Comstruct, a platform to digitize the construction industry, raises $13.5 million

Quick Summary:

Munich-based startup Comstruct wants to design a different platform to digitize the construction industry — a software platform.

The startup has chosen usage-based pricing with a simple per-document pricing strategy.“With the [Corporate Sustainability Reporting Directive] in Europe they need to report how much material went into construction projects.

The startup then uses machine learning to integrate each supplier on its platform.“This technical improvement enabled us to integrate 800 material suppliers over the last two years, which is quite a significant amount already,” Meinhardt said.

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Article Details

Author / Journalist: Romain Dillet

Category: Technology

Markets: United StatesAustriaGermanySwitzerland

Topics: Construction Industry SaaS Vertical SaaS Enterprise Comstruct Startups

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-06 @ 10:06:04 (11 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 856 words

Reading Time: 5 minutes read

Sentences: 46 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 25923669

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