# Hammer Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hammer-technologies-pty

- Industry: Software
- Headquarters: Melbourne, Australia
- Website: www.hammertechglobal.com
- Total disclosed funding: $7.1M
- Latest round: Series A (Mar 29, 2019)
- Investors on record: 1

## About

Hammer Technologies Pty Ltd is an Australian company specializing in construction safety software and compliance solutions that enhance operational efficiency on job sites through innovative digital tools.Founded in 2013 and headquartered in Melbourne, Australia, Hammer Technologies focuses on optimizing construction operations through their software offerings. The founders, Andrew Hogben, Brad Tabone, and Lucas McDonald, have a background in the tech and construction industries. Recently, the company secured AUD 105 mn in GROWTH funding led by Riverwood Capital on July 15, 2024, bringing their total amount raised to AUD 105 mn across three deals. The firm is noted for its strategic partnerships within the construction sector.HammerTech specializes in comprehensive construction safety software and compliance solutions designed to optimize job site operations. Their core offerings include tools for subcontractor and worker onboarding, pre-task planning, automated reporting, and incident management, all streamlined into a single platform accessed via one login. The software enables users to manage compliance, risk, and safety processes efficiently by eliminating traditional documentation methods. HammerTech serves clients globally, with a significant presence in North America, Australia, and the United Kingdom, having enrolled over 4.5 million workers in its platform.HammerTech operates primarily on a subscription model, where clients engage in annual or multi-year contracts to utilize its platform. This structure allows scalable implementation across multiple projects, benefiting clients from tailored features specific to their needs. While specific pricing plans are undisclosed, offerings include flagship products such as HammerTechGO and customizable solutions. The firm generates revenue from its extensive client base, which includes over 500 general contractors and many subcontractors, creating a steady stream of recurring revenue through its subscription-based model.In July 2024, Hammer Technologies secured AUD 105 mn in GROWTH funding, led by Riverwood Capital. This funding will support the company's expansion projects and accelerate research and development initiatives. The firm aims to enhance its product offerings and expand into new markets, specifically targeting increased presence in North America and Europe. Plans for new product launches are underway, with anticipated releases designed to further improve safety and compliance on job sites.

## Funding rounds

- Series A, Mar 29, 2019, $7.1M — Arrowroot Capital

## Investors

- Arrowroot Capital (https://capitalatlas.ai/funds/arrowroot-capital) — Series A