 2016

MODULAR
CONSTRUCTION
ConXtech (2004, $32M)

PROFESSIONALS
New Avenue (2009, $1M)

CONSTRUCTION
MATERIALS
Greentown (2011, $60M)

HEAVY EQUIPMENT
Noble Iron (2010, IPO)

Construction Project Management has received


highest amount of funding
Total funding in all companies across various business models

Building Technology

Number of companies in each


business model
Construction Project
Management
Marketplaces

5%

$75.3M

8%
14%
$257.1M

Marketplaces

16%

Design Tools
57%

Visualization
Building
Techonology

Construction Project
Management

$473M

Visualization

Construction industry has


been a laggard in adaptation
of technology but the recent
AGC and Sage 2016 survey
points to the increasing
interest among construction
companies to invest in IT and
mobile
solutions
for
collaboration

Procore recently announced


that it had crossed 1 million
users

$15.2M

Design Tools

$133M

100

200

300

400

Funding Amount (Millions)

10

Construction Tech Report, February 2016

500

600

44 Companies have been acquired since 2010


Recent acquisitions

Number of companies acquired since 2010

Company Name

Acquired
Year

Business Model

Acquired By

Business Models

No. Of
Companies

Solibri

Dec, 2015

Design Tools

Nemetschek

Design Tool

10

Fast Brick Robotics

Sep, 2015

Building Technology

DMY Capital

33

Worksite

Jul, 2015

Construction Project
Management

Construction Project
Management

Aconex

Building Technology

On Center
Software

Jul, 2015

Construction Project
Management

Roper
Technologies

Number of companies acquired


No. of Companies

14

12

12
9

10

8
6
4
2

4
2

0
2010

2011

2012

2013

Year

11

Construction Tech Report, February 2016

2014

2015

Acquirer

No. of Acquisitions since


2010

Trimble
Viewpoint
Textura
Aconex
Nemetschek
RIB
Autodesk
Conject
idox
Newforma

8
6
4
3
3
3
3
2
2
2

Key Trends in Construction Tech

12

There is an increase in the adaptation of BIM-based collaboration from previously dependent 2D drawing based
collaboration to efficiently execute projects in time and manage costs

Governments mandate on usage of BIM for all public projects in nations like The United States, Singapore, United Kingdom,
Norway, Denmark, Finland, Chile, Hong Kong, South Korea, Netherlands and Dubai has forced AEC industry to adopt BIM

Usage of pre-construction visualization using VR and AR tools is still in its nascent stages. Owners and architects continue to
majorly rely on 3D models and brochures to explain and sell their projects to clients

Reducing levels of productivity, lack of availability of skilled labor and demands by owners for transparency in project
execution are forcing construction companies to use IT solutions for project management

There is an increasing trend of vertical acquisitions with companies like Trimble following Connected Construction Site
Strategy so as to provide end-to-end solutions for the construction industry

We see an increasing penetration of mobile devices in construction sites to manage projects and the companies being
founded of late are either taking Mobile-First approach or offering both Web and mobile solutions

There is an increasing shift from on-premise to SaaS-based approach for construction project management solutions and
the trend even extending to design authoring tools which is evident from Autodesks recent announcement to offers its
products only on subscription basis starting from February 2016

Higher cost of owning an equipment, lot of equipment idle time and the emergence of sharing economy are turning
contractors to rent equipment when in need

Construction Tech Report, February 2016

Design Tools
Overview
This business model covers companies that provide tools to architects, MEP and structural engineers for designing any structure
on computer before being constructed. Includes solutions that help in generating 2D, 3D and BIM object models along with
structural and energy analysis tools. Tools for BIM objects viewing, editing and clash detecting, and BIM object libraries also
included in this business model.

Funding Amount (Millions)

Autodesk
1982, IPO

Trimble
1978, IPO

Nemetschek
1963, IPO

BIMobject
2011, IPO

$30M

30
25
$18M

$18M

20
$11M

$12M

$11M

10
5
0
2010

13

Sefaira
2009, $18M

Revizto
2008, $10M

YoY Funding Amount in $M

35

15

Flux Factory
2012, $37M

2011

2012

Year

Construction Tech Report, February 2016

2013

2014

2015

Triggered by several governments mandate to use


BIM for all public projects, more number of
companies are being founded to provide BIM-based
collaboration
Building product manufacturers are using BIM object
libraries as a platform for sales and marketing by
providing their BIM objects for free download so that
they can be used by specifiers and designers

Visualization
Overview
This business model covers companies that help architects and owners to view and navigate through the pre-constructed
structures by using technologies like Virtual Reality and Augmented Reality.

Floored
2012, $6.5M

IrisVR
2014, $2M

Archilogic
2014, $2.3M

Augment
2011, $2M

No. of companies founded

Companies breakdown

No. of companies

12

10

10
8

6
4
2

4
2

0
2011

2012

2013

Year

14

Construction Tech Report, February 2016

Real 5D
2008, $1M

2014

2015

There is an increase in the


number of companies being
founded since 2011
More companies are coming in
virtual reality space
Adoption
rate
of
these
technologies by architects and
owners is still in its nascent
stage

Virtual Reality

Augmented Reality

Construction Project Management


Overview
This business model covers companies that provide tools to owners, AEC professionals and project managers to manage
construction project life-cycle. Includes tools and software for Pre-construction Management, Field Management, and Finance &
Accounting. Pre-construction management includes bidding, estimation and take-off tools. Field management includes
workflows, processes, drawing management, task management, scheduling, time keeping, project monitoring, and safety.
Finance & Accounting includes cost management, pay settlement, and ERP solutions.

Aconex
2000, IPO

RIB
1961, IPO

Textura
2004, IPO

Conject
2000, IPO

Procore
2003, $101M

100

$91M
$80M

$45M

20
14
$33M

33

25

19

67

$10M
2
2010

15

30

$15M

10

3
2011

0
2012 Year

Construction Tech Report, February 2016

2013

2014

2015

No. of Rounds

Funding Amount (Millions)

YoY funding ($M) and funding rounds

Viewpoint
1976, $86M

PlanGrid
2011, $59M

Newforma
2003, $21M

Construction Project Management software


market is fragmented with multiple companies
spread across various geographies
33 companies have been acquired in this sector
since 2010 so as to provide end-to-end solutions
for managing the entire project life cycle
Major share of the $79.5M invested in the year
2012 has been secured by Viewpoint ($76M) from
TA Associates

Marketplaces
Overview
This business model covers companies that provide platform to buy construction materials, buy/rent heavy equipment and hire
professionals.

Noble Iron
2010, IPO

Iron Planet
1999, $85M

Greentown,
$60M

CRS Contractors Rental Supply


$39.5M

No. of companies in each space

No. of companies founded

No. of Companies

25
19

20
15

12

10
5

7
5

0
2010 2011 2012 2013 2014 2015

Year

16

Getable
2010, $11M

There is a steady increase in the number of


companies being founded since 2010
21 of the 55 companies in this sector are based in
India
More number of heavy equipment rental companies
are founded as compared to buy-sell/auction as
contractors look to rent equipment rather than
buying, owing to the rising cost of owning an
equipment

Construction Tech Report, February 2016

11
25

18

18
7

Construction materials
Professionals
Heavy Equipment - Rentals
Heavy Equipment - Buy-Sell/Auction

Building Technology
Overview
This business model includes providers of new technologies for construction like robots, 3D printers and modular construction.

Fastbrick Robotics
2005, IPO

ConXtech
2004, $32M

Winsun
2010, $23M

Hobs Studio
2013, $11M

Branch Technology
2015, $1M

No. of companies in each space

3D printing

17

Robotics

Modular Construction

Construction Tech Report, February 2016

Fastbrick Robotics went public through reverse IPO in November


2015
3D printing of buildings is gathering attention as a Chinese
company, Winsun, assembles 10 3D printed concrete houses in a
day
Building technology companies are trying to address the issues of
shortage of labor, long time for construction, wastage of materials
and high carbon footprint

Most Active Investors


500
Borealis
Startups Ventures

Brick &
Accel Andreesse
Captial
Sequoia Lerer Quotidian
Mortar Y Combinator
Autodesk
Partners n Horowitz
Innovators Capital Ventures Ventures
Ventures

Flux
Factory;
Vico
Software

Design Tools

GehryTech
nologies;
Flux Factory
Vela
Systems

Visualisation

InsiteVR

Construction
Builk;
Project
PlanGrid
Management

SupplyHog;

Marketplaces ViaVolta

18

BuildingCon
nected;
FieldLens;
Newforma Rhumbix;
Zlien

Getable

Construction Tech Report, February 2016

Floored

Floored

Jobsite
Unite;
BidRazor

Vernox Labs;
PlanGrid

EquipmentShare IronPlanet

YardClub;
Getable

PlanGrid

Greentown

FieldLens

FieldLens

SupplyHog

Construction Tech Company List

DETAILS CLOSE TO 340 COMPANIES


(110 FUNDED AND 227 UNFUNDED COMPANIES)
COVERS THE FOLLOWING SECTORS
Design Tools Visualization Construction Project Management Marketplaces Building Technology

19

Construction Tech Report, February 2016

Design Tools

Visualization

Construction Project Management

Marketplaces

Design Tools (1/11)


Company

Funding

BIM & 3D Modelling

Trelligence [Houston, 2002]: Trelligence is the maker of Affinity software that helps in functional design
like architectural programming, space planning, schematic design, reporting, and design validation in a
single platform. Can be integrated with Revit Architecture, ArchiCAD, and Trimble SketchUp Pro. $2.25M
Users can capture project data, share questionnaires, make conceptual or schematic changes and
perform design analysis.

BIM & 3D Modelling

Trimble Navigation [Sunnyvale, 1978]: Trimble applies technology to make field and mobile workers in
businesses and government significantly more productive. Solutions are focused on applications requiring
position or locationincluding surveying, construction, agriculture, fleet and asset management, public
safety and mapping. As a part of Connected Construction Site Strategy, Trimble has started making
acquisitions in BIM, architecture and construction fields from 2006. Some of the notable acquisitions
include SketchUp, Tekla, Meridian Systems, Gehry Technologies, Manhattan Software and Vico Software.
Claims that its products are being used in over 141 countries and has offices in over 30 countries.

BIM & 3D Modelling

Nemetschek [Munich, 1963]: Nemetschek provides a range of solutions right from design tools, analysis
tools and construction project management tools to manage construction projects throughout its lifecycle
through its own products and products from acquired companies. Has 13 brands, some of it include
Vectorworks, Graphisoft, Bluebeam, Scia, Solibri, Allplan etc. Claims to have over 1.8 million users in 142
countries as of 2014.

BIM & 3D Modelling

BIM & 3D Modelling

20

Details

Autodesk [San Rafael, 1982]: Autodesk builds software for architecture, engineering, construction,
manufacturing, entertainment and media industries. Prominent software for AEC industry includes Revit
and AutoCAD, manufacturing industry includes Autodesk Inventor, and Maya for the entertainment
industry. Has acquired over 40 companies. Claims to have over 100 million users.
Bentley Systems [Exton, 1984]: Bentley systems provides comprehensive software solutions to
architects, engineers, geospatial professionals, constructors, and owner-operators for designing, building
and operating infrastructure projects. Microstation, its chief software, provides 2D, 3D and BIM design
and information modelling platform. ProjectWise is a project collaboration software for AECO industry.
AssetWise software provides asset management solutions. Has acquired over 30 companies.

Construction Tech Report, February 2016

Investors

Building Technology

Design Tools

Visualization

Construction Project Management

Marketplaces

Design Tools (2/11)


Company

Details

BIM & 3D Modelling

Allplan [Munich, 1984]: Allplan, a brand of Nemetschek Group, offers software for developing BIM object
oriented 3D CAD for architecture and engineering, Building cost management and Facilities Management.
Products include Allplan Architecture, Allplan Engineering, Allplan BCM and Allplan Allfa. In 2008,
Nemetschek Allplan GmbH became a 100% subsidiary of Nemetschek AG. Winner of Architects' Darling
Award twice.

BIM & 3D Modelling

Tekla [Espoo, 1966]: Tekla provides model-based software for customers in construction, infrastructure
and energy industries. Products include Tekla Structures, for construction and design modelling, Tekla
BIMsight, a free BIM viewer, Tekla Field 3D, a BIM collaboration tool for iOS and Android users, Tekla
Structural designer, for building analysis, Tekla TEDDS, for structural calculations and Tekla Civil, for
infrastructure engineering. Was listed on the Helsinki Stock Exchange from May 2000 until February 2012.

BIM & 3D Modelling

Graphisoft [Budapest, 1982]: Graphisoft provides BIM software for architects, interior designers and
planners. Its products include ArchiCAD (for 2D and 3D drafting, visualization and documentation),
BIMcloud (to work on the same building simultaneously with ArchiCAD), MEP Modeler (extension for
incorporating duct work and piping), EcoDesigner(to evaluate energy performance) and BIMx (for
presentation, navigation and measurements).

Cadsoft [Guelph, 1988]: Cadsoft is a developer of Building Information Modeling (BIM) software for
Architectural Designers, Home Builders, House Remodelers, Lumber and Building Material (LBM) Dealers
and Consumers. Its suite of software include Personal Architect ($99), Pro Architect ($26/month), Building
Essentials ($119/month) and Construction Suite (156/month) provide 3D modeling, presentation tool,
drawing generation, estimations, quantity take-offs, framing solutions and scheduling features. Offered as
BIM & 3D Modelling - Authoring an on-premise solution for Windows, iOS and Virtual Machines.

BIM & 3D Modelling - Authoring

21

Data Design System [Stavanger, 1984]: Data Design Systems provides CAD/BIM software to MEP
engineers, HVAC and photo-voltaic system design. DDS-CAD Architect Construction application are highly
specialized for prefabricated houses and mainly made of timber. Claims to have more than 13,500
software users as of 2013.

Construction Tech Report, February 2016

Funding

Investors

Building Technology

Design Tools

Visualization

Construction Project Management

Marketplaces

Building Technology

Design Tools (3/11)


Company

Details

Funding

Investors

$37M

Temasek, Far East Ventures, DFJ,


Borealis Ventures, Obvious, a16z,
Google Ventures

Bricsys [Ghent, 2002]: Bricsys is a global provider of dwg engineering design software brought to market
under the BricsCAD. Bricsys is focused on providing an industrial strength CAD software platform and
industry leading support to customers in the AEC, GIS, civil engineering, process and power, and
mechanical CAD markets. Provides cloud-based drawing management, allowing users to x-refer, annotate
and view documents through its mobile app. Founded in 2002, Bricsys is a founding member of the Open
BIM & 3D Modelling - Authoring Design Alliance.

Vectorworks [Columbia, 1985]: VectorWorks provides CAD software to architecture, engineering,


construction, entertainment, and landscape design industries. Family of software includes Vectorworks
Designer, Architect, Landmark, Spotlight, Fundamentals, and Renderworks. Vectorworks Nomad Mobile
Application allows users to access their Vectorworks Cloud Services library from a mobile device, and
view, measure, annotate, print, and share files. Claims that more than half a million designers use its
BIM & 3D Modelling - Authoring software. All products are sold on a license basis. Has acquired ESP Vision in October, 2015.
SketchUp [Boulder, 2000]: SketchUp is a 3D modeling program for applications such as architectural,
interior design, civil and mechanical engineering, film, and video game design developed by the company
LastSoftware founded in 1999. SketchUp was independent from 2000 to 2006 and then owned by Google
from 2006 to 2012. Google acquired LastSoftware in March, 2006 for an estimated $35M. In June 2012,
Trimble acquired SketchUp from Google for a price less than $100M. Sold on freemium model. Single user
BIM & 3D Modelling - Authoring license costs $695. Available on its online store or through distributors.

BIM & 3D Modelling Collaboration

22

Flux Factory [San Francisco, 2012]: Flux provides plugins and cloud-based collaboration for AEC to
exchange data and streamline design workflows. Users can use various design authoring and analysis
tools and finally use Flux for data exchange. Streamlines the design workflow process during exploration,
development and validation stages. Other features include, using zoning data and rules to develop a
building envelope. Started Quartz project, an open data initiative to promotes the transparency of
building products and their impacts on human and environmental health. Incubated at GoogleX. Has
plugins for Excel, Grasshopper and Dynamo, while plugins for Revit, SketchUp, AutoCAD and 3DS Max are
under development.

Construction Tech Report, February 2016

Design Tools

Visualization

Construction Project Management

Marketplaces

Building Technology

Design Tools (4/11)


Company

BIM & 3D Modelling Collaboration

Funding

Investors

Vela Systems [Burlington, 2005]: Vela Systems software automates the execution and oversight of field
activities on construction and capital projects for contractors, architects, engineers and owners. Jobsite
CommonAngels, Commonwealth
users work with Vela software on mobile computers to electronically access documents and to complete $22.48M Capital Ventures, LaunchPad Venture
QA/QC inspections, worklists, punchlists, field reports, update the Building Information Model, and carry
Group, GrandBanks Capital, Autodesk
out many other critical field activities. Vela systems was acquired by autodesk in 2012.
Gehry Technologies [Los Angeles, 2002]: Gehry Technologies cloud-based software GTeam, which is now
renamed as Trimble Connect, provides web-based 3D project collaboration and building information
modeling (BIM) solutions. Users can view, combine and coordinate models in Digital Project, AutoCAD,
Rhino, SketchUp and many other formats, share files, manage tasks and messaging.

$10M

Autodesk, Dassault Systemes

$10M

Solway Investment Group

BIM & 3D Modelling Collaboration

Revizto [San Francisco, 2008]: Revizto is developed by Vizerra which provides software for BIM viewing
and collaboration. Its software include Editor for exporting 2D drawing, changing materials, lighting,
geometry optimization and merging scenes, Viewer for viewing from viewpoints, section-cuts, 2D maps
and levels etc, and Issue Tracker for exchanging project updates, setting issues, following up tasks, and
managing all project data and statistics. Monthly and yearly subscription plans available. Monthly plans
start at $59 for a maximum of 3 collaborators.

$6.3M

YFM

BIM & 3D Modelling Collaboration

Business Collaborator [Reading, 1998]: Business Collaborator provides a SaaS-based solution to BIM
collaboration to construction projects. Features include BIM viewer, document management, process
management and tendering. Was part of the software solutions arm of the Enviros environmental, went
through a series of acquisitions - first by CodaSciSys in 2003, then by UNIT4 Agresso in 2008 and finally
became independent through an MBO supported by YFM Equity Partners in 2014. Some of the clients
include Thames Water, Balfour Beatty and Costain. Was awarded 'Business IT Service Provider of the
Year' by Construction Computing in 2009.

$3.6M

BIM & 3D Modelling Collaboration

Vico Software [Boulder, 2007]: Vico software provides a software suite for the construction project
management using 5D BIM. Its modules include Document Controller for 2D and 3D change management,
3D BIM visualisation, Constructability Manager for clash detection, Layout Manager, Takeoff Manager, 4D
BIM Scheduling using flowline theory, 5D Cost Planner, 5D Cost Explore for budgeting and cost analysis
and Office Client for information management and reporting.

Village Ventures, Highway 12


Ventures, Borealis Ventures

BIM & 3D Modelling Collaboration

23

Details

Construction Tech Report, February 2016

Design Tools

Visualization

Construction Project Management

Marketplaces

Building Technology

Design Tools (5/11)


Company

BIM & 3D Modelling Collaboration

BIM & 3D Modelling Collaboration

BIM & 3D Modelling Collaboration

BIM & 3D Modelling Collaboration

BIM & 3D Modelling Collaboration

24

Details

Funding

Sitedesk [Manchester, 2013]: Sitedesk helps in organising and managing 2D drawings, 3D models, office
documents, approval forms and more, as well as providing central viewing capability on any equipment
without the need of any CAD licence. Also has an in-built 3D measuring tool, provides document $671.5K
management, allows tagging, annotating or marking-up plans, task management, digital form creations
and a search tool.
BIM Track [Quebec City, 2015]: BIM Track is a web-based BIM collaboration platform for issue
management. Its features include an IFC viewer, create, edit, delete and merge issues, team access rights,
email integration, RFI tracking and a dashboard with project progress metrics. Product yet to be
commercially launched.
Constructivity [Ames, 1998]: Constructivity develops software to help Building owners, Operators, and
Contractors to share information and collaborate over a BIM model. Its suite of software available
through licences include Viewer, for browsing of IFC objects for all information, Editor, for making
changes to the model and doing structural analysis, and Server, for tracking revision and maintaining
audit trails. Licences priced at $799.

