Builderhead, a cutting-edge project development and management platform for real estate owners and developers, has secured a new funding round.
The investment includes continued backing from existing investors and the addition of new partners, including Korpun Siemen, Digital Heart Capital II (Sofokus Ventures) and Sueno Digital (Teemu Jokinen).
“We’re excited to have the support from our existing investors as we welcome new ones. Alongside the new funding, we are on track to reach break-even soon, which will provide a solid foundation for our upcoming growth plans,” says Builderhead Co-Founder and Chairman Julius Tuomikoski.
Addressing industry challenges
Currently, companies in the industry have had to rely on multiple tools, as existing solutions fail to provide a seamless link from the start to the completion of a project. This fragmented approach leads to inefficiencies, miscommunication, and increased costs, as teams spend valuable time switching between platforms and addressing gaps in project visibility.
“We are deeply grateful to our current customers who use Builderhead daily across more than 3,000 projects and continuously provide valuable feedback that drives our platform’s development. In addition, during the past 12 months we have been able to triple our user base and double our revenue,” adds the Co-Founder and CEO of Builderhead Sami Kivensalo.
According to Coherent Market Insights, the real estate software market is estimated to be valued at $12+ billion in 2024 and is expected to grow 12.6% annually over the forecast period 2024-2031.
International opening on the horizon
With this latest round of funding, Builderhead is well-positioned to open international markets and continue innovating in the project management space for real estate developers and owners. The first international customer deals have already been closed in the UK and France.
“We see huge potential in Builderhead’s platform to transform the entire industry, and we’re excited to be part of their journey,” adds Matias Itkonen from Korpun Siemen.
Builderhead
#1 collaboration workspace for real estate owners and developers. The place where real estate development meets seamless project execution.
More information:
Julius Tuomikoski, Co-Founder & Chairman, Builderhead
julius.tuomikoski@builderhead.com
+358505221264