# Finalcad

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/finalcad

- Industry: Software
- Headquarters: Paris, France
- Website: www.finalcad.com
- Total disclosed funding: $56M
- Latest round: Series C (Dec 7, 2018)
- Investors on record: 7

## About

Finalcad is a technology company that provides innovative construction project management solutions to enhance collaboration among stakeholders in the construction industry.Founded in 2011 by David Vauthrin and Jimmy Louchart, Finalcad is headquartered in Paris, France. The company specializes in construction project management software, facilitating effective communication and workflow among contractors, architects, and project owners. Finalcad has raised EUR 7.581 mn in Series D funding as of April 26, 2022, bringing its total amount raised to EUR 7.581 mn and its current valuation to EUR 27.137 mn. The company has executed 5 deals throughout its history.Finalcad specializes in construction project management software designed to enhance collaboration among various stakeholders in the construction industry. Their flagship product, Finalcad One, provides an intuitive platform for contractors, architects, and project owners to streamline project management processes. The software enables users to share real-time observations, manage defects, and conduct quality controls, all while ensuring compliance with safety and progress standards. Finalcad's solutions are adaptable to various phases of construction, including design, performance, and maintenance, applicable across numerous specialties within the industry. The company serves a diverse global client base, with users spread across 35 countries, and has supported over 30,000 projects.Finalcad operates on a subscription-based revenue model, offering flexible pricing plans tailored to the needs of businesses at varying levels of digital maturity. Clients typically engage in annual or multi-year subscriptions, which provide access to the suite of services offered, including project management tools and analytics capabilities. This structure fosters long-term partnerships, ensuring consistent support and updates, while allowing customers to select the most relevant solutions for their specific project requirements. Consequently, this enables a steady revenue stream as the company expands its influence within the construction sector.In April 2022, Finalcad raised EUR 7.58 mn in Series D funding, which will be utilized to enhance their product offerings and expand into new markets. The company is actively designing new features and tools to improve user experience on their platform. Specific target markets for expansion include North America and parts of Asia, with plans to establish a presence in these regions by 2024.

## Funding rounds

- Series C, Dec 7, 2018, $40M — Molten Ventures, Cathay Capital, Aster Capital, Serena, Groupe ADP, Cap Horn, Salesforce Ventures
- Series B, Aug 11, 2016, $13M — Aster Capital, Serena, Cap Horn
- Series A, Sep 29, 2014, $2.6M — Serena

## Investors

- Serena (https://capitalatlas.ai/funds/serena) — Series A, Series B, Series C
- Aster Capital (https://capitalatlas.ai/funds/aster-capital) — Series B, Series C
- Cap Horn (https://capitalatlas.ai/funds/cap-horn) — Series B, Series C
- Molten Ventures (https://capitalatlas.ai/funds/molten-ventures) — Series C
- Cathay Capital — Series C
- Groupe ADP — Series C
- Salesforce Ventures (https://capitalatlas.ai/funds/salesforce-ventures) — Series C