Solibri [Helsinki, 1999]: Solibri provides Model Checker software, which helps in checking clashes, flaws
and weaknesses in the BIM, doing model revision comparison, performing information take-offs, 3D
visualization and walk in functionality Has offices in Finland, USA, UK, Spain and Germany.

BIMplus [Munich, 2013]: BIM+ is a web-based and an iOS mobile app by Allplan which helps in viewing
and collaborating over BIM objects. Architects, and MEP and structural engineers can upload their BIM
models and look for clashes, design issues, share documents, models and attributes securely, and create
virtual tours. Pricing starts at 29 per month.

Construction Tech Report, February 2016

Investors

The North West Fund

Design Tools

Visualization

Construction Project Management

Marketplaces

Design Tools (6/11)

25

Company

Details

BIM & 3D Modelling Collaboration

Tekla BIMsight [Espoo, 2011]: Tekla BIMsight is a free to use professional BIM collaboration platform.
Using the tool, project participants can combine their models, check for clashes, and share information
using the same BIM environment. Mobile app, Tekla BIMsight Note, available for iOS, Android and runs on
Windows 7 & 8 tablets. Claims to have over 160000 users across 160 countries. Winner of Gold
Baltimat innovation award 2011, Paris/FR, 2011 Hot Product Overall Winner Modern Steel Construction,
US and World of Concrete 2012, Most Innovative Product, Experts' Choice in the Business Tools and
Software category, US.

BIM & 3D Modelling Collaboration

M-Six [Portland, 2007]: M-Six created their product, VEO, which provides a platform for model and
information aggregation. Allows users to access their models, metadata and documents anywhere. Users
can then update and share while the platform maintains the entire project history. Provides tools for
cloud rendering, visual sequencing, clash detection, a document library, Excel integration, an iPad app and
BACnet sensor visualization. Charges $1500 per month for one project.

BIM & 3D Modelling Collaboration

Assemble Systems [Houston, 2011]: Assemble helps in automating the extraction of the model data like
materials, types, quantities, and dimensions from Autodesk Revit Architecture, Revit MEP, Revit
Structure, AutoCAD Architecture and AutoCAD MEP models, and generating estimations and take-offs.
Some of its other features include mass inputting of data into the model, cost analysis, online BIM model
viewing, syncing with Revit and comparing altered models in terms of graphics and cost. 2015
Constructech Vision Award winner andBest 3D App at AEC Hackathon, 2014.

BIM & 3D Modelling Collaboration

BIManywhere [Alameda, 2012]: BIManywhere mobile app for Apple iPad mobile devices provides easy
and intuitive access to BIM model information anywhere on the construction job site. BIManywhere
application inputs a 3D and 2D (optional) model of a building and helps the users in navigating intuitively,
raise & track issues, create markups and measure dimensions. Recipient of GOLD Award,
Constructech 2013 Vision Award and 2012 Fiatech CETI Award

Construction Tech Report, February 2016

Funding

Investors

Building Technology

Design Tools

Visualization

Construction Project Management

Marketplaces

Building Technology

Design Tools (7/11)


Company

Details

Sefaira [London, 2009]: Sefaira is a provider of cloud energy efficiency software for architects. The
company helps architects and other building designers to analyze and compare multiple building
strategies including defining, quantifying, and optimizing the energy, water, carbon and financial benefits
of relevant strategies. Has two products: Sefaira Architecture - a web app which provides real-time
feedback within the design environment to help the architect deliver high-performance buildings and
Sefaira Systems - to provide real-time HVAC sizing for design engineers. It has won numerous awards
BIM & 3D Modelling - Analysis which includes 2014 & 2013 Global Cleantech 100, 2013 Sustainability Leaders Innovation Award etc.

Funding

Investors

$18M

Braemar Energy Ventures, Chrysalix


SET, Hermes GPE, SVB Financial Group

Graitec [Paris, 1986]: Graitec provides CAD and structural analysis solutions for civil engineering. Its suite
of software include Advance Design for structural analysis and design of Reinforced Concrete and Steel
structures, Advance workshop for steel fabrication production management, Advance BIM designers for
analysis, intuitive modelling and automatic drawing and report creation, Autodesk advance steel, Advance $5.42M
concrete for Concrete design and detailing, and BIM connect. Has 25 offices across 11 countries. Has
acquired ERA3 in 2013, Trepcad Gmbh in 2011, CSI and Integer Ltd in 2008, and Adris Ltd and CivilDesign
BIM & 3D Modelling - Analysis Inc in 2007.
Ekotrope [Cambridge, 2010]: Ekotrope provides software and consulting for residential builders to
maximize the energy efficiency and cost-effectiveness of their homes. They're focused on production and
spec/trac builders and have found construction savings for many builders of more than $1,000/house. It
compares thousands of different design options by many key performance indicators like construction
cost, annual energy bill, payback, code compliance, HERS, EnergyStar, etc. to select the best design for a
BIM & 3D Modelling - Analysis given project.

BIM & 3D Modelling - Analysis

26

CloudCalc [Houston, 2014]: CloudCalc provides free cloud-based structural analysis software. Users log-in
and model the structure either graphically or using text with the support of database of over 4000 AISC
steel shapes, perform analysis like static analysis, nonlinear analysis, dynamic modes of vibration, and
generate reports. Claims to have 1500 registered users as of November 2015.

Construction Tech Report, February 2016

$4.4M

BNP Paribas, CDC Innovation, Omnes


Capital

Design Tools

Visualization

Construction Project Management

Marketplaces

Design Tools (8/11)


Company

BIM & 3D Modelling - Analysis

Details
BuildSoft [Merelbeke, 1989]: BuildSoft develops software for structural analysis of steel, concrete and
timber constructions according to Eurocodes and American standards. Products include Diamonds (485
per 6 months), PowerFrame (483 per 6 months ), PowerConnect (385 per 6 months), ConCrete (plus)
(385 per 6 months) and 1.2.Build (795 ).

Scia [Herk-de-Stad, 1974]: SCIA is a provides software for structural and civil engineering. Its software
includes SCIA Engineer, which enables modelling, structural design and analysis of any kind of
construction and SCIA Design Form, which enables users to write their own routines to perform external
design checks and deliver clear technical and graphical reports. Claims to have several international
building codes integrated for the technical design and optimization of steel, concrete, timber, aluminum,
BIM & 3D Modelling - Analysis and other multi-material constructions.
IES [Glasgow, 1994]: IES provides software for performance analysis like thermal comfort, sustainability
compliance, building metrics, carbon footprint and energy use during all stages of building design. Virtual
Environment includes a suite of analysis tools which can be used to investigate the performance of a
building either retrospectively or during the design stages of a construction project. Also allows to create
a model within VE using the ModelIT module, which can then be analysed in a variety of ways.
BIM & 3D Modelling - Analysis Customers include Atkins, SOM, Arup, Gensler and AECOM etc.

BIM & 3D Modelling - Analysis

27

Beck Technology [Dallas, 1996]: Beck Technology, through its suite of Destini software, helps in Macro
BIM, estimations and decision making for a construction project. Its software includes Estimator for
estimations, Profiler for Macro BIM, Data Manager and Optioneer for providing alternate design
solutions.

Construction Tech Report, February 2016

Funding

Investors

Building Technology

Design Tools

Visualization

Construction Project Management

Marketplaces

Building Technology

Design Tools (9/11)

28

Company

Details

Funding

$2M

Libraries

Architizer [New York City, 2009]: Architizer is an online library of architecture designs. Architecture
designs are uploaded directly by the people who make it. Firms post photos, video and details of projects.
It charges construction suppliers, who make everything from furniture to concrete, a monthly recurring
fee to link with builders and products. The portal helps suppliers get a dedicated brand web page to
showcase their products, generates leads, provides real-time analytics of the product's performance and
develop product to project connections. Claims that a community of 125,000+ registered architecture
& design professionals and 35,000+ firms access Architizer daily.

Libraries

SmartBIM [Atlanta, 2003]: SmartBIM provides a host of tools for AEC firms to design and build smarter
and greener. Its library of BIM objects is sourced from building product manufacturers with cost and
'ecoScorecard' data and is made available to designers to integrate them into their designs. The platform
provides leads for sales and marketing to product manufacturers and helps with more insights about their
$1.28M
design for the designer. VIMtrek helps in converting 3D and BIM objects into immersive 3-D environments
where designers, architects, contractors and clients self-navigate, collaborate and make annotations on
the model, which are date stamped and archived. ecoScorecard merged with SmartBIM in February,
2011.

Libraries

SpecifiedBy [Edinburgh, 2013]: SpecifiedBy provides a library of BIM objects created by building product
manufacturers to architects and other specifiers. Architects and specifiers can browse through the library
and add objects to their projects for free. Claims to be providing information for over 15,000 building
$790.9k
products and materials available in the UK and Ireland. Provides product manufacturers with real-time
analytics, brand exposure, lead generation and messaging features. Pricing starts at 599/year and
charges further for advanced marketing features. Part of the Ignite startup accelerator programme.

Libraries

Modlar [San Francisco, 2007]: Modlar provides a library of BIM objects made by original product
manufacturers. Offers key metrics, allowing manufacturers to target specifiers through demographic
segmentation and advertising. Claims to have 118000 specifiers and 8248 products from manufacturers
on its platform as of December 2015. Also has an office in Christchurch, NZ. Works on a freemium
revenue model.

Construction Tech Report, February 2016

Investors

Northstar Ventures, P Group plc

Movac

Design Tools

Visualization

Construction Project Management

Marketplaces

Design Tools (10/11)


Company

Details

Libraries

National BIM Library [Newcastle Upon Tyne, ]: NBS hosts BIM objects on its portal to be made available
to specifiers. BIM objects are either created and shared by the manufacturer or NBS can help create
them. Provides a collection of both generic and manufacturer objects. Has plug-ins for Revit and ArchiCAD
using which one can drag and drop BIM objects into their projects. Integrates objects within the NBS BIM
Toolkit an integral part of the UK Governments Level 2 BIM package. Helps manufacturers to gain
exposure and drive sales. Voted as the BIM Initiative of the Year in the 2013 Construction News Awards.

Libraries

29

Productspec [Wellington, 2006]: Productspec provides a database of New Zealand architecture, interior
design, landscape, and building products. Users can browse and compare thousands of products from
leading manufacturers and download technical files, environmental and compliance data, and CAD/BIM
details.

Libraries

Bimstore [Longbenton, 2011]: BIMstore is a library of BIM objects created by original product
manufacturers and made available for designers to download and use. Provides manufacturers with data
analytics about the usage of the product and lead generations. The store is free for designers to download
but charges product manufacturers. Pricing is based on the number of products hosted (25) or annual
subscription (995). Has a desktop app. Available for US market. Has developed an augmented reality app
Bimstore Eye, using which if a camera is pointed at a manufacturers brochure image or catalogue where
the BIMstore Eye logo is displayed, a 3D representation appears on screen.

Libraries

BIMobject [Malmo, 2011]: BIMobject provides a digital collection of BIM objects created by respective
product manufacturers and brands. Architects and engineers can search and use those BIM object
available in Revit, SketchUp, ArchiCAD and various other formats. Manufacturers use BIMobject to
promote and deliver their products directly into BIM processes. Winner of the Red Herring Europe Top
100 Award 2013, Winner of the 2013 Red Herring 100 Global Award and Winner of the IAIR EUROPEAN
AWARDS 2013.

Construction Tech Report, February 2016

Funding

Investors

Building Technology

Design Tools

Visualization

Construction Project Management

Marketplaces

Design Tools (11/11)


Company

Details

Funding

RubySketch [Sydney, 2010]: RubySketch provides users with a library of BIM products developed by
original product manufacturers in Revit, AutoCAD, ArchiCAD and SketchUp formats. Also provides
PlusSpec, a BIM software for SketchUp.
Libraries

Drawings

Infrastructure planning

Infrastructure planning

30

Arrette [Berkeley, 2012]: Arrette is a scale drawing iPad app for designers who want to draw freehand
while maintaining a measurable drawing scale. Has a wide range of drawing tools, grids & scale,
layers, ability to import base images from Google Maps and photos, exports into various formats, and
sharing via email or dropbox. Arrette Scale is priced at $8.99 while Arrette Sketch is free.
Siteops [Charlotte, 2003]: Siteops is a patented site design and optimization software developed by
Bluebridge Analytics. Helps civil engineers, architects, landscape architects, and land developers to review
multiple conceptual design options. Users can download site topography, create site designs, cost
optimized layout, grading and storm water drainage, swept path options with cost estimates. Users
include Stantec, Horrocks Engineers, Langan Engineering and Environmental Services, Timmons Group,
and WSP. Offered as a SaaS solution on an annual basis.
Podaris [London, 2013]: Podaris is web application aimed at feasibility studies for fixed-infrastructure
transport systems, allowing for real-time collaborative design and stakeholder feedback in the planning.
Calls itself as Github for designing cities. Users can design, add constraints, analyse and collaborate to
plan infrastructure projects.

Construction Tech Report, February 2016

$6.8M

Investors

Building Technology

Design Tools

Visualization

Construction Project Management

Marketplaces

Building Technology

Visualization (1/6)
Company

Funding

Investors

Virtual Reality

Floored [New York City, 2012]: Floored builds software to enable users to capture real-estate
visualization and transform them into a 3D visualization model. Their primary customers use their
software for the purposes of developing, marketing and analyzing commercial, residential and retail real
estate. Floored starts by laser-scanning clients real, unfurnished rooms in commercial, office or
Felicis Ventures, Red Swan, Accel
residential properties or enables clients to upload files including floorplate and other structural data
Partners, Lerer Ventures, Brooklyn
$6.36M
about a property that has yet to be built. Floored app enables clients to get an idea of what property
Bridge Ventures, Two Sigma Ventures,
could look like once fully built, adding virtual people and furniture to rooms, testing out different lighting
RRE Ventures, Greycroft Partners
schemes, changing the look and feel of materials used in flooring and walls, and moving virtual walls,
windows or doors around a space. Its other product, Protofit, allows landlords to design floors based on a
few requirements, such as a certain number of desks, conference rooms and separation walls.

Virtual Reality

Archilogic [Zurich, 2014]: Archilogic's platform offers a highly scalable and modular 3D engine along with
advanced algorithms which turn real estate floor plans into interactive 3D models. Use WebGL technology
so that the models can be viewed in any modern browser or embedded into project websites or property
portals. Fuelling that growth will be easy-to-create content which links to product and services we use
every day at home and at work. Pricing based on the area of floor plan being converted to 3D model
and whether it is a residential or commercial plan.

Virtual Reality

Virtual Reality

31

Details

$2.3M

IrisVR [New York City, 2014]: IrisVR is working on an immersive design and presentation tool that sends
SketchUp and Revit files directly into a virtual reality environment. Users can easily view their 3D models
$1.94M
in the Oculus Rift and experience their designs true to scale. The software can be used for 3D modelling
and architecture. LaunchVT 2014 Winner.
Real5D [Redwood City, 2008]: Real5D brings blueprints to life by building 3D, walkable virtual models of
real estate properties. They make these virtual buildings social by enabling the broker to meet his/her
clients inside these properties. Seeing, walking, and interacting with a 3D property before it is built helps
investors see value, brokers sell leases, and developers fix problems. Also provides a 3D engine to
architects on license basis to build their own 3D models and then show them to their client base.

Construction Tech Report, February 2016

$1.2M

Metamorphic Ventures, Techstars,


Azure Capital Partners, Indicator
Ventures

DoubleRock

Design Tools

Visualization

Construction Project Management

Marketplaces

Visualization (2/6)
Company

Details

Funding

Investors

$1M

Intel Capital

Virtual Reality

WorldViz [Santa Barbara, 2002]: WorldViz's provides interactive 3D visualization& simulation


software for product design, academic research and architecture, engineering, construction. Clients are
Fortune 500 industry and government clients, including NASA, Boeing, Lockheed Martin, Toyota, Nissan,
Siemens, Procter & Gamble, Disney, Turner Construction, NIH, Stanford and MIT. Received undisclosed
funding from Intel Capital in Apr'15.

$120K

Y Combinator

Virtual Reality

InsiteVR [New York City, 2014]: InsiteVR provides an app that creates virtual reality visualizations with
models from Sketchup, Blender, Rhino, Revit, or any other 3D modeling software. Architects and 3D
designers can upload existing 3D models, which are then converted and optimized for viewing in virtual
reality devices like Oculus Rift, Google Cardboard. Clients include IA, Mancini Duffy, Connors, RDg among
others. Won Disrupt Hackathon Project'14.

Virtual Reality

opusVR [Hamburg, 2015]: OpusVR provides a marketing tool for real estate and architecture industry
using virtual reality. Users send their CAD data and OpusVR creates photorealistic real-time rendered
pictures and videos from architecture, landscapes, cars, planes, ships, etc. Can be viewed through
smartphones, TVs, tablets, desktops or VR headsets. Users can explore the pre-constructed structure,
change virtual world items like decoration, furniture, flooring and colours, and simulate daytimes,
seasons or weather.
Pixelart3D [Kochi, 2015]: Pixelart3D builds VR content of un-built constructions. Uses game engine and
3D visualizations to make interactive projects. Clients and end-users can visualize how the building looks
like, prior to its construction.Currently focuses on product marketing and architecture industries.

Virtual Reality

Virtual Reality

32

Rendr Softworks [Paris, 2015]: Rendr Softworks helps in rendering architectural space into VR
environments. Using 3D data and blueprints of the construction plans they set up a virtual environment
with interactions as specified by the client or architect using their own gaming engine 'Immersion Engine
VR'. Apart from France, they provide services in UK, Germany, Spain, Italy, Portugal, Switzerland and
Belgium. Currently running a beta testing program.

Construction Tech Report, February 2016

Building Technology

Design Tools

Visualization

Construction Project Management

Marketplaces

Visualization (3/6)
Company

Details

Virtual Reality

Mythic VR [Brooklyn, 2015]: Mythic VR helps in rendering architectural space in virtual reality thereby
helping clients to better understand the pre-constructed space. They bring 3D models created in Revit,
SketchUp, 3DS Max and Rhino into real-time engines, apply materials, textures, lighting, furniture,
interactive scripts, and custom engine settings. Using this real-time model, they extract renderings,
videos, and also deliver VR walk-throughs. While being in the VR environment, users can toggle materials,
furniture arrangements, sun angles etc.
Arch Rift [Laguna Niguel, 2014]: Arch Rift provides real-time virtual experiences of the built and un-built
products and designs to end-users, by working with industries including architects, interior Designers,
industrial designers, real estate agents, construction and engineering.

Virtual Reality

Virtual Reality

Virtual Reality

Virtual Reality

33

Indven [Bangalore, 2011]: IndVen develops engineering software for manufacturing and construction
industries. It has 2 products - BIMS & IPACS. BIMS - Building Information Management System Integrates with CRM & ERP and building material database and makes photorealistic models, images,
movies and walkthroughs. IPACS - Integrates Process Automation Control Systems - is used in
manufacturing industry for Overall Equipment Effectiveness(OEE) optimization.
Keirro [Adelaide, 2015]: Keirro provides software to convert architectural designs into virtual reality
environment. Users can take snapshots, change material, furniture, floor and wall on the fly. Can be all
viewed in Virtual Reality technology like Oculus Rift and HTC Vive and controlled by xbox controller or
keyboard and mouse.
Arch Immersive [Porto, 2013]: Arch Immersive provides a tool which improves communication between
architect and client, and market the building project to investors. The architect needs to provide CAD or
traditional drawing files to Arch Immersive, which later converts the files to build a 3D environment and
export it on a game engine. The architect can use the finished product on a VR platform or any OS. Cost
for the project depends on its size, level of detail, animated features and furniture.

Construction Tech Report, February 2016

Funding

Investors

Building Technology

Design Tools

Visualization

Construction Project Management

Marketplaces

Visualization (4/6)
Company

Details

Virtual Reality

3DHabitat [Sydney, 2013]: 3D Habitat provides design & documentation to architecture firms, urban
planners, installation artists and property developers. Uses ArchiCAD, an architectural design software,
for modelling, texturing and lighting; and thereby allows the user to virtually explore a 3D representation
of their design or artwork. Also provides consultancy services, by implementing ArchiCAD in
organizations.

Virtual Reality

Bricks & Goggles [Nieuwendijk, 2015]: Bricks & Goggles converts 3D models of constructions to VR
app, before the project is constructed. Exports the 3D model as an FBX from all major CAD, BIM and 3D
modelling programs, onto their Unity Engine, to create an environment that can be viewed on any
platform like Rift, GearVR, Cardboard etc. This app for architects provides navigation; features animated
characters, interior design elements and other VR interactions. Also provides Oculus all-in-one kit and
custom branded Cardboard for clients. Costs architects around $1650 for a house model; and the cost
varies for custom models.

