# Flexcavo

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

- Industry: Construction
- Headquarters: Rosenheim, Germany
- Website: www.flexcavo.de
- Total disclosed funding: $7.5M
- Latest round: Seed (Sep 27, 2021)
- Investors on record: 5

## About

Flexcavo GmbH specializes in innovative fleet management solutions aimed at optimizing construction operations through centralized equipment data integration, catering to contractors and firms globally.Founded in 2020, Flexcavo GmbH is headquartered in Rosenheim, Germany, focusing on enhancing construction operations with its software solutions. The company has raised a total of USD 7.50 mn through 6 deals, with the most recent funding round being a Grant of USD 2.70 mn in January 2023. Founders Benedict Aicher and Leonhard Fricke have a strong background in technology and innovation, contributing to the company's strategic vision. In January 2023, Trackunit ApS acquired Flexcavo GmbH, facilitating further development of its software for builders and rental enterprises across Europe.FlexcavoOS provides a comprehensive suite of fleet management solutions designed to optimize construction operations by centralizing equipment data across various brands, dealers, and rental companies. Key products include Trackunit Manager for full fleet management and Trackunit Go for dynamic access to fleet information. These solutions cater to contractors and construction firms focusing on operational efficiency, safety, and minimizing downtimes, serving clients in North America, Europe, and Australia.FlexcavoOS generates revenue primarily through subscription-based models, where clients enter contracts for software solutions like Trackunit Manager and Trackunit Go. The pricing structure accommodates business-to-business transactions, allowing firms to tailor subscriptions according to fleet size and specific operational needs. Long-term partnerships are common, as construction companies depend on these services for critical data management.Flexcavo GmbH is set to enhance its offerings and expand its presence in Europe following its recent acquisition by Trackunit ApS. The integration will drive the development of new products tailored to builders and rental enterprises in the construction sector. With the recent Grant funding, Flexcavo plans to further refine its software solutions and broaden its market reach, focusing on additional European countries and reinforcing its commitment to supporting the construction industry's evolving requirements.

## Funding rounds

- Seed, Sep 27, 2021, $7.5M — FJ Labs, Redstone, VR Ventures, Picus Capital, Rivus Capital
- Seed, Jul 1, 2020 — Picus Capital

## Investors

- Picus Capital (https://capitalatlas.ai/funds/picus-capital) — Seed
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Seed
- Redstone (https://capitalatlas.ai/funds/redstone) — Seed
- VR Ventures (https://capitalatlas.ai/funds/vr-ventures) — Seed
- Rivus Capital (https://capitalatlas.ai/funds/rivus-capital) — Seed