The startup born in 2022 owns a software for the digitisation of the building materials ordering process
Munich-headquartered proptech startup Comstruct, attracted 12.5 million euros from GV, 20VC (lead investors) and current shareholders Booom and Puzzle Ventures (see here the LinkedIn post) which joined the 2023 pre-seed round that allowed the company to raise 1.2 million.
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Comstruct aims to digitising the building materials procurement process through a software platform that integrates data from different suppliers, regardless of their preferred data sharing methods. This machine learning-based integration allows the firm’s proprietary tools to incorporate information from suppliers via Electronic Data Interchange (EDI), email or customer portals. Over the past two years, Gotthard tunnel project in Switzerland and 800 material suppliers joined Comstruct system. Such contractors and vendors use such software to manage delivery notes and link them to invoices.
In 2022, Saint Gallen University students Dominik Brosch, Henric Meinhardt, Jonas Beckort e Julian Hufnagel, founded Comstruct in Switzerland and later moved the company’s headquarter to Germany. The company has a current relevant position in the DACH area , Sweden, Norway, France, Poland, and Czech Republic.