Virtual Reality

Look Mobility [Bangalore, 2015]: Look Mobility is developing VR solutions for architecture applications.
Builders & architects can create VR experiences using their existing 3DS Max or Sketchup files using
Look's SDK. Their platform gives an interface for end-users to build & design their own home
interiors and also buy products from Urbanladder, Pepperfry, etc. The platform is compatible with Google
Cardboard and other cheaper headsets. Also published their open-source DIY VR headset model foloVR,
which can be custom branded in case of a bulk purchase.

Virtual Reality

SmartVizX [Noida, 2015]: SmartVizX is creating interactive virtual environments to stimulate potential
users in to experiencing arenas and spaces that haven't even been physically built like buildings, office
desks etc. Invested in 2 Oculus Rift Developer kits pre-sold for tech-companies, and built VR tools Viviz
for virtually immersive visualisation, Codew for collaborative design work and Archviz for architechtural
visualisation. Currently focusing on real-estate & design industry.

Babylon VR [ , 2015]: Babylon VR is a VR software that let engineers and architects to design and view
their project. Users can use their own 3D models or use from their library, customize, collaborate, include
gesture inputs and visualize projects.
Virtual Reality

34

Construction Tech Report, February 2016

Funding

Investors

Building Technology

Design Tools

Visualization

Construction Project Management

Marketplaces

Visualization (5/6)

35

Company

Details

Virtual Reality

Virtutecture [Kansas City, 2013]: Virtutecture helps clients virtually visualise a new building design. They
convert a 3D model into an interactive simulation. Users can view this through Occulus Rift by navigating
using a mouse/keyboard/XBOX controller. People can also get into their custom made 10.9-foot diameter
sphere, which sits on wheels, put on a virtual reality headset, and walk around the pre-constructed
building. Top 20 finalists of Launch KC.

$1.8M

Augmented Reality

Augment [Paris, 2011]: Augment is a mobile app that allows businesses to visualize their 3D models in
Augmented Reality, integrated in real time with their actual size and environment. Their mobile app helps
sales reps simulate their products in augmented reality in an ultra realistic way and in real size, directly
with their clients environment. Has more than 115 clients in 36 countries including European division of
LOral. 12k companies are adding 3D models on the platform every day. Their app has already been
downloaded more than 600k times across the globe.

$500k

Hivers

Augmented Reality

Pair [Washington, 2012]: Pair uses Augmented Reality to visualize furniture in user's real world view.
Brands provide their catalog to Pair, which is then browsed by users on their iOS device, to make a
decision on the choice of furniture to buy. The app uses computer vision and AR technology to map the
space and place the products in real world view. Also plans to expand the app to apply in Education,
Architecture and Designing industries.

$17k

TLabs

Augmented Reality

Ghar360 [Bangalore, 2012]: Ghar360, product of TechZag Solutions Pvt. Ltd., is a real estate-focused 3D
augmented reality platform which allows users to convert their floor plans into interactive and walkable
spaces. It also allows them to visualize and purchase interior decoration products. Besides this, it enables
architects and builders to showcase & share their designs for sales and marketing purposes. The
company is one of the 7 startups for TLabs accelerator program, spring 2014 batch.

$10K

Augmented Reality

Building Conversation [Boston, 2012]: Building Conversation offers architectural visualization tour
serving both private design and development firms and the urban public process. Building conversation
offers the viewer to a full scale, interactive mobile hologram view on their site. It enables a user to see
their plans and their impact like shadows and line of sight. Engineers and construction firms can walk
through empty lots visualizing and cataloging every phase and layer of infrastructure as it's built to check
against their specs.

Construction Tech Report, February 2016

Funding

Investors

Building Technology

Design Tools

Visualization

Construction Project Management

Marketplaces

Visualization (6/6)

36

Company

Details

Augmented Reality

Limitless Computing [Boulder, 2006]: Limitless Computing provides a suite of Augmented Reality mobile
apps for Trimble SketchUp and 3D CAD pre-visualizes buildings, materials, and fixtures using a mobile
device to enable professionals to effectively communicate scale and context. SightSpace 3D helps to
import, view and share models, annotate and bookmark favourite views. Priced at $39.99. SightSpace
View provides a QR Code on uploading a model which can be used to present and distribution of project.
Charges $29 per month per model. Apps available for Android and iOS.

Augmented Reality

AR Pandora [Istanbul, 2014]: AR Pandora uses augmented reality technology to present a 3D model on a
piece of paper using any mobile device. Users can switch between interior and exterior views, different
floors and amenity areas, zoom, see it both at day or at night, and move around or change colors of
objects. 3D Furniture Spec Sheets, its other product, which allows you to design and furnish empty rooms.
Also provides VR/AR integration. Clients can provide their 3D models and the AR Pandora team will
develop the app in 2-5 working days.

Augmented Reality

SmartReality [College Station, 2015]: SmartReality, a product of JBKnowledge - provider of IT solutions to


construction & insurance, is a construction AR mobile app allowing builders to visualize projects in
3D and 4D on any iOS or Android device. Users upload 2D plans and matching 3D models directly, Smart
Reality developers will then match plans and models and notify when they are done. When users next
open up the mobile app and point it at 2D plan, a 3D model of it is shown. Users pay per project
submitted for use within the app. Member of Construction Open Standards Alliance.

Prototypes

ArchiPrint [Melbourne, 2014]: ArchiPrint offers 3D Printing services to Architects by providing in detail
(0.1mm layer resolution) and full gradient colour prints just with 3D CAD Software. They work with files
compatible with SketchUp, Autodesk Revit, ArchiCAD and more. They print models with a maximum size
of 381 x 254 x 203mm with full CMYK colors using gypsum type model giving the objects a sandstone like
feel. Users can request a quote specifying their needs and any optimization of the model if required and
then print their model to be shipped home.

Construction Tech Report, February 2016

Funding

Investors

Building Technology

Design Tools

Visualization

Construction Project Management

Marketplaces

Building Technology

Construction Project Management (1/41)


Company

37

Details

Funding

Investors

Suite

Procore [Carpinteria, 2003]: Procore offers cloud-based online collaboration platform for construction
project management. The platform helps firms increase project efficiency and accountability by
streamlining and mobilizing project communications and documentation. The collaboration suite helps in
bidding, document management, provides APIs, budgeting, creating RFIs and managing contracts. The
platform can also be accessed through mobile phones. Other key products of Procore include Drive, which
helps store, share and manage documents and CurrentSet, which helps in organizing drawings by linking $101.15M
and listing all the previous drawing revisions. Procore has more than 500 clients worldwide and 100000
registered users who manage all types of construction projects including industrial plants, office buildings,
apartment buildings, university facilities, retail centers. Procore has been in the list of Inc. Top 5000
fastest growing companies for consecutive 3 years. It has experienced a three-year revenue growth of
more than 350%.

$ 86 M

Updata Partners, TA Associates

Suite

Viewpoint [Portland, 1976]: Viewpoint offers fully integrated, comprehensive suite of software solutions
that helps contractors manage all areas of operations throughout the lifecycle of a project like
Accounting/HR, Project Management, Project Collaboration, Field Management, Estimating, Content
Management and Service Management. Viewpoint has acquired Jobpac, Mobile Computing Systems,
Maxwell Systems, Construction Imaging, CIS, 4Projects, and ACS Connect. Viewpoint was earlier named as
Coaxis.

$85M

Francisco Partners

Suite

Aconex [Melbourne, 2000]: Aconex is an Australian public company that provides an online collaboration
platform on a subscription basis for construction, infrastructure, energy and resource sectors. Its projectwide solutions include document management, BIM collaboration, bidding & tenders, workflow
management, field inspections & issue management, and dashboard & reporting. Aconex also offers a
cloud-based mobile app to access the platform. Since its inception, Aconex collaboration platform has
been used by 500,000 users across 70 countries to manage projects worth of US$800b. Aconex customers
include nine of the top ten EPC/EPCM firms, 23 of the 25 largest global design firms, and nearly all
Fortune 500 construction and engineering companies. Acquired Worksite in 2015 and Grazer in 2012.

Construction Tech Report, February 2016

Iconiq Capital, Bessemer Venture


Partners, Microventures, Greater
Pacific Capital

Design Tools

Visualization

Construction Project Management

Marketplaces

Building Technology

Construction Project Management (2/41)


Company

Funding

Investors

Tola Capital

Suite

Aurigo [Austin, 2003]: Aurigo provides capital program and project portfolio solutions(CPMS) for large
capital infrastructure owners. Aurigo Masterworks is a full life cycle CPMS system delivered over the
cloud with features like planning, bid management, contract management, mobile inspections, fund
$9.47M
management and document management for construction projects. Aurigo was voted one of the most
innovate companies in the world by Microsoft and is a Red Herring 100 Company. Has offices in New
York, Toronto and Banglore.

$7.5M

Suite

Textura [Deerfield, 2004]: Textura is a public company that provides online software solutions for
construction project lifecycle management. Preconstruction solutions provide features like take-off,
estimating, subcontractor qualification management, and bid management. Construction solutions
include client and sub-contractor payments, field management and document management. Textura has
acquired PlanSwift, LATISTA, Greengrade and GradeBeam. In its 2015 "Fast Fifty" feature on Chicagos
fastest-growing companies, the leading Chicago business publication ranked Textura, No. 5 based on
revenue growth of 1,887% from 2009 to 2014.

$7M

Earlybird Venture Capital, Seventure


Partners

Suite

Conject [Munich, 2000]: Conject provides software for project management to AEC firms and owners of
the construction project. Its range of software solutions that manage various stages of a construction
project like planning, building and operating are conjectFC Commercial Management, conjectPM
Construction Project Management, conjectPC Project Control, conjectMI Defects and Inspections
Management, conjectAF As-built Documentation and conjectDR Real Estate Transactions. Has an iOS
mobile app. Acquired APSIS Software AG, Kopernikus Software GmbH, BIW Technologies and Wapp6.
BuildLinks [Cary, 2000]: BuildLinks provides a SaaS for project management to homebuilders and buyers.
Features include bidding, estimations and takeoffs, scheduling, reporting and analysis, punch lists,
purchase orders, budgeting, and cost management. Mobile iOS app available. Other Series B investors
include IdeaEdge ventures and RTP.

$2.5M

Southeast Interactive Technology


Funds

Suite

38

Details

Construction Tech Report, February 2016

Design Tools

Visualization

Construction Project Management

Marketplaces

Building Technology

Construction Project Management (3/41)


Company

Details

Investors

RIB [Stuttgart, 1961]: RIB provides software for project management to construction and process
industry, infrastructure, public sector and manufacturing. Its suite of software includes iTWO, a 5D BIM
collaboration tool, RIBTEC, a structural engineering software and Statis, for process management in
infrastructure projects. Has acquired 10 companies which include ProjectCenter, Docia and MC.

Hasso Plattner Ventures, SAP

Pamlico Capital

Suite

Dexter + Chaney [Seattle, 1981]: Dexter+Chaney provides Spectrum software, a cloud-based project
management software to construction contractor to help them manage their business and operations. Its
features include construction accounting with ledger and cash management, project management with
RFIs, submittals, change orders and daily logs, equipment management, HR, inventory and material
management, and purchase orders. Claims to be used by more than 1000 contractors. Provides several
app for various project management features.

Summit Partners

Suite

Meridian Systems [Folsom, 1993]: Meridian Systems through its modules Prolog and Proliance provides
project management software, infrastructure lifecycle management, project portfolio management and
facility management for construction companies. The Software is provided through SaaS, on-premise and
Hybrid offerings. After Trimble brought Meridian Systems in 2006, it added WinEst, an estimation and
take-off software to the existing modules. Now, all these modules are offered under Trimble Buildings.

Suite

Suite

Spitfire Management [New York City, 2003]: Spitfire is web based capital construction project
management software. Features include bid management, document management, workflow
management, contract management and change management. Provides project cost accounting and
integrated accounting with Acumatica Cloud ERP or Microsoft Dynamics SL.

ClickHome [Perth, 2001]: ClickHome provides construction management software for residential
construction. Features include tenders, document management, workflow management, inspections
management, CRM and lead generation. 2005 WAITTA Finalist.
Suite

39

Funding

Construction Tech Report, February 2016

Design Tools

Visualization

Construction Project Management

Marketplaces

Construction Project Management (4/41)

40

Company

Details

Suite

think project! [Munich, 2000]: think project! provides a cloud-based cross-enterprise collaboration
targeted at construction and engineering projects. It offers a core module which can be topped with
additional functionalities. Its features include BIM viewer and collaboration, tender management,
document management, workflow management, and photo documentation. Provides a range of APIs and
integrations.

Suite

Construction Software [Melbourne, 2006]: Construction Software develop and support a range of cloud
construction management software that has been specifically developed for the construction Industry.
Offers 3 products - CaTProjects for project management, CaTPlan for document management,
CaTCheckpoint for defect management. CATProjects is purpose built for mid tier construction companies.
It has configurations for Main Contractors, Subcontractors and Project Managers. CATProjects is a
comprehensive job management system that will track all aspects of construction admin from documents
to dollars. CATProjects can be software as a service (SAAS) or can be purchased a lifetime license.

Suite

Jonas Premier [Markham, 1990]: Jonas Premier is a cloud-based construction software that helps
contractors with accounting, job costing, billing, purchase orders, document management, workflows like
RFIs, Submittals, Transmittals, change orders and Punchlists, Inventory and equipment tracking, and
reporting. Has a mobile app for Android with an one-time app cost of $14.99 and a monthly fee of
$25/user.

Suite

Owner Insite [Austin, 2003]: Owner Insite provides web-based construction project management and
accounting software targeted at AEC industry, Municipalities and K12. Features include document
management, daily reports, dashboards, submittals, RFIs, Punch lists, issue tracking, change orders,
billing, invoices and contract management. Claims to have over 14000+ users as of 2015. Single plan that
offers only one feature is priced at $20/month for 5 users. Bundled packs with multiple features are
available starting at $150/month. Has mobile apps for Android and iOS.

Construction Tech Report, February 2016

Funding

Investors

Building Technology

Design Tools

Visualization

Construction Project Management

Marketplaces

Construction Project Management (5/41)

41

Company

Details

Suite

buildingblok [New York City, 2007]: BuildingBlok is a cloud-based construction management and
communications software for small and mid-size contractors. Features include contacts, unlimited files
sharing, email notifications, email bidding, RFIs, ASIs, submittals, daily reporting, time sheets, punch lists,
scheduling with from Primavera and Microsoft Project, budgeting, change orders, invoicing, payment
approvals, and financial reports. Mobile app available for iOS and Android users. Pricing based on per
feature prices or pre-determined bundles to be paid on month subscription basis.

Suite

RedTeam Software [Orlando, 2006]: RedTeam provides cloud construction software for commercial
construction. Features include CRM, cost estimating, private bidding forum, critical path scheduling,
contracting, purchase orders, change orders, RFIs, punch lists, document management, submittals, daily
progress reporting, employee timekeeping, invoicing and accounting by integration with QuickBooks.
Some of the customers include Schmid Construction, Williams Company, Navcon and T&G. Operates on a
freemium model with additional feature packages priced at $49/month and $99/month. Has mobile apps
for Android and iOS. Winner of "Awesome Application Award" at SleeterCon 2015.

Suite

BidTracer [Mequon, 2005]: Bidtracer provides online construction management software for Mechanical
Contractors, Electrical Contractors, Manufacturer Reps, and Distributors. Features include bid
management, estimations using eStore module containing product manufactures pricing, bid invitations,
RFIs, Submittals, Change Orders, Purchase orders, document management, invoicing and BIM rooms.
Claims to provide mobile software for iPad, iPhone and Android platforms for free.

Suite

Sharenology [Victor, 2010]: Sharenology provides a web-based project management software for the
construction industry and municipalities. Sharenology Projects', software for the construction industry,
features include an online bidding portal, RFI, Submittals, Change orders, File Sharing, Scheduling,
Equipment tracking, photos management and project status dashboards. TownController, the software
for municipalities, helps to streamline permitting, meetings, and building inspections. Has a mobile app
for Android and an app for iOS is under development.

Construction Tech Report, February 2016

Funding

Investors

Building Technology

Design Tools

Visualization

Construction Project Management

Marketplaces

Construction Project Management (6/41)


Company

Suite

Suite

Suite

42

Details
Builder Helper [Provo, 2004]: Builder Helper provides a web-based software for bidding, estimation and
scheduling for General and subcontractors. General contractors can invite trade contractors to bid,
upload plans in .jpg format, perform on-screen take-offs with material and labour costs, and receive email
and mobile alerts. Includes RFI, change orders, scheduling, punch lists, file sharing and warranty features.

JetStream [Atlanta, 2011]: JetStream is web-based construction management software for custom home
builders and remodelers. Features include estimating, scheduling, change orders, daily logs, project
progress dashboards, lead tracking, integration with QuickBooks, file sharing and RFQ. Pricing starts at
$89 per month.

SimpleBuild [Chicago, 2011]: SimpleBuild provides a web-based construction management software for
custom home builders and remodelers assisting in design, build and warranty stages of the project.
Features include a project dashboard, scheduling, bid-outs, purchase and change orders, punch lists, daily
reporting, document management and warranty after close-out.

Suite

Eadoc [Oakland, 2006]: EADOC provides a web-based construction management application for
managing capital projects. Facility owners and construction managers use EADOC to exchange project
information like submittals, drawings, RFIs, Punch Lists, Quality inspections, Daily logs, Job site photos and
change orders electronically with their contractors, architects, and engineers. Financial modules include
budgeting, contract tracking, funding sources and pay requests.

Suite

BuildTools [Minneapolis, 2010]: BuildTools provides web-based construction management software for
custom builders and remodelers. Features include bid management, estimating, scheduling, change
orders, client communication, documents and images, reports, punch lists, budgeting and integration with
QuickBooks. Free mobile app for iOS available. Charges $99 for the first month and later month charges
based on the number of users. Some of the customers include Regency builders and Stonewood LLC.

Construction Tech Report, February 2016

Funding

Investors

Building Technology

Design Tools

Visualization

Construction Project Management

Marketplaces

Construction Project Management (7/41)


Company

Suite

43

Details
Gate Three [Mississauga, 2009]: Gate Three is a product of EllisDon which helps in construction project
management throughout its lifecycle. Features include dashboards, contacts, communications, drawing
management, bid notifications, estimations, scheduling, RFIs, daily reporting, change orders, budgeting,
cost management and payrolls. iOS app available.

Suite

Corecon [Huntington Beach, 1999]: Corecon Technologies provides estimating and project management
software solutions for general contractors, subcontractors, homebuilders, developers, and engineering
firms. Its software suite features include estimating, project management, job cost control, scheduling
and collaboration with integration to accounting systems such as Intuit QuickBooks or SAP Business One.
Received both a commercial and residential Constructech Top Product Award in 2014 and 2013.

Suite

HCSS [Sugar Land, 1986]: HCSS provides a suite of software specialised for contractors involved in heavy
constructions. Suite of software include HeavyBid for estimating and bid management, HeavyJob for time
cards and reporting, The Dispatcher for crew and equipment scheduling, HCSS for safety reporting and
management, HCSS GPS for equipment and crew tracking, Equipment 360 for asset and work orders
management and FuelerPlus for fuel cost tracking and management. Also has mobile apps for iOS and
Android. Claims that its software is being used by more than 45000 professionals.

Suite

e-Builder [Fort Lauderdale, 1995]: e-Builder provides web-based capital program management and
construction project management software. Capital management features include cost management,
forecasting, change management, capital planning, fund tracking, benchmarking the costs with other
companies and claim mitigation. Project management features include scheduling, field management,
design review and process management. Also provides a dashboard for business intelligence. Provides API
for integrating ERP, accounting, GIS and other in-house project management solutions. Mobile app
available for iOS and Android. Acquired Scenario VPD in July, 2015. Also serves healthcare, higher
education, K-12 and government verticals.

Construction Tech Report, February 2016

Funding

Investors

Building Technology

Design Tools

Visualization

Construction Project Management

Marketplaces

Construction Project Management (8/41)


Company

Details

Suite

Co-construct [Crozet, 2005]: Co-construct provides home builders and remodelers with a project
management software. Its features include creating estimates and proposals, tracking leads, tracking
change orders, staff management, scheduling, patent-pending client communication system, cost
forecasts, customised branding and marketing and integrations with accounting software and Facebook
for sharing and updating project photos. Plans start at $99/month for one project. Named the 515th
fastest growing company in America by INC Magazine in 2014.

Suite

Pantera Tools [Chicago, 2009]: Pantera Tools is a free SaaS-based software for construction project
management. Its features include Invitation to Bid, Document Management, Online Plan Room,
Procurement tracking, Scheduling, Punch lists, Time Tracking, Issue tracking and resource allocation.
Offers Print-On-Demand for digital files received from any source with Printed files delivered at the
doorstep.

Suite

BuilderTREND [Omaha, 2006]: BuilderTREND web-based and mobile construction management software
for home Builders and remodelers. Its presale features include proposal creation, bid invitations and lead
tracking. Project management solutions include managing schedules, documents, photos, change orders,
messaging and procurement. Can be integrated with Quickbooks and Xero for accounting. Charges $99
per month. Claims to have more than 200K users as of November,2015. Was named in Top Construction
Tech products Residential, 2015.

Suite

Suite

44

StratusVue [Fox Lake, 2001]: StratusVue provides cloud-based solutions that enhance collaboration in
commercial construction projects. The three solutions include BidVue for Invitation to Bid & RFP
Management, PlansandSpecs for Document and Project Management and BIMfx for BIM Coordination
and Data Linking. Winner of Gold Award as Technology Enabler at 2014 Constructech Vision Awards.
Projectmates [Richardson, 1995]: Projectmates is an online construction management software launched
in 2000 by Systemates Inc. It offers a host of features like document management, workflow
management (RFI, Punch lists, Submittals), contract management (budget, change orders, purchase
orders), capital management, scheduling and task management, bidding and reporting. Mobile version
also available. Claims to have Over 50,000 users from organizations such as Retailers, Real Estate
developers, Educational and Government agencies.

Construction Tech Report, February 2016

Funding

Investors

Building Technology

Design Tools

Visualization

Construction Project Management

Marketplaces

Building Technology

Construction Project Management (9/41)


Company

Details

Funding

Investors

Rave Build [Hamilton, 2009]: Rave Build helps residential homebuilders and remodelling companies
manage every aspect of their business. The SaaS offering integrates CRM, Project Management, Quotes,
Tenders and Document Handling. Secured second place in Start-Up Alley competition, 2015.
iSqFt [Cincinnati, 1993]: iSqFt helps project owners, architects, engineers, contractors, subcontractors,
building product manufacturers, suppliers and distributors by providing a platform to collaborate during
Chrysalis Ventures, River Cities Capital
preconstruction stage. Processes more bids by sending more invites and effectively matching with
Funds, Ticonderoga Capital, Reservoir
bidders. Provides online take-off tools and bidding platform. Has acquired BuildPoint, US Projects, $7.65M
Venture Partners, Fort Washington
BuildFax, BidNews Construction Reports and Plan Express. Has merged with BidClerk and CMD group. Has
Capital Partners Group
twice been included in Inc. magazines list of fastest growing private companies, and has been named one
Pre-Construction Management of the Business Couriers Best Places to Work three consecutive years.
BuildingConnected [San Francisco, 2012]: BuildingConnected is a tool for bid management in
construction. The tool can be used to invite bidders, share project information, network and
communicate with the bidders and securely store bid management documents. Operating on a freemium
$ 10.7 M
model, it offers premium and advanced features for builders looking for a complete pre-construction
Pre-Construction Management - solution. BuildingConnected reports that more than 250 U.S. commercial construction companies
Bidding
currently use the platform for project bids.

Crosslink Capital, Homebrew,


Freestyle Capital, Bee Partners, Brick
& Mortar Ventures

ProTenders [Abu Dhabi, 2009]: ProTenders solves business problems by providing an efficient, secure
and user-friendly Cloud eTendering solution for architects, contractors and suppliers, enabling them to $1.25M
Pre-Construction Management - manage their entire tender process online and get better prices, faster.
Bidding
BidRazor [Saint Charles, 2012]: BidRazor is a mobile application designed to expedite construction bids.
Estimates the bid values by using the floor plan created by the integration of the app with MagicPlan and
Pre-Construction Management - inputting the cost of materials and labour.
Bidding

45

Construction Tech Report, February 2016

Capital Innovators

Design Tools

Visualization

Construction Project Management

Marketplaces

Building Technology

Construction Project Management (10/41)


Company

Details

GradeBeam.com [Deerfield, 2000]: GradeBeam uses its network of construction companies to help with
information exchange among construction professionals that occurs in the pre-construction phases of
projects, including Invitations-To-Bid (ITBs), drawing/specification distribution, corrections, addenda,
requests for information, and responses. Claims to have a network of over 628000 companies as of 2015.
Pre-Construction Management - Charges an annual fee to general contractors for sending unlimited bid invites while the platform is free
Bidding
for subcontractors.
EstimateOne [Melbourne, 2008]: EstimateOne is a tender management platform for commercial projects
in Australia. Construction companies or general contractors float their tenders, subcontractors view and
submit their bids. Claims that more than 40,000 organisations have used the platform in 2015 alone to
Pre-Construction Management - tender over 7,500 projects worth $52 billion. Some of the construction companies that use EstimateOne
platform are Kane, Grindley, Lipman, McCorkell, 4Dimenstions etc.
Bidding
Tenderfield [Sydney, 2013]: Tenderfiled provides an online tender management software for contractors,
subcontractors and owners in construction. General contractors can upload an unlimited number of
project and related documents specifying the subcontractor trades needed for construction by paying a
Pre-Construction Management - monthly subscription fee. Subcontractors receive alerts when a project requirements match their trade
and can then bid for that project securely. Charges $150 per user per month.
Bidding

bidclerk.com [Chicago, 2002]: BidClerk provides construction data and visibility of the project life cycle
status information to its subscribers and provides an opportunity to connect and bid for the projects.
Projects and related documents can be uploaded for free and is made available to subscribers. Bidders
Pre-Construction Management - express their wish to bid, owners can choose to send bid invites and then bidders get to bid for that
project through an online plan room. Genstar Capital merged BidClerk with iSqFt in October 2014.
Bidding
SmartBidNet [College Station, 2006]: SmartBidNet, a product of JBKnowledge, is a construction bid
invitation software for commercial construction general contractors. Using the web-based platform
contractors can send invites to subcontractors for bidding, manages prequalification of subcontractors,
Pre-Construction Management - plan file distribution and collaboration, and manage responses. The app is available on a yearly
subscription basis.
Bidding

46

Construction Tech Report, February 2016

Funding

Investors

Hyde Park Angels

Design Tools

Visualization

Construction Project Management

Marketplaces

Construction Project Management (11/41)


Company

Details

Funding

Investors

$300 K

CincyTech

PipelineSuite [Newport Beach, 1998]: Construction Bid Management is a web based software to help
general contractors send invites to bid. Contractors can pre-set qualifications for subcontractors and
securely send bid documents. Contractors can also track and respond to RFIs. Other features include Bid
Pre-Construction Management - calendar and contact management. Online Building Products, Inc is its parent company.
Bidding
BuildCircle [ , 2010]: Buildcircle provides a platform for contractors and project managers to tender bids.
Sends bid invitations to selected subcontractors from one's contacts, shares necessary files and tracks
communications through integrated email and fax feature. Incubated by Communitech HyperDrive in
Pre-Construction Management - 2012.
Bidding
BIDMAIL [Orem, 1994]: BidMail provides a software solution for inviting and managing of bids for
contractors and subcontractors in construction. Contractors can send out invites via email/fax to
subcontractors from their contact list. Users can set prequalifications, create plan rooms, monitor subs
based on their viewing or downloading activities, perform area, line segment, linear, and count takeoffs
Pre-Construction Management - all in the cloud. Also sells plotters and accessories through its online store. Claims that 40 of the top 50
Bidding
General Contractors in the United States uses their platform.
Stack [Cincinnati, 2010]: Stack Construction Technologies helps contractors and subcontractors in
construction industry for coming up with estimations for bidding. The tool allows contractors to measure
and count using digital blueprints online without having to download them first. Colour coding on the
blueprint automatically calculates the area, distance and volume of the construction and tells contractors
how much of each material they will need so they can accurately predict their costs for the project. Stack
Pre-Construction Management - To Go provides the facility of a third party to estimate for the existing users. Was earlier named as Cloud
Estimation and Take-Off
Takeoff. Got $1M loan from Ohio state.
On Center Software [The Woodlands, 1988]: On Center Software provides take-off, estimation and
labour tracking software to General Contractors and other speciality trade subcontractors. Solutions
include On-Screen Takeoff for calculating take-offs, Quick Bid for estimations, and Digital Production
Pre-Construction Management - Control for managing labour, cost overruns and cost forecasts. Claims to have customers in 60 countries.
Estimation and Take-Off

47

Construction Tech Report, February 2016

Accel-KKR

Building Technology

Design Tools

Visualization

Construction Project Management

Marketplaces

Construction Project Management (12/41)


Company

Details

Sigma Estimates [New York City, 2003]: Sigma Estimates is a Microsoft spreadsheet-like interface cost
estimation solution for contractors in the construction industry. Users can use their own database or 3rd
party database, such as R S Means, for the cost of resources to arrive at the estimates of the project. Also
provides insight analysis and detailed breakdowns for WBS, CBS etc. Provides pre-made templates for
Pre-Construction Management - professional reporting and sharing features. Available through an annual subscription with the option of
Estimation and Take-Off
syncing to a mobile device. Founded in Denmark and later moved its headquarters to New York.

JobFLEX [Rockford, 2013]: JobFLEX is a mobile app for estimating and sales of small and medium size
speciality trade contractors like carpentry, concrete, decks and patios, drywall, electrical, fencing,
flooring, foundation, general contracting, handyman, HVAC, insulation, landscaping, remodeling,
plumbing, and painting. Once users upload the cost of materials data they can start creating estimates.
Mobile app for Android released in 2015 and claims to have over 5000 companies using the app in US and
Pre-Construction Management - Canada. Offers a free trial for 30 days. Paid Basic app is priced at $9 per month for 1 user and Pro is priced
Estimation and Take-Off
at $39 per month for 5 users.
ProEst [San Diego, 1976]: ProEst provides software to perform digital takeoff and estimations to
contractors to help them bid competitively. Has a Microsoft office kind of user experience, provides
detailed costs for materials, labour, subcontracts and other costs, markup adjustments, generate cost
Pre-Construction Management - wise reports, and integration of RS Means database and iSqFt for quicker bidding.
Estimation and Take-Off
Buildsoft Estimating Software [Bray, 1992]: Buildsoft provides a suite of software to contractor and
subcontractors with takeoff and estimating tools. Suite of software includes Cubit, for takeoffs, Estimating
Series, for estimating, cost grouping and analysis, and Mudshark, for earthworks estimations. Has offices
Pre-Construction Management - of London and Dublin. Claims to have a customer base of over 1000 users.
Estimation and Take-Off

48

Construction Tech Report, February 2016

Funding

Investors

Vkstfonden

Building Technology

Design Tools

Visualization

Construction Project Management

Marketplaces

Construction Project Management (13/41)


Company

Details

eTakeoff [Lafayette, 2004]: eTakeoff provides takeoff software applications for the construction industry
through its products eTakeoff Dimension and eTakeoff Bridge. eTakeoff Dimension helps in electronic
viewing and advance takeoff features like layers, user defined assemblies, annotations, drawing
comparisons, excel integration and pattern search. While the basic pack is free, the advanced pack is
Pre-Construction Management - priced at $950 per licence. eTakeoff Bridge integrates eTakeoff Dimension with Cost Estimating systems
Estimation and Take-Off
like Sage Estimating 300.
Bid4Build [Winthrop, 1995]: Bid4Build estimating and digital takeoff software provide estimating,
scheduling, job costing and reporting for construction. Estimating software is priced at $595 while Digital
Take-off software pricing starts at $295 and Design Build Estimator pricing starts at $49. Charges further
Pre-Construction Management - for support and yearly software update features. Ranked "# 9 of all business software" with over 150,000
downloads since 2003 by CNet Download.com.
Estimation and Take-Off
PlanSwift [Bountiful, 2007]: PlanSwift, a subsidiary of Textura, provides software for estimations and
take-offs to general and subcontractors. Contractors can perform on-screen take-offs from electronic
blueprints present in CAD, PDF or JPG formats. Estimates like materials, labour, square footages,
perimeters, volumes of simple or complex areas, beams, rebar, studs, gallons of paint, concrete,
insulation, gravel and length of copper wire can be calculated. Can be integrated various plan room and
accounting software. Available on both perpetual and subscription licence. Pricing starts at $79 per month
Pre-Construction Management - per licence. Claims to have over 40000 users as of 2015. Was name ConstructionTech Top 50 in 2012 and
Estimation and Take-Off
Constructech Residential Top Product for 2015.
Clear Estimates [Ann Arbor, 2004]: Clear Estimates is web-based software for remodelling contractors to
help them in coming up estimates. Adding quantities and materials generates a estimate report. Available
Pre-Construction Management - on a monthly subscription price of $59.
Estimation and Take-Off

49

Construction Tech Report, February 2016

Funding

Investors

Building Technology

Design Tools

Visualization

Construction Project Management

Marketplaces

Building Technology

Construction Project Management (14/41)


Company

Details

Funding

Investors

WaveReform [Lancaster, 2011]: Current, a software by Waveform, is used for estimating the bid cost for
contractors. It helps create estimates, digitally sign, store contacts, notes and take-offs. It can also
Pre-Construction Management - automatically sync the data with Quickbooks.
Estimation and Take-Off

Field Management

FieldLens [New York City, 2011]: FieldLens is a construction field management app to manage everyday
Quotidian Ventures, High Peaks
issues faces on the jobsite. Contractors, engineers and owners can use fieldlens to collaborate with each
Venture Partners, SoftBank, NYC Seed,
other. Realtime communication that happens in FieldLens puts an end to the series of site visits, phone
Contour Venture Partners, OpenView
$12.6M
calls, emails, meetings, and endless paperwork typically associated with jobsite issues and tasks.
Venture Partners, Lerer Ventures,
Generating observation reports from jobsite notes, custom filtered newsfeeds and images to handle
High Peak Venture Partners, Borealis
jobsite issues are few other features offered by FieldLens.
Ventures

Field Management

Finalcad [Gometz-la-Ville, 2011]: Finalcad, a part of Knowledge Corp Group, provides mobile apps for
managing field issues, safety, equipment and inventory for the construction industry. Has QR code
capabilities. Has offices in London and Singapore. Claims to have been used in more than 6,000 projects in $2.86M
25 countries as of 2015. Apps available for iOS, Android and Windows 8 OS. Was ranked 109th fastest
growing technology company in Deloitte Fast EMEA, 2015.

Field Management

Field Management

50

Fieldly [Helsingborg, 2013]: Fieldly is an online application for construction with workers in the field.
Fieldly applications help employees in office and field communicate effectively. Supervisors can manage
daily operations by assigning tasks, work orders, quotes, view expenses etc. The field employees using
mobile apps can receive projects and work orders, report time, travels, materials and create field reports.

$620K

Construct LATAM [Belo Horizonte, 2014]: Construct is a web and mobile application that helps Brazilian
construction companies be more efficient by centralizing job site information and communication.
Construct enables builders, engineers, architects and subcontractors to collaborate in real-time through
photos, videos and voice notes, create reports instantly, mark up digital floor plans and quickly document
every field decision.

$450k

Construction Tech Report, February 2016

Serena Capital

Design Tools

Visualization

Construction Project Management

Marketplaces

Building Technology

Construction Project Management (15/41)


Company

Details

Field Management

ADR Software [Reston, 2009]: ADR Software, LLC owns and operates Workforce Monitor, a service that
helps in tracking and monitoring the workforce. ADRs Workforce Monitor is a monthly subscription that
uses RFID tags affixed to construction helmets or badges to track laborers as they enter and exit
construction sites through designated entry points where self-sustained portals load this data into the
Cloud. This labor presence information can be monitored in real-time from any internet enabled device
and stakeholders can then generate customizable reports.

Field Management

Field Management

Field Management

Field Management

51

Tailgate Technology [Fort Lauderdale, 2013]: Tailgate Technology provides mobile apps for construction
job sites. Its apps include CrewKeeper which helps in entry of timesheets, issues, expense reports, safety
audits and equipment logs, YEStimator for on-site estimating with electronic proposals but is still under
development. Apps available in iOS. CrewKeeper is priced at $21.99.
IPM Global [Brisbane, 1998]: IPM Global provides software for project and contract management to AEC
industry. Its features include Contract management like change orders, invoicing, subcontracts, billing,
Project management like document management and field workflows, progress tracking, and forecasting
tools. Can be integrated with SAP, Sage and Microsoft Dynamics. Mobile app available on iPad, iPhone,
Android, Blackberry and Windows Phone. Was named in Construction Tech Top 50 in 2014. Charges $159
per user per month. Has offices in USA and Hong Kong.
Envision [Brisbane, 2008]: Envision is a web and mobile-based software developed by Ennova for
construction management of complex infrastructure projects. Features include contract workflows,
scheduling using Last Planner, daily logs, resource management, time tracking, BI reporting, and
integration with third-party mobile form providers. Has mobile apps for iOS and Android.

Aproplan [Brussels, 2012]: Aproplan is a mobile app for clients, architects, engineers and contractors to
collaborate on a construction project. Its features include punch lists, meeting minutes, document
management, compare plans, meeting minutes, issue tracking, inspection reporting and safety
documentation. Offered on a freemium model with premium packs starting at $23/month. App available
only for iPad.

Construction Tech Report, February 2016

Funding

Investors

Virginia's Center for Innovative


Technology

Design Tools

Visualization

Construction Project Management

Marketplaces

Construction Project Management (16/41)


Company

Details

Field Management

Latista [Reston, 2008]: Latista construction field management solution of Textura Corporation. Its web
and mobile tablet software provides features for collaboration, scheduling and tracking inspection on the
field, punch lists, issue and mark drawings, photos, sketches etc. and more. Customers include capital
project owners and general construction and engineering firms. Mobile apps available for iOS and
Windows.

Field Management

Construction Pro Manager [Katonah, 2013]: Construction Pro Manager is a cloud-based construction
managing software for log and forms used in a construction project targeted mainly at small and medium
construction contractors. Claims to have 42 construction-based logs for Administrative, Technical and
Field uses along with 23 essential Construction Forms, Breakdowns and Schedules. Mobile apps available
for iOS and Android. Priced at $175/month with unlimited users, while biannual and annual subscription
plans are also available.

Field Management

52

Paskr [Nashville, 2004]: Paskr is a cloud-based construction project management software. Its features
include plan rooms, daily logs, punch lists, change orders, scheduling, document management, esignatures, subcontractor billing, project dashboards, and integration with QuickBooks. Has mobile apps
for Android and iOS.

Field Management

QA Software [Melbourne, 1995]: QA Software provides a suite of software for collaboration in


construction projects. Its software include TeamBinder, an online document management solution,
QDMS, a document or drawing control system, QTRAK, for correspondence management, Defect
Inspector, for inspection & defects management, QVDMS, for vendor data management, and QMS
for project materials management. Has Outlook integration and is a Microsoft Gold Partner. Provides
locally hosted option to clients. Has offices in UK, US, Indonesia and Sri Lanka.

Field Management

True Intelligence Technologies [Wilmington, 2013]: True Intelligence Technologies Inc provides is a
cloud-based software, Gameplan, that helps general contractors and project managers in project
management and collaboration. Features include Project group creation, Submittals, RFIs, Transmittals,
Checklists for auditing, Punch lists, material, equipment and employee management, and task
management. Mobile app available for iOS. Has offices in Wilmington and Indore.

Construction Tech Report, February 2016

Funding

Investors

Building Technology

Design Tools

Visualization

Construction Project Management

Marketplaces

Construction Project Management (17/41)


Company

Details

Field Management

MySmartPlans [Kansas City, 2006]: MySmartPlans is a SaaS-based desktop application for construction
project information management. It brings together project information from all participants into a single,
collaborative virtual workroom, tracks changes, verifies requirements and keeps plans up to date.
Features include submittals, RFIs, Team logs, equipment information, contacts, and Plans and
specifications. Some of the clients include Burns & McDonnell, Kansas, Skanska, GSA and KU. Was listed in
the Construction Tech Top 50 for the year 2015. Founder is a winner of over 10 awards including KC
Magazine Influential Woman Award in 2015.

Field Management

Field Management

Field Management

Field Management

53

Autodesk BIM 360 [San Rafael, 1982]: BIM 360 provides a family of software and mobile apps for
construction field collaboration. Products include BIM Docs for drawing and document management, BIM
Glue for model clash issue resolution, BIM Layout for conducting layout and QA/QC, BIM Plan for
scheduling and tracking PPC, and BIM Field for issue management and safety audits.
McLaren Software [Glasgow, 2000]: McLaren Software provides engineering document management and
project collaborations solutions to Owner Operators, EPC Contractors and AEC Companies. Its features
include document control, site inspection, project intelligence dashboard, transmittal management, BIM
management and handover management. Claims to have 300K users across 50 countries. Has offices in
Houston, San Francisco, Calgary, Paris, Rennes, Frankfurt, Warsaw and Pune.
PM Vitals [Greenville, 2012]: PM Vitals provides field management tools for construction projects. Some
of its features include Critical path scheduling, task manager, document management, change order
manager, procurement quantity takeoffs and estimates, progress tracker, daily logs, RFIs, equipment
tracking, safety management, and training tracker.

Fluid CM [Sparks, 2012]: Fuild CM provides contractors with field collaboration and contract
management tools. Team members can send messages, Set up, track, compare and project contract
budgets, prepare daily logs with voice-to-text feature, manage documents, RFIs and submittals. First two
projects are free and charges $99 per month later.

Construction Tech Report, February 2016

Funding

Investors

Building Technology

Design Tools

Visualization

Construction Project Management

Marketplaces

Building Technology

Construction Project Management (18/41)

54

Company

Details

Field Management

SiteMax Systems [Vancouver, 2013]: SiteMax Systems helps contractors in field management through
their web and mobile software. Its features include scheduling with critical path method, worker and
machinery usage time entry, daily event logging, photo pooling, tool tracking with QR codes, document
management, digital purchase order systems, messaging system and web portal for each project that can
be shared with the client for viewing real-time project information. Launched BuildBoom, a social
network for construction professionals.

Field Management

eSUB Construction Software [San Diego, 2007]: eSUB is a construction project management tool.
Provides features for field workers to track project, complete RFIs, get information for submittals, and
finalize change orders, updates and communication with the offices while project managers can enter
data, site events, labor activities, material costs, workforce information etc. searchable database updated
in real-time and executives can access projects online. Integrates with major accounting softwares.

Field Management

FieldConnect [Irvine, 2002]: FieldConnect provides field mobility software solution for businesses to
manage their field workforce. Provides a range of solutions to enable field employees to access and
modify electronic work orders, communicate in real time and for back offices to dispatch, schedule, and
route jobs. Also provides tools for customer self-service portal, GPS fleet tracking, quoting, invoicing,
expense and time tracking and more.

Field Management

Asite [London, 2001]: Asite project cloud collaboration tool, Adoodle, provides features like document
management, project management, supplier sourcing and procurement, and BIM. Adoodle also offers a
lot of plugins to other software tools like Revit, SAP, EMC2, Sage, OpenText, COINS etc. The company
went public and later got delisted in 2009 from AIM. Asite has regional offices in North America, Australia,
India and South Africa.

Field Management Collaboration

PlanGrid [San Francisco, 2011]: PlanGrid helps store all project drawings are stored in the cloud so
theres no more tracking down plan sets and leafing in changes. Users can publish it on the web and
everyone gets updated. Also lets you take photos which are shared with the team and archive in a single
$59.1M
folder. The service is free for up to 50 sheets of storage with iPad and web access. Pricing starts at $39
per month per person up to 550 sheets. PlanGrid is a YCombinator company (W12) that is also backed by
Google Ventures, Navitas Capital, and 500 startups.

Construction Tech Report, February 2016

Funding

Investors

Sequoia Capital, 500 Startups, Y


Combinator, Navitas Capital, Paul
Buchheit, Tenaya Capital, Founders
Fund, Northgate Capital

Design Tools

Visualization

Construction Project Management

Marketplaces

Building Technology

Construction Project Management (19/41)


Company

Funding

Field Management Collaboration

Newforma [Manchester, 2003]: Newforma provides project information management (PIM) software for
architecture, engineering, and construction firms worldwide. Some of its key features include Submittals,
Punch List and RFI management, document management and creating daily reports. Claims that the $21.1M
software was used to manage 1.8 million projects. Has offices in Australia, Singapore, Canada and UAE.
Has acquired SmartUse app from Montreal-based mobile agency, NVentive in 2014.

$6.6M

Field Management Collaboration

Fieldwire [San Francisco, 2013]: Fieldwire provides field management to construction workers through a
website and mobile app that enables project managers and foremen to create a list of tasks and rank
them based on priority. Workers can view blueprints, track issues through photos and documents,
manage tasks, track work hours and more. Operates on a freemium model and was a part of Angelpad
accelarator.

$2.3M

Field Management Collaboration

Fasttac [Pittsburgh, 2005]: Fasttac is a construction and facilities management platform. It allows user
markups and inputs on drawings which is shared with the entire team instantly. It also maintains a version
of every change made. Users can share and view published drawings, documents and models, supervisory
notes, comments and annotations, subject matter expert instructions, comments and advice, and labors'
observations and reports etc through the app. Priced at $49 per month.
Ape Mobile [Perth, 2012]: APE Mobile is the paperless site app for contractors in construction and civil
contracting. Users can create, edit and share forms related to operations, safety, project management,
drawings and punch lists on mobile. Pricing is based on monthly subscription, choice of server and the
number of users in the project. Finalists in Perth's start-up app competition, the OzAPP Awards.

$2M

GenieBelt [Copenhagen, 2012]: GenieBelt is a web and mobile-based construction management SaaS
platform for contractors, subcontractors, design teams and clients. GenieBelt helps manage drawing
revisions, audit trail and track project tasks. Certain features are free and additional features follow
project based pricing model.

$1.2M

Field Management Collaboration

Field Management Collaboration

55

Details

Construction Tech Report, February 2016

Investors
Borealis Ventures, North Bridge
Venture Partners, Kodiak Venture
Partners, North Bridge Growth Equity
and Venture Partners

Trinity Ventures, Bloomberg Beta,


AngelPad, Formation 8

Design Tools

Visualization

Construction Project Management

Marketplaces

Building Technology

Construction Project Management (20/41)


Company

Field Management Collaboration

Field Management Collaboration

Field Management Collaboration

Field Management Collaboration

56

Details

Funding

Investors

BaseStone [London, 2012]: Cloud-based software offering drawing review and collaboration for
construction. The technology digitises review process. The information is updated real time. With this
actionable data, insurers can address the insurance concerns of the commercial projects in a better way.

$610k

Barclays Accelerator

Jobsite Unite [Des Moines, 2012]: Jobsite Unite is a mobile and web Software-as-a-Services platform that
streamlines, organizes, and records jobsite communication on construction projects. It lets contractors
create a project within the platform and grant access to team members. By checking in to geo-location
job sites workers can access contacts, schedules, plans, pictures, and participate in relevant project
interactions. Information is delivered through push notifications to the workers mobile device who can
collect field information . From the dashboard, managing employees can review progress, track time,
assign schedules, view workflow projections and review their manpower outlook. Part of Capital
Innovators, St. Louis based accelerator's 2015 spring class.

$50K

Capital Innovators

RIDARTECH [Tel Aviv, 2013]: RIDARTECH is the developer of Communicator mobile app for
documentation and reporting in construction sites. Features include access to drawings, on-site reporting,
task management and alerts. Available only for Android users.

Buildcon [Belgrade, 2014]: Buildcon provides field construction management application. Provides a
mobile and web application for construction companies, project managers and general contractors. Its
provides features for instant coordination between team members and subcontractors, precise statistics,
including daily notifications. Engineers can schedule activities and check status while workers can take
photos of activities and share with their colleagues and collaborate.

Construction Tech Report, February 2016

Design Tools

Visualization

Construction Project Management

Marketplaces

Construction Project Management (21/41)


Company

Details

Field Management Collaboration

ArchiSnapper [Brussels, 2012]: ArchiSnapper is an online tool and a mobile app that helps in field
reporting, site visit reporting and punch list for architects and construction professionals. Users can
include photos, annotate, markup and edit to create reports from the field and share them with the
office. Has mobile app for iOS and Android. Claims to be used by over 2000 AEC professionals. Pricing
starts with $24 per month per one user.

Field Management Collaboration

Field Management Collaboration

Field Management Collaboration

Field Management Collaboration

57

Snagmaster [Glasgow, 1989]: Snagmaster is a web and mobile app for contractors and subcontractors in
construction to manage punch lists, create eForms and other workflows. Issues, forms, snags etc are
added by pinning on the drawing along with photos. Users can create, assign, track and manage issues
using a web portal or through its mobile apps, which are available for iOS and Android.
Freighttrain [Emeryville, 2002]: Freighttrain is a cloud-based data management platform for construction
process. Their "implementation specialists" work with the client and create custom forms and workflows
needed, and route them correctly for notifications, updates and approvals. Also provide "Visual Fragnets"
that aid in visualising the project progress on the architecture drawings. Some of the clients include
Bechthel, DPR construction, Turner construction etc.
Okitoo [Paris, 2009]: Okitoo is a web and mobile app developed by Ideoserse SAS for architects and
engineers to sketch, markup, annotate, comment and measure the drawings in real-time and collaborate.
Automatically generates a PDF with the list of markups and edits on the drawings. Pricing starts at 7 /
month/users with no web access. Mobile app available only on iOS.
Construction Communicator [ , 1989]: Construction Communicator is a web-based construction project
workflow management software developed by Richard Sampson Associates. Tracks contract
administration workflows like RFIs, ASIs, submittals, CORs, CCOs, CCDs, RFPs, notices to owners and
contractors, and contractor payment applications. Subscription price based on the number of users and of
features. Moved to a web-based system in 2002.

Construction Tech Report, February 2016

Funding

Investors

Building Technology

Design Tools

Visualization

Construction Project Management

Marketplaces

Construction Project Management (22/41)


Company

Field Management Collaboration

Submittal Exchange [West Des Moines, 2003]: Submittal Exchange online system for exchanging,
reviewing and archiving construction submittals, RFIs, and other construction communications. Its other
software, Greengrade, is a LEED Management Software that helps with LEED strategies, notes &
automated reminders. Awarded GSA IT 70 Schedule in 2014.

Field Management Collaboration

FinishLine [Eugene, 2009]: FinishLine from Active3DB, originally created for a specific project in 2006,
provides tools for punch lists, QA/QC, safety, warranty tracking, completion lists and field observation.
Allows users to punch on the plan technology, letting them add items, review issues, complete site
evaluations, and send reports/task lists to subcontractors. Has mobile apps for Android, iOS and
Windows. Claims to have over 2500 users in 9 countries. Normally priced on per-project basis.

Field Management Collaboration

Cadbeam [London, 2014]: Cadbeam provides a cloud-based mobile app for construction field
management. Its features include sharing drawings with markups and annotations, assigning and
managing tasks, progress tracking, dashboards to indicate project health and preparing daily reports.
Plans to provide BIM-based collaboration by 2016. Selected in the Sirius programme (supported by the UK
Trade & Investment) for bringing innovative technologies to the construction industry. Was named
as one of the 12 top European startups in the Tech All Stars 2014 competition. Pricing is monthly based
and depends on the number of users.

Field Management Collaboration

Bluebeam [Pasadena, 2002]: Bluebeam provides PDF creation, markup and editing solution through its
modules Revu, Vu and mobile apps for iOS. Using a plug-in, Blubeam generates PDF drawings from
AutoCAD and SolidWorks. Bluebeam Studio Platform allows cloud-based collaboration. Has received
several awards like Gold in 2015 Hermes Creative Awards, Bonze in Telly Awards, Prism Awards, 2014,
Construction Tech Vision Award winner, 2013.

Field Management Collaboration

58

Details

BluVue [Plano, 2012]: BluVue Plans desktop and mobile platform is a cloud-based solution for
collaborating over construction plans. Users can manage and distribute digital plans and drawings, track
history, capture annotations and create markups. Mobile apps available for iOS and Android. Pricing starts
at $14.95 per user per month.

Construction Tech Report, February 2016

Funding

Investors

Building Technology

Design Tools

Visualization

Construction Project Management

Marketplaces

Construction Project Management (23/41)


Company

Field Management Collaboration

Field Management Collaboration

Field Management Collaboration

Field Management Collaboration

Field Management Collaboration

59

Details
Aecore [San Jose, 2015]: Aecore is a SaaS-based application designed to help construction professionals
manage projects and collaborate more efficiently. Features include document sharing, task management,
RFI and daily reporting. Free for 1 project and charges vary on the number of projects on a monthly basis.

Basepin [Seattle, 2005]: Basepin offers Connect, a role-based software which enables Owner, Architect,
& Contractor teams to collaboratively resolve design/construction issues. Uses CAD technology and
web-based software to track and resolve design conflicts, tracks all closeout items like Punchlist, QA/QC,
Work to Complete, Field Report, Tenant Requested Change, Owner Requested Change, Buyer Inspection
Punch, Not in Scope and Safety Issues. Also provides BIM consultancy services.
CompanyCam [Lincoln, 2015]: CompanyCam provides an app for photo documentation in construction.
Every photo taken with CompanyCam is automatically organized by the place where it was taken, the
person who has captured and is made available to everyone in the company. Users can also create
markups on the photo and add notes. Charges $8 per month per user.

Project DocControl [Tampa, 2009]: Project DocControl provides document collaboration solutions to
subcontractors. Its features include RFI, submittals and transmittals management, change orders, tracking
correspondence with its MS Outlook add-in, tracking equipment rental details, creating daily reports, and
managing drawing and other contract documents. Sold on a licence basis.

Leank [New York City, 2015]: Leank is a web-based software platform that provides project information
and communication between team. Has features for tasks management, contacts, document sharing,
dashboards, transactions, communication and timelines for the project. Currently in beta. Pricing starts at
$399 for 10 users.

Construction Tech Report, February 2016

Funding

Investors

Building Technology

Design Tools

Visualization

Construction Project Management

Marketplaces

Building Technology

Construction Project Management (24/41)


Company

Field Management Collaboration

Field Management Collaboration

Field Management Collaboration

Field Management Collaboration

Field Management Collaboration - Task


Management

60

Details

Funding

Investors

C$30k

MaRS Innovation, UTEST-Toronto

Drawboard [Melbourne, 2011]: Drawboard is a PDF annotation tool that is exactly which allows the
engineer to edit and share documents digitally. Can be used for reviewing documents, reading code
documents and replying to submittals and RFIs in AEC industry. Customers can also insert notes, pictures,
shapes, polygons, lines etc.

Kosah [Seattle, 2012]: Koash provides a cloud mobile and web-based tool for RFI management in
construction industry. Contractors or subcontractors can create, issue, respond and track RFIs. The tool
also provides a full-text search tool. The product is offered in Freemium model.

Rollout [Dallas, 2013]: Rollout is a Cloud-based drawing management tool for construction and
engineering. Users can create, revise, collaborate, share markup and comment securely in real time.
Filters help search and track the changes made in the drawing based on user, time and date.

OnTarget Software [New York City, 2014]: OnTarget is a cloud based construction management tool.
Provides features for field workers to update the project status, Share markups and photographs from the
construction site, create a RFI or change order request using on Target App while its web app generates
reports about team's performance, cost completion and time completion. Also includes chat feature and
features to submit requests for Information, Submittals and Transmittals through online platform.
Shotlst [Toronto, 2012]: Shotlst is a collaboration platform for people who work with photos or images to
get the job done. Its web-based tool helps in storing and sharing project wise progress photos,
annotating, assigning tasks and interacting with Shotlst via text message and email. Incubated by the
University of Toronto Early Stage Technology (UTEST) program.

Construction Tech Report, February 2016

Design Tools

Visualization

Construction Project Management

Marketplaces

Construction Project Management (25/41)


Company

Details

Field Management Collaboration - Task


Management

Bolt Technology [Dallas, 2012]: Bolt Technology provides a web-based software and a mobile app for
construction contractors to plan, communicate and execute field tasks. Contractors can schedule and
assign tasks to crew along with necessary drawings. Other features include reporting, visual tracking,
integrations with Hyphen SupplyPro and Quickbooks, and labour and material tracking Has a mobile app
for iPad.

Field Management Collaboration - Task


Management

Field Management Collaboration - Daily Reporting

Field Management Collaboration - Daily Reporting

Field Management Collaboration - Punch Lists

61

Funding

Investors

Build on the Go [New York City, 2015]: Build on the Go is a mobile application that helps in task
managements in construction. Helps in assigning, tracking projects and milestones, and receiving realtime task completions through its patent-pending visual confirmation technology. Grand Prize Winner of
the 2015 Zahn Prize.

NoteVault [San Diego, 2007]: NoteVault provides daily reporting feature using its voice-to-text
technology. Its reporting system enables users to simply speak into the mobile phone and the application
transcribes it into a note, users can then add photos and the application converts it into a PDF and emails
it to project stakeholders.

Raken [San Diego, 2012]: Raken provides a mobile app for creating daily reports and managing tasks for
construction. Users can maintain work logs, create notes, share photos, manage tasks and generate
reports. Has built-in speech to text feature. Available on freemium subscription model. Was named the #1
Daily Reporting Software & Top 5 Mobile App for Construction by AGC National in 2015.
SiteWorks [Lille, 2011]: SiteWorks is a mobile app developed by Nutes which help to manage punch lists
on the worksite. Users can add snags or punch lists on the drawings, assign, track and manage them.
Further features include a dashboard to track the progress and exporting of all punch lists. Has mobile
app for iOS only and is sold on a freemium model with the premium app costing $39.99. Claims to be used
by over 1000 companies worldwide like EllisDon, eRDF, Black & Veatch etc.

Construction Tech Report, February 2016

West Partners

Building Technology

Design Tools

Visualization

Construction Project Management

Marketplaces

Construction Project Management (26/41)


Company

Details

Field Management Collaboration - Punch Lists

SnagR [ , 2008]: SnagR is a web and mobile site inspection and defect management system for
construction projects. Users first upload their drawings and the software allows to take photos, assign and
communicate defects and issues. Once the project is over, the reports can be available in a read-only
format for the audit trail. Part of Blueprint accelerator program. Has an office in Hong Kong. Featured as
"Startup of the month" in Hong Kong in March 2015.

Field Management Collaboration - Punch Lists

Field Management Collaboration - Punch Lists

Field Management Collaboration - Punch Lists

Field Management - Operations

62

IssMan [Aarhus, ]: IssMan is a mobile application available for iOS and Android users. Users can create,
assign, track, manage and close punch lists according to projects. Supports photo documentation and
exports reports in PDF, Word and Excel formats. Available on Freemium model.

KO Punchlist [Los Angeles, 2012]: KO Punchlist is a mobile app for Apple iPad and iMini to create and
manage punch lists in construction. Users can create, track, manage punch lists and can also combine
punch lists of other team members. Punch lists can be shared via email, PDF or in PUNCH format.
Connectivity via Drop Box, Box, Google Drive, OneDrive, and FTP.
Bridgit [Toronto, 2012]: Bridgit is a mobile and web communication platform for the construction
industry connecting Architects, Engineers, Contractors, Sub-Contractors and field workers. The mobile
and web-based tool, Closeout, helps manage punch lists by raising, tracking and recording. The solution is
available in two product lines for Residential builders and Commercial builders. On 15th September,
2015, Bridgit won the inaugural C100 Startup Challenge.
B2W Software [Portsmouth, 1993]: B2W provides software solutions to construction companies helping
them in estimating and bidding, field tracking and operations, and equipment management. Prior to
2013, B2W was named as Niche Software. The company's software products are B2W Estimate, B2W
Dispatch, B2W Track and B2W Maintain.

Construction Tech Report, February 2016

Funding

Investors

Building Technology

Design Tools

Visualization

Construction Project Management

Marketplaces

Building Technology

Construction Project Management (27/41)


Company

Details

Funding

Investors

$17M

Tarsadia Investments

Field Management - Safety

Daqri [Los Angeles, 2010]: Daqri offers an enterprise-class AR solution designed to empower
organizations to visualize technical assets interactively in 4D, with a cloud-based data system to support
all efforts. 4D incorporates augmented reality and other technologies to add a new dimension to any
environment via mobile and wearable devices. Daqri 4D Studio empowers design teams to create
augmented reality, with no coding necessary. Designed a smart helmet which is poised to increase
efficiency, productivity and safety of the workforce. Acquired Melon, a wearable tech startup in Feb'15
and ARToolworks which develops a library for AR app development in May'15.

$9.4M

Blackbird Ventures (Australia)

Field Management - Safety

SafetyCulture [Townsville, 2004]: SafetyCulture and its mobile app, iAuditor, helps in creating checklists
for safety issues and auto-generating reports. Users can choose a custom template, add checklists, add
inspection photos, and generate auto reports and data insights. Claims that the app is being used 32,000
times a day in over 80 countries and over 14 million audits have been conducted worldwide using
iAuditor. Received $ 1.8M Commercialisation Australia grants. Atlassian founders Mike Cannon-Brookes
and Scott Farquhar, and Bill Tai are some of the other individual investors.

Field Management - Safety

Rhumbix [San Francisco, 2014]: Rhumbix is a field construction safety and workforce optimization tool.
Its platform uses GPS and customer defined geo-fences to create more accurate records of job-hours
worked on projects. Uses machine learning to human input and passive data collected via its app,
Rhumbix helps project sites make predictions based on historical findings such as hours spent on a certain $6.13M
task or project and identify safety and health related patterns. Also provides features for workers to
access correct materials, tools, equipment, and approved drawings and streamlines communications
between field supervision and the trades.
Safesite [Los Angeles, 2012]: Safesite is a mobile application that records and communicates critical
safety information across entire construction site, allowing supervisors to save time, money and $ 500 K
improving safety culture, resulting in fewer injuries.

Field Management - Safety

63

Construction Tech Report, February 2016

Greylock, Brick & Mortar Ventures

Design Tools

Visualization

Construction Project Management

Marketplaces

Building Technology

Construction Project Management (28/41)


Company

Field Management - Safety

Field Management - Safety

Field Management - Safety

Field Management - Safety

Field Management - Safety

64

Details

Funding

Investors

NordSafety [Helsinki, 2014]: NordSafety is a mobile app for occupational safety in construction and
manufacturing sites. Features include conducting safety audits, inspections, accident reporting, predictive
$157.22K
analytics, custom forms and an API. Some of the customers include YIT, Jatke, Fingrid etc. Pricing starts at
19 per user per month.

Hands HQ [London, 2013]: Hands HQ is a web app for construction firms to help create project-specific
RAMS and COSHH assessments. Selecting nature of tasks and handling material from the existing library
generates a customised report that can be shared with the client. Finalist of CIR Risk Management
Awards, 2015.

EC1 Capital Ltd

Prysmex [Monterrey, 2015]: Prysmex makes real-time workforce intelligence, accident detection and
mitigation possible in construction, mining and petrochemical industries. They have designed an
intelligent industrial wearable that can locate in real time workers, register worked hours, alarm
accidents, detect inactivity, ensure usage of PPE and efficient planning. Some other functionalities are
detecting hazardous gases, intense temperatures and restricted worked zones. Currently they are in the
prototyping phase.

Instituto Nacional de Emprendedor

Pillar Technologies [Somerville, 2015]: Pillar Technologies helps contractors with risk and safety
management technology. Uses on-site sensors to monitor fire outbreaks, high humidity exposure, mold
growth and other destructive environmental conditions. Send out alerts when any risk is detected and
provides forecasts based on the information gathered from accident-prone situations.

Field ID [Toronto, 2007]: Field ID is web and mobile application that provides safety and compliance
software for construction, oil & gas, and manufacturing industries. Its features include LOTO
management, inspection scheduling, safety scoring, asset management using RFID/barcode or GPS and
safety dashboard with KPIs.

Construction Tech Report, February 2016

Design Tools

Visualization

Construction Project Management

Marketplaces

Construction Project Management (29/41)


Company

Field Management - Safety

Details

Funding

Investors

$25K

Collide Village

Safety Reports [Omaha, 2011]: Safety-Reports helps in auditing and reporting safety issues in
construction. Comes pre-loaded with several checklists and users can also add their checklists. Users input
the details of a safety issue or inspection into the system with photos and the application automatically
generates reports.

StriveZero [San Francisco, 2013]: StriveZero is a mobile app and a SaaS platform that helps construction
managers to record, track, address and report safety-related incidents on the field.
Field Management - Safety

Field Management - Safety

Safety Compass [Wollongong, 2013]: An augmented reality risk management app for construction or
operational plant sites to communicate health safety and environmental information to workers and
contractors on site. Using the phone's inbuilt camera and GPS system, the app displays real and present
dangers to the viewer. The Safety Compass will have an online master risk register controlled by a power
user to register & update risk information specific to the plant/project/workplace.

Primal Sensors [Dallas, 2014]: Primal Sensors tracks workers, tools and resources in real time. They
employ a small hardware element, a coin-size tracking tag, which uses RF to talk multiple times each
minute and continuously passes information packets back and forth. A set of beacons receive signals and
use mesh network to track the position. They claim a connectivity range of 2 miles. It constantly collects
and maintains data, provides feature-rich analytics and can be customized for other operational uses like
safety, movement data, efficiency and attendance management. Provides services in Ski areas,
Field Management - Resource Amusement and water parks, Running events and Cruise lines. Graduated out of Collide Village
Tracking
accelerator program in February, 2015.

65

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Design Tools

Visualization

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Construction Project Management (30/41)


Company

Details

Stant [Sao Paulo, 2013]: Stant is a web/mobile platform to help construction companies manage their
construction sites better. It builds up an organized and efficient way to follow up the services being made.
Field Management - Resource Stores all the data for traceability, manages inspections, provides reports on construction activities.
Tracking
ProTrakr [Washington, 2014]: ProTrakr is a construction management software for highway, utility and
general contractors. It helps foreman, superintendent to track & send daily production quantities,
materials, hours, and reports from the job-site to the office. Managers can track the production materials
Field Management - Resource and changes in work orders, log labour, work, equipment hours and delays in the project. Pricing based
on the number of projects and users.
Tracking
ShareMyToolbox [Matthews, 2015]: ShareMyToolBox is a mobile app for consumers, DIYers and small
contractors to track, share and find tools. Users catalog their tools and make connections with other users
similar to LinkedIn or Facebook. Only connected users can browse the tool library of those connections
and loan or borrow tools. Was the first project in Viewpoint's innovation lab, Viewpoint Business
Incubator (VBI). Operates on a freemium model with the enterprise app costing $10/month/user. Mobile
Field Management - Resource app available for iOS and an app for Android is being developed. Was named app of the week by
Tracking
ForConstructionPros.com in August 2015.
ToolWatch [Englewood, 1991]: ToolWatch helps construction companies manage their tools, equipment,
and materials using a cloud-based software and scanning devices. Features include input through mobile
scanning devices, material low-levels notification, service notifications for equipment, billing according to
cost centers and integration with Sage and other accounting software. Winner of Hot Product Award from
Field Management - Resource Construction Executive Magazine in 2013 and 2012, and Vision Award from ConstructionTech Magazine in
Tracking
2006. Claims to be used by 4000 companies in 20 countries. Has mobile application for iPhone and iPad.

Field Management - Staff


Management

66

Synchroteam [Paris, 2000]: Synchroteam provides cloud based software for bussinesses to manage their
mobile workers. Provides feature for customer data and job details, scheduling, tracking, mapping and
directions, quoting, invoicing and equipments managment, data and signature capture on the field and
also integrations with ERP and CRM. Pricing based on number of users.

Construction Tech Report, February 2016

Funding

Investors

Building Technology

Design Tools

Visualization

Construction Project Management

Marketplaces

Construction Project Management (31/41)


Company

Details

Field Management - Staff


Management

LaborChart [Kansas City, 2014]: Laborchart is a mobile application to help view and manage construction
crew. Project managers can colour code employees based on skills/project/roles/wages and easily drag
and drop personnel to edit their assignment, which autogenerates and sends out text messages and
emails to notify crew of the updated work and role. Funded by Digital Sandbox KC. Was among Top 20
finalists of LaunchKC.

Field Management - Staff


Management

Field Management - Staff


Management

Field Management - Time


Keeping

Field Management - Time


Keeping

67

Ipsum [Santiago, 2014]: Ipsum is a SaaS made for improving productivity in construction sites through
mobile software based on agile methodologies such as lean construction and last planner. Managers add
tasks, constraints and people responsible for executing the task. Ipsum then helps managers plan, send
and schedule tasks and add resources for executing the task. Incubated by Imagine Business Lab, Chile.

FieldHero [Denver, 2015]: Field Hero provides field service management platform for construction and
engineering industries. Its app contains features for on demand scheduling, work orders, inspections and
status tracking, notifications and more .

Labor Sync [Dumont, 2009]: Labor Sync provides time keeping solutions for field workers. When a worker
clocks-in, the app sends the time stamp and GPS locations to the project in charge. Time keeping based on
cost codes/kind of job, allows batch time booking and can generate custom reports for payroll. Allows
sending of job notes and messages.
ExakTime [Calabasas, 2000]: ExakTime provides time tracking facility to field services. Exact Mobile is a
mobile time tracker to monitor work hours according to cost codes. Has geo-fencing, GPS tracking and
photo verification features and integrates with payroll applications. Jobclock Hornet and Jobclock/EX are
wireless, portable, rugged and harsh weather proof time clocks that record workers time as they touch
with their Keytabs .

Construction Tech Report, February 2016

Funding

Investors

Building Technology

Design Tools

Visualization

Construction Project Management

Marketplaces

Building Technology

Construction Project Management (32/41)


Company

Field Management - Time


Keeping

Field Management - Time


Keeping

Details

Funding

Investors

mJobTime Corporation [Beaumont, 1994]: mJobTime is a mobile time tracking software. Users can input
time in real-time or After-the-fact or through barcode scanning or fingerprints. Allows to create
geofences, capture check-in and check-out GPS coordinates, apply cost codes, and track equipment,
meetings, delays or any custom event hours.
ClockShark [Albuquerque, 2013]: ClockShark provides solution for automated time tracking of
employees. Users can clock-in using their own devices or use Crewclock feature to register their time
stamps. Send GPS coordinates. Managers can schedule and assign work by sending updates to the
workers mobile through drag and drop feature. Automatically generates reports and can be integrated
with QuickBooks for payment management.

alice technologies [San Francisco, 2013]: ALICE is an artificial Intelligence Building Information Model
(BIM) software application for optimized construction scheduling which automatically creates thousands $ 2.65 M
of viable construction schedules in a just push of a button away.

Field Management - Scheduling


Synchro [Coventry, 2001]: Synchro, Ltd. provides project management solutions. It provides Synchro 4D,
a project management and 4D visualisation solution that incorporates the ability to define and represent
the physical properties of resources, and communicate these in 3D and 4D. The company also provides
$2.45M
Synchro Server that acts as a bridge between project participants and enables to broadcast the changes
made on one client to all other connected participants. Its products are used in various construction and
Field Management - Scheduling refurbishment projects in commercial, civil, and residential segments.

Field Management - Scheduling

68

VirtualBoss [Perrysburg, 1994]: VirtualBoss provides construction scheduling systems targeted at small
contractors on a perpetual and subscription basis. Has various filters to narrow down to a specific task
and helps organise tasks of various kinds. Can be integrated with QuickBooks. Also provides Remote
VirtualBoss, a web-based schedule software. Pricing starts at $30 per month per licence.

Construction Tech Report, February 2016

Catapult Venture Managers

Design Tools

Visualization

Construction Project Management

Marketplaces

Construction Project Management (33/41)


Company

Details

Funding

Investors

$ 500K

ICE Angels

Field Management - Project


Intelligence

Acuite [Auckland, 2014]: Acuite is a SaaS based company that provides insights and analysis on projects
to construction companies across five key performance indicators Time, Cost, Health and Safety, Quality
and Relationships. Collects data from MS Project, and other modules that allow registering defects, QA,
and health and safety incidents across the entire lifespan of a construction company. Dashboard provides
rating across key parameters and project locations, and risk notifications.

$120 K

Y Combinator

Field Management - Project


Intelligence

Vernox Labs [San Francisco, 2013]: Vernox Labs provides contractors and project managers with data
insights into a construction project and helps them better organize and plan the project. Mines reams of
unstructured data from previous projects like e-mails, Word documents and Excel files that are shared
among professionals, applies artificial intelligence and develops a predictive checklist for project
managers. Also creating a Google-like search engine for subcontractors or construction workers to answer
their questions or provide them with information about a specific building component, field condition or
material. Founded through UC Berkeleys Center for Entrepreneurship & Technology. Backed by Y
Combinator (YC S15).

vPlanner [Dearborn, 2013]: vPlanner is a visual project planning solution for lean construction
management. Streamlines pull-planning, commitment tracking and re-planning by providing a visual
interface that maintains the visual aspects of the planning process using post-it notes. Can identify up to
100 longest paths from any selected milestone, provides Time Gain Plans, forecast finish, generates PPC
Field Management - Scheduling reports, task category reports and track change history.
TouchPlan [Newton, 1999]: Touchplan is a construction software developed by MOCA Systems. The
software helps in lean scheduling of a construction project using Last Planner approach. Using a digital
version of the "sticky-note" lean scheduling process, captures milestones and tasks from subcontractors
and teams to organize workflows, determine constraints and achieve milestones. Users can view daily
Field Management - Scheduling reports, create weekly progress reports and calculate progress metrics automatically.

69

Construction Tech Report, February 2016

Building Technology

Design Tools

Visualization

Construction Project Management

Marketplaces

Construction Project Management (34/41)


Company

Field Management - Project


Intelligence

Details

Funding

Investors

Cloud EPC [Plano, 2015]: Cloud EPC is a cloud-based Progress and performance tracking, analysis, and
reporting platform for the EPC industries. Integrates data from MS Office and Primavera P6, and
evaluates key benchmark data like unit rates, performance data, key quantity data etc from archived and
active projects. Has a mobile app for iOS, Android and Windows.

VisualProgress [Santiago, 2014]: VisualProgress provides the ability for construction firms and owners to
remotely monitor the progress of their building projects. The cameras, also acting as a small size servers,
record the construction process, compress the videos into short duration videos and store them on the
cloud. These photos and videos can then be accessed through a web portal. Cameras also have inbuilt
Field Management - Progress sensors that measure weather and other environment variables. Part of Startup Chile accelerator
Monitoring
program since February 2015.

70

$2 M

Finance and Accounting

AccuBuild Construction Software [Georgetown, 1987]: Accubuild is a family owned company with
provides construction management software that helps contractors in Finance and Accounting by
providing features like generating ledgers, tracking AP/AR, payroll, equipment and inventory
management. Its project management features include daily reports, submittals, document managing and
job cost tracking.

$400K

500 Startups

Finance and Accounting

Builk [Bangkok, 2009]: Builk is a SaaS based construction software aimed at SMEs. Provides a project
management system with features for purchasing, budgeting etc. and collaboration tool, Site Walk, with
punch lists, project issues etc. features. Generates revenue from various advertisements of products and
services by suppliers in construction sector. Claims to be used by more than 2,000 companies. Winner of
Echelon 2012 launchpad and part of 500 startups 7th batch.

$5k

Start Garden

Finance and Accounting

CorkCRM [East Lansing, 2013]: CorkCRM provides painting contractors the tools they need to manage
their business: sales tracking, appointment setting, electronic proposals and contracts, job scheduling,
automatic emails, and payroll. Features include lead tracking, appointment scheduling, proposal
generation, electronic contract signing and reports. Additionally CorkCRM also enables users to schedule
jobs and manage time cards. Also optimised for mobile browsing.

Construction Tech Report, February 2016

Building Technology

Design Tools

Visualization

Construction Project Management

Marketplaces

Construction Project Management (35/41)


Company

Details
BuildSoft [Markham, ]: BuildSoft offers the most complete homebuilding construction software solution
for estimating, accounting, job costing and project management throughout the home building
construction software industry.

Finance and Accounting

71

Finance and Accounting

Beams Build [Perth, 1993]: Beams Build provides Estimating, Scheduling, Accounting and CRM for
contractors in the construction industry. Estimation module helps in creating estimations directly from
images or PDF, Accounting module helps to compare budgets at invoice posting, make payments, issue
progress claims and receipts. BEAMS mobile provides supervisors and employees with the tools required
to maintain On-Site activities on their mobile iPhones or iPads.

Finance and Accounting

Foundation Software [Cleveland, 1985]: Foundation Software is an accounting software for construction
with features like job costing, payroll, ledgers, purchase orders, subcontracts, CPA audits and reporting.
Also provides additional modules for project management, equipment and inventory management. Has a
mobile app to enter and submit timecard and job data. Was included in the Inc. 5000 list of fastestgrowing private companies in America in 2015. Pricing based on number of modules purchased, the
number of user licenses.

Finance and Accounting

SmartContractor [Ashland, 2004]: SmartContractor provides project management and accounting


software to small and mid-size contractors, and trade subcontractors. Manages estimates, job costing,
cost-to-completion tracking, proposals and contracts, quote requests, purchase orders, invoices, cost
accounting, project management, and document management. Available as both on-premise and webbased versions. Basic version is priced at $799 per user, $399 for every extra user, and also charges for
annual renewal of license.

Finance and Accounting

Knowify [New York City, 2012]: Knowify offers business management software to small and mid-size
contractors and subcontractors. Features include job costing, ticket management, client estimates, billing,
dispatch management, change orders, time tracking, purchasing and expenses, and profitability analysis.
Mobile app available for iOS and Android. Can be integrated with QuickBooks. Pricing starts at $68 per
month for 5 users and charges $10 for every extra user.

Construction Tech Report, February 2016

Funding

Investors

Building Technology

Design Tools

Visualization

Construction Project Management

Marketplaces

Construction Project Management (36/41)


Company

Details

Finance and Accounting

Exponet [Tel Aviv, 2000]: Exponet provides both SaaS and locally hosted infrastructure and large scale
construction project management software. Its two product variants are Expo-net Clouding, its cloudbased version and Expo-net Localized, its locally hosted version. Its solutions include budget planning,
project planning, bids & purchasing, and change management. Targets residential, infrastructure,
transportation, hospitals and logistics customer segments.

Finance and Accounting

BuildStar [Salt Lake City, 2001]: BuildStar provides a web-based online estimating, finance and
accounting software for the residential construction industry. Features include template-based
estimation, email bidding invitations, budgeting, accounting, scheduling, change orders, integration with
QuickBooks, project documentation, client communication and document management. Offers solutions
in two modules: BuildStar Estimation Only ($29.95/month) and BuildStar Pro ($129.95/month), both
allow unlimited users. Quarterly plans also available.

Finance and Accounting

Finance and Accounting

Bizprac [Brisbane, 1991]: Bizpracs provides software for estimating, job costing and accounting payroll on
a subscription licence basis. Features include estimations, job cost tracking, purchase orders, progress
claims, retentions, profitability analysis and forecasting on tender submissions. Offered through 4
packages: Essentials, Premium, 4Pay and Ulitmate.

Jobpac [Sydney, 1994]: Jobpac is a construction software company that provides finance managing
solutions to contractors. Some of its features include project cost management, estimation, accounting,
reporting, forecasting, HR payroll and asset management. The software is available on monthly
subscription basis.

Edifica [Ceres, 2015]: Edifica is a cloud-based budgeting and payment management software for
residential and commercial subcontractors. Features include creating employees timesheets, tasks,
scheduling, expense tracking, change orders and RFIs. Priced at $66 per month for 1 users, $275 per
Finance and Accounting - Cost month for 5 users and $330 per month for 10 users. Also, provides annual plans.
Management

72

Construction Tech Report, February 2016

Funding

Investors

Building Technology

Design Tools

Visualization

Construction Project Management

Marketplaces

Building Technology

Construction Project Management (37/41)


Company

Details

Funding

Investors

Construx Solutions [Atlanta, 2012]: Construxsolutions offers SaaS solution for cost management tool
called SmartPM, and construction consultancy services. SmartPM is a data management tool for the
construction industry that captures, stores and utilizes construction project data in order to automate
several critical functions for Construction Project Managers, such as Delay and Impact Analysis,
Performance Analysis, Schedule generation, CPM Schedule updating. SmartPM By Construx has been
Finance and Accounting - Cost recognized by CIO Review Magazine as a Top 20 Most Promising Construction Technology Solution in
Management
2015.
Worksite [San Francisco, 2013]: Worksite is a cloud-based SaaS solution for the cost management of a
project in construction. The software solution helps project managers in monitoring the cost of the
project, budgeting, forecasting, commitments, progress measurement, and variance analysis. The
Finance and Accounting - Cost software is available on subscription basis.
Management
Built [Nashville, 2014]: Built Technologies provides solution to help construction lenders bring their
operation online easily and cost-effectively by reducing the time for managing the approval process, the
back office, and all the compliance requirements. The platform involves all stakeholders like borrowers,
builders, lenders, appraiser, draw inspector, closing co./title, insurance provider, subcontractors, end
buyer, realtors, mortgage lender, mortgage broker, examiners and regulators. Lenders can also get
Finance and Accounting - Loans insights into the construction loan portfolio with reporting tools.
Progressclaim [Melbourne, 2011]: Progressclaim.com provides a solution to process claims related to
construction industry faster. Using this tool, Subcontractors, contractors can submit their claims with
necessary evidence and the clients can track and approve the claims. The software can be integrated with
any existing project collaboration software like Viewpoint, Jobpac and Xero. Besides subscription fees for $ 3.5 M
its software, the company also charges a transaction fee. Winner of two merit iAWARDS from the
Finance and Accounting - Claim Australian Information Industry Association (AIIA) in 2015. Built, 2construct, Icon Construction and Mirvac
Settlement
are some of its customers.

73

Construction Tech Report, February 2016

Tauro Capital Partners

Design Tools

Visualization

Construction Project Management

Marketplaces

Building Technology

Construction Project Management (38/41)


Company

Details

zlien [New Orleans, 2007]: Zlien handles mechanics lien compliance services for contractors and
suppliers. Aggregates lien rules from 50 states, collects data from its clients about their projects,
generates notification documents contractors must issue to ensure they later can collect on liens if
needed and sends warning notices to clients when they miss deadlines. Winner of the 2014 Coulter
Finance and Accounting - Claim IDEAPitch business pitch competition. Claims to have processed $1 billion in lien payments across 30000
Settlement
projects as of 2014. Pricing starts at $149 per month per person.
Joist [Toronto, 2011]: Joist is a tool for contractors that allows them to estimate, invoice, record
payments, manage client's information, order materials, supplies and export information to accounting
systems in real time through the mobile app and the web. The tool builds a list of commonly used items
Finance and Accounting - Claim and creates estimates and invoices. The invoices generated allows the users to include logos and
signatures. The estimates can be printed or emailed directly.
Settlement

Funding

Investors

$450 K

Startup Fund, Brick & Mortar Ventures

Mantella Venture Partners

Small Builders [Sydney, 2015]: Small Builders is a web-based software for homebuilders and commercial
contractors to manage pay settlements and WHS management. Some of its features include payment
claim settlement, WHS management, contract management, quoting software, reports and timesheets.
Starter plan is priced at $990 per year with 1 user and the Standard plan is priced at $150 per week with a
Finance and Accounting - Claim maximum of 5 users limit. Also has a premium plan. Some of the customers include Cosmic Constructing,
Settlement
ADMARK Constructions and ASPEN group.
SoftTech [Pune, 1996]: SoftTech provides a range of software to AEC industry. Its software includes
AutoDCR, an automated CAD based building plan scrutiny and approval, PWIMS, a web-based public
works management and procurement management, and Opticon, an ERP for construction enterprises.
Provides BIM services and is an Autodesk VAR. The structural software division of SoftTech has been
acquired by CSC in 2011. Winner of world leadership award in 2007, National award for e-governance in
Finance and Accounting - ERP 2014. Part of NASSCOM Emerge 50.
Longkong Studio [Bangkok, 2005]: Longkong studio is the provider of cloud-based ERP and CRM software
to medium and large construction companies. Its products include Pochaman, an ERP solution that
provides features like procurement, accounting, Asset management, construction machinery
management and cost control, and Ploy, a CRM solution. Some of the clients include Hyatt, Vintage, JWS
Finance and Accounting - ERP etc.

74

Construction Tech Report, February 2016

SIDBI Venture Capital, Rajasthan


Venture Capital Fund

Design Tools

Visualization

Construction Project Management

Marketplaces

Construction Project Management (39/41)


Company

Details

Quadra [Bangalore, 2000]: Quadra is an ERP solution for construction industry developed by SGP
Software Solutions. It serves builders and contracts to streamline their operations. It comes with built in
analytics and flexi dashboard capabilities. It comes in 3 versions depending on the size of the customer
and choice of deployment (cloud/on-premise). It has been awarded for excellence in NASSCOM. Frost
& Sullivan.recognized it as 'IT Application Vendor of the year in the Real Estate and Construction
Finance and Accounting - ERP Sector for the year 2011-12'.
eBuild Softwares and Solutions [Mumbai, 2011]: eBuild Softwares and Solutions is a technology solutions
provider for companies in real estate and construction domain. Its ERP solution, eBuild ERP, lets
companies track paperwork and finances associated with contracts. It includes modules for project
management, engineering, sales & purchase. It also offers solutions in DMS, CRM, and HR & Payroll
Finance and Accounting - ERP Software. Some of its clients include SynergyOne, Phoenix Market City, Jeevan Enterprises.

Finance and Accounting - ERP

Finance and Accounting - ERP

Axium [Portland, 1993]: Axium provides AE firms with ERP and CRM solutions. Its solutions include Ajera,
whose features include dashboards, accounting, payroll, resource management, billing and integration
with Newforma Project Center, and Ajera CRM features include business development, sales, and
marketing. Has mobile apps for timekeeping and other features.

BAAP Technologies [Fremont, 2005]: BAAP Technologies provides BlueDolphin, an ERP software for small
and medium size construction contractors. Modules include cost estimation, project management,
purchase management, subcontractor management, inventory management, formwork management,
vehicle management, billing and accounts. Has an office in Coimbatore, India.

Plexxis Software [Caledon, 1999]: Plexxis Software is a complete software and mobile solutions for the
wall and ceiling industry. Its solution Drywall ERP, helps the dry wall industry with estimating, material
management, accounting, construction management. It is also available as a mobile app. It can cater to
every commercial, residential and high rise buildings. Also has purchasing, digital completion control apps
Finance and Accounting - ERP in beta.

75

Construction Tech Report, February 2016

Funding

Investors

Building Technology

Design Tools

Visualization

Construction Project Management

Marketplaces

Construction Project Management (40/41)


Company

Finance and Accounting - ERP

Finance and Accounting - ERP

Details
BrickControl [Madrid, 1981]: BrickControl is a cloud-based ERP for construction that provides features
like cost estimating and budgeting, project planning and progress, cost control, invoices, and purchase
orders. Had mobile apps for iPad and iPhone. Offered in various modules with the Starter module priced
at $25 per month for 1 user and charges $12 per month for every extra user.

Sims Build [Faridabad, 2013]: Offers an ERP software for the construction industry. Modules include
Inventory management (material management, scrap management, stock audit and prediction),
procurement management (supplier registration & grading, demand tracking, automation PO conversion
(post approval)), dashboard and analytics.

Constellation HB [Markham, 2004]: Constellation HomeBuilder Systems, a part of Constellation Software,


was created after the acquisition of NEWSTAR. Currently owns and operates ten fully integrated software
divisions: NEWSTAR, FAST, Builder 360, BuildTopia, BuildSoft Pro, HomeDev Pro, LandDev, Builder1440,
Constellation Web Solutions, and Constellation CRM. Its suite of software helps homebuilder from
planning till warranty by providing features such as land development software, new home sales and
marketing software, production, purchasing, scheduling, accounting, warranty, electronic homeowner
Finance and Accounting - ERP manuals, vendor portal solutions, and website solutions.
Aspirtek Technology [Mumbai, 2004]: Aspirtek is the developer of 'Omni ERP', a solution targeted at
construction industry. It integrates industry-specific modules like Estimation, Project Management, Job
costing, Billing, Procurement with generic modules like Finance, CRM, HRMS & Payroll. It is a crossplatform solution that is available on mobiles and tablets. Offers all three deployment options: Onpremise, SaaS and Hosted. Claims to offer rapid deployment as compared to other solutions. Clientele
Finance and Accounting - ERP includes L&T ECC, Lodha Group.
Micromen Software Solutions [Chennai, 1986]: Mincromen is the developer of 'Build Superfast' ERP, a
solution targeted at construction industry. It integrates modules for Projects, Vendor Management,
Materials Management, Workflow Management, Financial Accounting, HRM & CRM. Claims to have built
a client base of 1000+ as of Dec.'15. Clients include Ashoka Builders, KSV Constructions, murugappa.
Finance and Accounting - ERP Awarded the 'Best Software for Civil Engineers' by 'Association of Consulting Civil Engineers (ACCE)'.

76

Construction Tech Report, February 2016

Funding

Investors

Building Technology

Design Tools

Visualization

Construction Project Management

Marketplaces

Construction Project Management (41/41)


Company

Details

EasyBuild [Potters Bar, 2004]: EasyBuild, a software originally developed in 2004 for Durkan Group,
provides accounting, Admin & HR and Client & supply chain solutions. Other features include, a
subcontractor white card system and ground-rents invoicing. Some of the clients include Durkan, OSHEA,
Paragon, Cosmur and Pringle Homes. Special modules exist for concrete frames and demolition
Finance and Accounting - ERP contractors.
BluBridge [San Francisco, 2003]: Bluebridge is an ERP offering for small and medium construction
companies.They employ sophisticated planning, scheduling and project management techniques.
Bluebridge connects various departments of a company by acting as a central repository where the
progress of the project could be updated. Claims to have built more than 30,000 customized ERPs since its
Finance and Accounting - ERP inception.

Contract Management

77

Sypro [Hull, 2007]: Sypro provides SaaS solutions for contract, compliance and asset management.
Solutions include Contract manager for managing contract suites such as NEC3, JCT and FIDIC by providing
dashboard with live project status, risk management and contract changes, and Compliance and Asset
manager, which allows estates, facilities and business managers to manage Repairs, Maintenance &
Servicing, Buildings & Estates, Compliance with HSE & Local Authority Regulations, Policies,
Procedures, and Leases and Licences. Winner of 'One to Watch' Award 2014.

Construction Tech Report, February 2016

Funding

Investors

Building Technology

Design Tools

Visualization

Construction Project Management

Marketplaces

Building Technology

Marketplaces (1/13)

78

Company

Details

Heavy Equipment

IronTread [Delhi, 2015]: IronTread is an online contractor-to-contractor equipment rental and sale
marketplace and was created by the partnering of Acropolis Capital Group and Punj Lloyd. They provide
features like absorbing credit risk, mobile and web-based reporting, free insurance coverage, contract
and dispute settlement, and transportation of the equipment. Aims to enter related industries such as
agriculture, municipal-renting, and small tool rental, and the proximate geographies of Africa, Middle East
and South East Asia.

Funding

Investors

Heavy Equipment - Rentals

CRS Contractors Rental Supply [Kitchener, 2000]: CRS Contractors Rental Supply is a heavy equipment
rental, sales, supplies and services company for construction contractors. Users can rent or buy their used
heavy equipment. Also provides supplies needed along with equipment like chainsaws, tools & shovels, $39.5M
reflective clothing, hard hats, tapes & markers etc. CRS Operates across 27 locations in Ontario,
Canada.

Heavy Equipment - Rentals

Collaborative Fund, Andreessen


Horowitz, SV Angel, Amicus Capital,
Getable [San Francisco, 2010]: Getable, formerly Rentcycle, serves the $32B construction rental market
Lowercase Capital, Promus Ventures,
with mobile tools designed for construction professionals to order and manage equipment on their
$10.8M Founder Collective, The Social+Capital
smartphone from rental equipment providers. Users can rent heavy industrial equipments for any
Partnership, Stomper Co Inc, Brick &
number of days and have the option to pick up from a store or get delivered at their address.
Mortar Ventures, DPR Construction,
Ghilotti Bros.,Inc.

Heavy Equipment - Rentals

EquipmentShare [Columbia, 2014]: EquipmentShare is a peer-to-peer equipment rental company. It


provides contractors with a platform that allows them to rent and lend contracting equipment such as
skid loaders, excavators, lifts and more at rates well below those of commercial rental companies.
Contractors can earn income off idle equipment with the ease and security of background checks,
insurance validation, payment processing and a rating system for equipment and lenders.
EquipmentShare.com actively screens members that apply to renting for quality equipment and
experience when it comes to operating equipment. They reserve the right to remove members that dont
adhere to the policies and conditions.

Construction Tech Report, February 2016

$2.2M

Clairvest Group

Y Combinator, Wefunder,
FundersClub, Great Oaks Venture
Capital, Romulus Capital

Design Tools

Visualization

Construction Project Management

Marketplaces

Building Technology

Marketplaces (2/13)
Company

Details

Funding

Investors

$1.6M

Harrison Metal Capital, Andreessen


Horowitz, Caterpillar Inc.

Heavy Equipment - Rentals

Yard Club [San Francisco, 2013]: Yard Club is an online equipment rental marketplace that enables
rentals idle equipment among verified contractors. The technology platform enables its members to save
money on rentals by cutting out overhead costs of physical branches and sales-force of a typical rental
company. Yard Club provides a Master Rental Agreement and ensures liability and property insurance
certificates from all renters. Standardizes prices across categories, provides payment escrow services.

$1M

Canal Partners

Heavy Equipment - Rentals

EquipRent.com [Alexandria, 2011]: EquipRent is a marketplace for renting construction equipment. It lets
local construction equipment rental companies to list their equipment on its platform. Rental companies
are charged on the basis of number leads they accept. Users looking to rent construction equipment can
browse and select any equipment and request for price quotes via email, phone etc. EquipRent is free to
use for any user looking to rent construction equipment.

VaiVolta [Sao Paulo, 2012]: VaiVolta is a marketplace for renting construction equipment. Based in Brazil
the platform lets construction equipment rental companies list their equipment for rent, while users
looking to rent can request for price quotations from the suppliers. Its currently funded by 500 Startups.

$100K

500 Startups

$100K

Heavy Equipment - Rentals

Kwipped [Wilmington, 2014]: KWIPPED is an online B2B equipment rental marketplace where businesses
can locate and rent the equipment they need from a global network of KWIPPED suppliers. KWIPPED
currently services more than 500 equipment categories across 16 industry verticals with plans to expand
as demand dictates. Some equipments can be immediately rented while for some businesses need to
request quote from supplier. There is a penalty for late return of equipments rented.

Heavy Equipment - Rentals

Maquina [Gurgaon, 2015]: Maquina is marketplace for renting, buying and selling of construction
equipment. The platform provides rent in and rent out services where lessee can choose an equipment
based on factors such as make, model, capacity, location, term of hire etc. Claims to be providing
warranty on purchase of pre owned equipment. Also provides customized AMC option. On Dec 2015
raised undisclosed amount of funding from promoters of SPML Infra Ltd.

Heavy Equipment - Rentals

79

Construction Tech Report, February 2016

SPML Infra Limited

Design Tools

Visualization

Construction Project Management

Marketplaces

Building Technology

Marketplaces (3/13)
Company

Heavy Equipment - Rentals

Details
BigRentz [Irvine, 2012]: BigRenttz provides heavy construction equipment on rent. Users can view it
collection of equipment on its website and rent them on daily, weekly or monthly basis. Customers can
contact for renting the equipment by filling an web-form. BigRentz delivers and receives return of the
equipment itself.

Heavy Equipment - Rentals

EquipmentOnDemand [San Francisco, 2014]: EquipmentOnDemand is a rental service company that


streamlines the renting process. Sources equipment from its industry partners and renters to provide
equipment on demand. Charges for hauling and an extra fee for providing renting service. Available
equipment includes backhoe, boom lift, excavator, forklift, reach lift, scissor lift and skid steer. Service
available in Bay Area, Peninsula and San Francisco.

Heavy Equipment - Rentals

36Machines [Delhi, 2015]: 36Machines is an online marketplace for construction equipment rentals.
Users can find construction equipment on the platform such as backhoe loaders, batching plant,
excavators, lights, mixer, plate, compactor, road milling machine, roller and skid steers. Users in need of
equipment can look for the products available and can connect with the equipment owner for further
info. Equipment owners can list their idle equipment on the platform for rentals. Operational in and
around NCR as of Jan '16.
RentalYard [Lincoln, 2015]: RentalYard is an online portal launched by Sandhills Publishing in March
2015. The platform lists equipment related to construction, agriculture, trucks and trailers. Users wanting
to rent or get on a lease, send a quote, search, and communicate with the renters.

Heavy Equipment - Rentals

Heavy Equipment - Rentals

80

Dozr [Waterloo, 2015]: Dozr is a contractor to contractor equipment sharing platform helping contractors
in renting their idle equipment. Lenders list their equipment on the platform with equipment details,
scheduling and rates, and Dozr performs the inspection. Renters can then choose from the list of
equipment shared by trusted lenders while the lender reserves the right to accept or decline rent
request. Also helps the parties by providing rental contracts and taking care of the payment process while
charging some commission. Part of the Google For Entrepreneurs program based in Waterloo.

Construction Tech Report, February 2016

Funding

Investors

St. Cloud Capital

Design Tools

Visualization

Construction Project Management

Marketplaces

Marketplaces (4/13)
Company

Details

Heavy Equipment - Rentals

HireMyMachine [Gurgaon, 2014]: HireMyMachine is an online B2B marketplace to hire and rent heavy
construction machines. Machines include heavy gensets, excavators, backhoe loaders, fork lifts, transit
mixers, transformers, dumpers, tower and hydraulic cranes etc. Handholds both parties through the
transaction workflow. Claims to have aggregated 3300 heavy machines through 40 companies across
India. Charges 0.5% of the project cost as commission fee. Closed 21 construction project deals as of Aug
2015.

Heavy Equipment - Rentals

YantraZone [Mumbai, 2015]: YantraZone is an online portal for users looking to take heavy equipment on
rent. Have tie-ups with heavy equipment suppliers i.e. construction companies, SME and OEM. Targeted
customers are companies operating in construction, manufacturing and infrastructure fields. Offered
products include back hoes, dirt compactors, dozers, excavators etc. Claims to perform quality check on
equipment before renting.

Heavy Equipment - Rentals

Noble Iron [Houston, 2010]: Noble Iron offers a wide range of construction equipment for rent, and for
sale, including aerial, forklift, light compact and heavy equipment. In addition Noble Iron offers enterprise
software for the construction industry. Noble Iron Inc operates in three complementary sectors:
equipment rental, equipment dealership and enterprise software for the construction and industrial
equipment industry.
The Company operates its equipment rental business and dealership under the
name Noble Iron. Noble Iron rental depots currently serve customers in California and Texas. Noble
Irons dealership offers select manufacturers equipment and accessories for sale, and is the exclusive
distributor of LiuGong Construction Machinery equipment in Southeast Texas. The Companys software
division, Texada Software, provides software applications to manage the complete equipment ownership
lifecycle, from acquisition, rental, sales and other activities, through to disposal. Texada offers in-thecloud or client-based software.
Toolshift Techonologies [Lisbon, 2014]: Toolshift provides a mobile platform where users can upload
their idle tools or equipment with necessary data and photos. Users in need of the tools can search and
get the equipment on a rental basis.

Heavy Equipment - Rentals

81

Construction Tech Report, February 2016

Funding

Investors

Building Technology

Design Tools

Visualization

Construction Project Management

Marketplaces

Building Technology

Marketplaces (5/13)
Company

Details

Heavy Equipment - Rentals

ToolLocker [San Mateo, 2014]: Tool Locker provides an online platform for renting/ hiring tools. It lets
tool owners list their products on its platform. Users looking to rent tools check for he best listing on its
site. On selecting a tool to rent, the owner is notified and then both the owner and the renter meet to
hand over the tool. After the renting period is over, the owner inspects the tool and rates the renter on
the Tool Locker platform.

Heavy Equipment - BuySell/Auctions

Heavy Equipment - BuySell/Auctions

Heavy Equipment - BuySell/Auctions

82

Funding

Investors

IronPlanet [Pleasanton, 1999]: IronPlanet, Inc. is an online marketplace for used heavy equipment. It
operates an online marketplace for buying and selling of used heavy equipment, such as construction,
mining, forestry, and agricultural equipment and related peripheral items. The company also provides
physical inspection services for equipment listed in its marketplace. Its customers include original
equipment manufacturers, re-marketing and finance organizations, construction and contracting $85.13M
companies, equipment rental companies, farming and mining companies, and equipment dealers. They
charge both sellers, for assisting in the sale and buyers, for the inspection reports. The company has
operations in North America, Europe, and Australia. Acquired Asset Appraisal Services. Has merged with
Cat Auction in April, 2015.

Accel Partners, Kleiner Perkins


Caufield & Byers

Tiebaobei [Beijing, 2010]: Tiebaobei is an online second-hand trading platform for used construction
equipment. Users can browse through the listings and buy through the platform. Operates on a $15.7M
consignment model. Received $15.6 M Series B funding from DCM ventures.

DCM

Machinio [Chicago, 2013]: Machinio.com is an online platform for buying and selling used industrial
equipment and machinery covering metalworking, construction and agricultural machinery. It currently
$1.44M
delivers 2M+ listings on its platform with product details, location, pricing and ability to send message to
sellers on the platform.

Entrepreneurs Roundtable
Accelerator, Maxfield Capital

Construction Tech Report, February 2016

Design Tools

Visualization

Construction Project Management

Marketplaces

Building Technology

Marketplaces (6/13)
Company

Details

Heavy Equipment - BuySell/Auctions

Equippo [Zug, 2014]: Equippo provides a global marketplace for construction equipment from selected
manufacturers, dealers, leasing companies and other trusted sellers. Buyers browse through the listed
equipment shared by selected and trusted sellers, can get additional data about the equipment by raising
questions or asking for a premium inspection or making a personal visit, order the equipment, and get it
delivered. Operates globally including South America, Russia and Poland markets.

Heavy Equipment - BuySell/Auctions

Heavy Equipment - BuySell/Auctions

Heavy Equipment - BuySell/Auctions

Construction Materials

83

Funding

Investors

b-to-v Partners AG, vi

Heavymart [Mumbai, 2015]: Heavymart is an upcoming marketplace for used heavy equipments viz.
excavators, loaders, dumpers, pavers, cranes and dozers. As of Oct,2015 site in beta stage.

Equipmentadda [Hyderabad, 2015]: Equipmentadda is an online marketplace for construction


equipment. Users can sell/buy/rent construction and mining equipment through the platform. Provides
products for urgent requirement, used equipment, lubricants, finance and rental. Product listings include
crane equipment, road building, lubricants, tyres, batteries, concrete equipment etc.

Ironmarket [Ardmore, 2011]: Ironmarket is a business network with an exclusive focus on the equipment
industry. Independent agents to take photos, videos and verify equipment details. Equipment is then sold
in sealed bid offerings, which can be managed by them or self-managed.

Greentown [Hangzhou, 2011]: Greentown is a B2B E-commerce portal for real estate developers.
Focuses on construction standards, material samples, and merchandising procedures for real estate
developers, construction contractors and hotel operators. Owned an operated by Wangzhu Group which
is a part of Chinese property developer Greentown Group.

Construction Tech Report, February 2016

$60M

Sequoia Capital

Design Tools

Visualization

Construction Project Management

Marketplaces

Building Technology

Marketplaces (7/13)
Company

Construction Materials

Details
SupplyHog [Chattanooga, 2011]: SupplyHog is a marketplace for contractors to buy building supplies and
materials. Contractors can discover suppliers for materials and get free shipping at their site. Buyers can
request quote from suppliers for any specific product. Once the deal is finalized, SupplyHog has a secure
payment gateway, Stripe, to handle transactions.

Funding

Investors

$2.9M

DreamIt Ventures, Quotidian


Ventures, 500 Startups, Blank Slate
Ventures, Chattanooga Renaissance
Fund, Lamp Post Group

Haomuduo [Shanghai, 2015]: Haomuduo is a B2B marketplace for building materials. Product portfolio
$1.57M
includes wooden materials, hardware, electrical items, paints etc.
Construction Materials

Construction Materials

Construction Materials

84

Buildkar [Bangalore, 2014]: Buildkar is an online marketplace for finding construction material. Previously
known as Apnastock.com. Offers various construction related material under different categories such as
cement, steel, RMC, sand, blocks, bricks, tile, pipes & fittings, ply & boards, electrical harness &
wires, bathroom fittings to users. Claims to facilitate access to 20,000 construction industry products.
Sellers can register on the platform and can list their products. Claims to offer the construction material at
wholesale prices for users. Users can choose the product on the platform and can place the order through
the platform and can get them delivered. Users can also compare and request quotes for the available
products. Claims to offer back-end support and service for users such as installation, warranty and after
sales service. In plans to launch services in the discovery of skilled professionals in construction field. Has
raised an undisclosed amount in seed round funding from Mustafa Wajid (CEO, Meher Group), Umang
Kumar (Founder, Gaadi.com) and other angel investors. Operational in Bangalore as of Jan '16.
SurplusMatch [Leicester, 2008]: SurplusMatch is an online marketplace for contractors, Merchants and
Manufacturers to buy and sell old stocks, end of line, slight seconds and site surplus materials. Sellers list
the details of stock, buyers browse and order the materials and SurplusMatch delivers them while
maintaining the anonymity of the seller.

Construction Tech Report, February 2016

Matrix Partners

Design Tools

Visualization

Construction Project Management

Marketplaces

Marketplaces (8/13)
Company

Details

Construction Materials

Build Supermart [Bangalore, 2015]: Build Supermart is an online open marketplace for B2B products.
Offers products like cement, paint, steel, tiles, sanitary wares, electricals, bricks, wall putty, hardwares,
chimneys, water tanks etc. Also offers services like architectural, carpentry, civil consultancy, electrical
contractors etc. Various dealers are also listed on the website. Service providers can register and sell
products from website.

Construction Materials

Kasadore [Mumbai, 2015]: Kasadore is a B2B/B2C platform where customers can find products/suppliers,
verified professionals and technical guidance for their construction, renovation and interior decoration
projects. It helps suppliers reach out to a larger audience while at the same time end customers can view,
compare and select products and services from a larger pool.

ContractorsXchange [Toronto, 2011]: ContractorsXchange is a marketplace for contractors and suppliers


to buy and sell surplus materials. Contractors are not charged while suppliers are charged with annual
memebership fee

Construction Materials

Construction Materials

eConstructionMart [Ahmedabad, 2012]: eConstructionMart provides a construction material


marketplace. Provides material through suppliers, manufacturers & service provider of construction
industry. Soon to launch reverse auction feature for buyers. Facilitated INR 1M+ worth of building
materials transactions. 2000+ registered sellers. National Winner of NDTV profit - Quest for The Next Big
Online Business Idea" in 2013. Incubated and seedfunded by the Indian Angel Network.

Builders cart [Hyderabad, 2012]: Builders cart is an online retail marketplace for construction material.
Customers can buy building material, cement, steel, RMC, electrical equipment and luminaries,
architectural hardware, sanitary ware and faucets, solar solutions, pumps and pipes etc.
Construction Materials

85

Construction Tech Report, February 2016

Funding

Investors

Building Technology

Design Tools

Visualization

Construction Project Management

Marketplaces

Marketplaces (9/13)
Company

Construction Materials

Construction Materials

Details
Materialtree.com [Bangalore, 2013]: Materialtree.com, part of Live More Services Pvt Ltd, is an online
platform to buy and sell home improvement & building materials online. Manufacturers and
suppliers can register on the platform and start selling their material online. The platform also offers
various types of calculators to users for getting estimate of pricing for different kind of materials.

ApnaStock [Bangalore, 2014]: ApnaStock is an online marketplace for Construction Material. Available
materials include Cement, TMT, RMC, Plywood, Blocks, Bricks etc. Helps to reduce and optimize
construction material prices for small builders and homeowners. Customers can also explain their
requirement and get quotes from multiple suppliers.

Build99 [Coimbatore, 2014]: Build99 provides a marketplace to procure construction materials from
authorised suppliers, dealers, distributors and manufacturers. 20000+ materials and 250+ brands listed
across over 20 cities in India. Also offers offline marketing and promotion across construction sites.

Construction Materials
100Bricks [Bangalore, 2014]: 100Bricks is an online portal selling construction materials. Logistics is
handled by the supplier. Claims to have verified sellers on the platform. Operational in Bangalore as on
October 2015. A venture of NVT Group.
Construction Materials

Construction Materials

86

Buildzar [Gurgaon, 2015]: Buildzar is an online marketplace for building and construction materials.
Offers home owners, builders, architects and designers a complete range of construction materials such
as cement, steel, sand, bathroom fittings, electrical equipment, tiles and others. Also offers a construction
cost calculator and a platform to manage construction schedule. Users can select a product and request
for multiple quotes from many vendors. Claims to standardize quality from all the vendors. Operational in
Delhi NCR with 100+ clients as on Nov. 2015. Also planning to launch turnkey solutions that will offer
services such as building home, bathroom remodeling, renovation, kitchen remodeling and others.

Construction Tech Report, February 2016

Funding

Investors

Building Technology

Design Tools

Visualization

Construction Project Management

Marketplaces

Marketplaces (10/13)
Company

Construction Materials

Details

Funding

MyNxtDoor [Bangalore, 2015]: MyNxtDoor is an online platform that connects builders with material
suppliers. Builders can broadcast their requirements to material suppliers on the platform shortlisted by
MyNextDoor team. Let's material suppliers access a huge customer base. Yet to launch their product as of
June 2015.

Promandi [Jaipur, 2015]: Promandi is an online marketplace for building material and interiors. Allows
sellers and buyers to negotiate and transact (escrow system) through the platform. Caters to B2C and B2B
clients.
Construction Materials
Supplified [Delhi, 2015]: Supplified is an online portal for building and construction materials. Partners
with prominent construction business houses and dealers for procurement requirements. Currently in
beta, as of Nov 2015.

Construction Materials

Professionals

87

New Avenue [Emeryville, 2009]: New Avenue provides online tools and resources to the home
improvement industry. The company empowers homeowners with information and processes so they
can better manage architects and contractors. New Avenues service delivery platform integrates all
architecture, financial and construction services into one structured process. This service integration
process allows anyone to save pictures, links, and ideas and then bridges the online and offline space by
providing contracts, payment processing and quality control.

Construction Tech Report, February 2016

$726K

Investors

Building Technology

Design Tools

Visualization

Construction Project Management

Marketplaces

Marketplaces (11/13)
Company

Details

Professionals

Hard Hat Hub [Chicago, 2013]: Hard Hat Hub is a job matching website for construction jobs like Project
Managers, Facilities Managers, Superintendents, Engineers, Skilled Trades, Estimators,
HVAC/Maintenance Techs, Property Managers, Architects, BIM Experts, Roofers, Consultants etc. Job
seekers create an anonymous profile mentioning their skill, experience and travel preferences. Employers
can apply filters and look for the candidates they need. They use their credits to unlock the profile to get
email and other contract information. Charges employer with $99 per month for 10 job credits. Some of
the featured employers include Turner Construction, Blinderman Construction, Tecta America, Mortenson
Construction, ABBEY etc. Currently operate in Illinois, Texas and California and have plans to expand to
other locations.

Professionals

Gangbox [Washington D.C., 2013]: Gangbox is an online hiring portal for construction jobs. Job seekers
create an online application, get reviewed by co-workers and list job preferences. Employers post the
jobs, receive applications with reviews from co-workers and manage the hiring from the dashboard.
Charges the employer with $159 for each job credit and a 60 day listing. Other pricing plans include $399
for 3 job credits and $595 for 5 job credits. Also has an enterprise plan.

Professionals

spoon.CITY [Milan, 2015]: spoon.CITY is a job matching platform for freelance architects with
architecture firms and construction companies. Architecture firms send a request for the need along with
the budget, skills and other needs and the platform helps them by finding a match with freelance
architects. Winner of the Prize Raffaele Sirica 2015 for startups and young architects.

CIVIL247 [Hyderabad, 2015]: Civil 247 is a listing portal for civil contractors, subcontractors, suppliers,
architects, engineers, and other professionals working in the construction sector. Service providers lsited
on the platform are verified by the platform.
Professionals

88

Construction Tech Report, February 2016

Funding

Investors

Building Technology

Design Tools

Visualization

Construction Project Management

Marketplaces

Marketplaces (12/13)
Company

Professionals

Details
Digmaa [Des Moines, 2013]: Digmaa provides a SaaS platform for builder to communicate with clients
about the progress of the build through photos in a social network kind of experience. Project photos are
shared with the entire Digmaa network, letting other potential clients view a builder's work. Generates
revenue by charging builders a subscription fee for each project.

laborfindr [Ceres, 2015]: Laborfindr is an application where contractors in need of tradesmen post jobs
and tradesmen are notified when a job relevant to their skills match with these features provided at no
cost to either parties. Application is still under development.
Professionals

Professionals

ConX [Sydney, 2014]: ConX provides a job listing platform for contractors to hire skilled workers.
Contractors and skilled workers can create profiles with job requirements and skills respectively for free.
Workers receive instant messages once a job matches their skills. Contractors are charged only when they
have successfully hired. Began as a classifieds website called GetTradies, before pivoting to Conx. Base
pack is priced at $99 and premium packs are charged at $149 and $199.

SkilledWizard [New York City, 2012]: SkilledWizard is a professional social network dedicated to skilled
workers in helping them connect with employers in sectors such as construction, manufacturing etc.
Professionals

Post & BIM [Los Angeles, 2013]: Post + BIM connects AEC firms and professionals, provides a platform for
them to market their BIM capabilities. Hosts a job board for BIM jobs globally.
Professionals

89

Construction Tech Report, February 2016

Funding

Investors

Building Technology

Design Tools

Visualization

Construction Project Management

Marketplaces

Marketplaces (13/13)
Company

Details
BuildBlockz [Jaipur, 2015]: BuildBlockz is an online listing portal for builders, contractors, architects and
interior designers city wise. An easy to use calculator to estimate the cost of construction is in the
development stage. Currently in beta.

Professionals

90

Construction Tech Report, February 2016

Funding

Investors

Building Technology

Design Tools

Visualization

Construction Project Management

Marketplaces

Building Technology

Building Technology (1/4)


Company

3-D Printing

Details

Funding

Investors

WinSun [Shanghai, 2010]: WinSun is an architectural 3D printing technology company principally


engaged in the production and manufacture of construction parts components. Some of its features
$23.2M
include almost no deformation, light weight, high strength, fire and environmental protection etc. Claims
to have raised Series A round of funding.

Hobs Studio [London, 2013]: Hobs Studio provides 3D Printing, 3D laser Scanning, CGI's, 3D printer sales,
VR and AR solutions to AEC and product designers. Has studios in London, Manchester, Bristol and
Glasgow. It is part of Hobs Group.

$11m

Business Growth Fund

$944K

Telos Ventures

3-D Printing

Branch Technology [Chattanooga, 2015]: Branch Technology developed cellular fabrication technology
which essentially uses a large free form 3D printer that solidifies building material (ABS plastic and carbon
fibre mix) in open space, (ABS plastic and carbon fibre mix). The printer's extruder head is connected to a
12.5' customized robotic arm supplied by Kuka robotics which in turn runs on a 33 ft rail. The unit can
print an open 3D matrix of 25 x 58 ft which is essentially the core structure of the wall and it needs to be
topped with foam insulation, concrete and other conventional construction materials. This open 3D
matrix is very light weight and they claim that 2.5 lbs of matrix can support about 3000 lbs. They also
claim that using these matrices, construction costs can be dropped by about $80-140 per square foot.
Recently at a GigTank event, it has been awarded Investor's Choice Award. They are aiming to raise about
$1.5m in the coming year.

3-D Printing

D-Shape [London, 2008]: D-Shape is a 3D printer developed by Monolite UK, a company that hopes to
start producing and selling 3D printers. A 3D model of the home is fed to the printer, which has a 6mX6m
aluminium frame that moves upwards printing the model layer by layer. Uses sand and an inorganic
binder as its only raw materials. Claims that it takes 24 hours to set. A documentary titled The Man who
Prints Houses, is being made about the life of its founder, Enrico Dini and his struggle to bring large-scale
3D printing to reality. ESA and Foster + Partners have teamed up with Monolite UK to 3D print a moon
base structure using lunar soil. Winner of Change the Course NYC Waterfront Construction Competition
in 2012.

3-D Printing

91

Construction Tech Report, February 2016

NYCEDC

Design Tools

Visualization

Construction Project Management

Marketplaces

Building Technology (2/4)


Company

Details

3-D Printing

CyBe [Oss, 2013]: CyBe develops 3D concrete printers and mortar for enabling 3D printing in
construction. CyBe 3Dp, their 3D printer, comes in 3 variants. It has 6-axis manipulator, controller and
mix- pump system. Can be dismantled for mobility purposes. CyBe Mortar is a material developed for
single purpose 3D printing. Claims to take 3 minutes to set and 1 hour to achieve structural strength.
Winner of the GIO award in 2013.

3-D Printing

Apis-Cor [Irkutsk, 2014]: Apis Cor develops an on-site circular mobile 3D printer. The design consists of a
rotating circular bases - platform and a manipulator crane. This arrangement allows the printer to print
walls, frames and parts of houses, layer by layer, by adjusting the height and angle of the manipulator and
printing the house from inside. Claims to reduce construction cost by 70%. Has office in Moscow and San
Franciso.

3-D Printing

WASProject [Ravenna, 2012]: WASProjects (World's Advanced Saving Project) is an italian company
which designs and manufactures 3D printers that include PowerWASP (3D printer + CNC milling) and also
Delta 3D printers that can print a wide range of materials. They also produce Big Delta printers, which was
debuted at Roman maker faire13, can 3D print houses made of sand / clay'. They also plan to use this Big
Delta Printer to build homes in third world countries.

3-D Printing

Robotics

92

Construction Automation [San Francisco, ]: Construction Automation Inc. is a company developing 3d


Printing, Robotics solutions and pre-fab materials for the Construction Industry. The technology lowers
the cost, & speed of constructing housing, retail and office space as well as developing future
"green" and sustainable construction methods.
Fastbrick Robotics [Perth, 2005]: Fastbrick Robotics developed a robot, Hadrian 105, that helps in laying
bricks. Claims laying speed of 1,000 bricks per hour and can construct an average house in 1-2 days. The
robot brick-layer uses information fed from a 3D CAD representation of the home for brick placement,
with mortar or adhesive delivered under pressure to the head of the boom. Has secured patents in 11
countries including Australia, China, U.S., Canada and the UK. R&D supported by grants from federal
government, Dale Alcock and a major Australian brick manufacturer. After acquisition by DMY Captial, the
company was reverse IPOed and is now traded under ASX:FBR symbol.

Construction Tech Report, February 2016

Funding

Investors

Building Technology

Design Tools

Visualization

Construction Project Management

Marketplaces

Building Technology (3/4)


Company

Details

Robotics

FTD Highrise Inspection [Mississauga, 2008]: FTD Highrise Inspection provides highrise building
inspection services through their robot, called SAM. A custom made system is setup on the roof with
wires hanging till the bottom of the building. The robot runs up and down the wires to take photographs
of each section of the building, inspects for exterior deficiencies such as precast, caulking, brick work,
windows etc and then relays to the operator on the ground. Customers can then map out and grid out
their entire building, tag the issues with the appropriate contractor and generate a 3D map of the building
highlighting the issues assigned. Claims that they can inspect entire buildings in one-tenth of the
traditional time taken by manual inspectors and take two days to inspect a seven-storey building. Part of
Waterloo Accelerator Center.

Robotics

Robotics

Nlink [Sogn, 2009]: Nlink is a robotics company that develops mobile robotic systems for construction
industry. Nlink's first product is a mobile drilling robot to relieve construction workers from overhead
drilling work. Robot can be programmed to follow a pre defined drilling pattern using a android/iOS
interface. Nlinks mobile drilling robot won the 2014 RoboBusiness pitchfire contest.
Asmbld [Brooklyn, 2014]: Asmbld develops robotic technology for construction industry and home decor.
They are designing tiny modular cubic robots that will assembles into walls, furniture and custom objects,
hence, providing a dynamic reshaping of the space around. The technology can reconfigure room in
minutes. They occupy a space 5 inch high for their layer-wise arrangement when dissembled. This is like
3D printing upside down, as the co-founder Petr Novikov quotes.

ConstrucTRON [Harrisburg, 2015]: ConstrucTRON is startup focusing in developing robots for


construction industry. These robots will concentrate on road construction task and other dangerous tasks
involved in it.
Robotics

93

Construction Tech Report, February 2016

Funding

$1M

Investors

Building Technology

Design Tools

Visualization

Construction Project Management

Marketplaces

Building Technology

Building Technology (4/4)


Company

Modular Construction

Modular Construction

94

Details

Funding

ConXtech [Hayward, 2004]: ConXtech manufactures ConX building assemblies, a Chassis Based
Modular steel building system. Offers standard factory manufactured structures and custom crafted
$32.1M
structures. Its steel frames are fixed by lowering and snapping into place with no further requirement of
welding. Has an automated manufacturing facility in the San Francisco Bay Area.
Buildmyghar [Surat, 2015]: Buildmyghar (Part of Magicrete Venture) is an online platform for individual
home builders (IHB) to select home plans and get their home constructed on their existing plot (or buy a
plot from the platform). Claims to build house in 60 days using prefab construction technology as modular
elements in a factory, shipped to the site and assembled by them or only by certified contractors. Have
been partnered with few construction companies, paint and tiles companies. Architects and builders can
partner with them to get business. Provides service in Delhi, Goa, Mumbai and Surat as of November
2015.

Construction Tech Report, February 2016

Investors

Saudi Aramco Energy Ventures,


Columbus Nova

Team

Meherish Devaki
Senior Analyst, Enterprise Tech

95

Construction Tech Report, February 2016

Jiswanath Mondal
Lead Analyst, Enterprise Tech