# Mastt Australia

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mastt-australia-pty

- Industry: Construction
- Headquarters: Australia
- Website: www.mastt.com.au
- Total disclosed funding: $8.2M
- Latest round: Series A (Jan 23, 2022)
- Investors on record: 5

## About

Mastt Australia Pty Ltd. specializes in delivering advanced tools for capital project management, enhancing workflow efficiency in construction, real estate development, and infrastructure projects through innovative software solutions.Mastt Australia Pty Ltd. provides a comprehensive suite of tools for capital project management. Founded by Jamie Cerexhe, the company has navigated its operational strategies to meet the evolving demands of the capital project sector. In January 2022, Mastt raised AUD 9.39 million in Series A funding led by OIF Ventures and Significant Capital Ventures, bringing the total amount raised to AUD 9.39 million with a current valuation of AUD 44.045 million. The company's headquarters are in Australia, with significant operations in North America and Europe.Mastt specializes in providing a suite of comprehensive tools designed to streamline capital project management. Their core offerings include interactive dashboards, automated reporting, and risk management solutions tailored for professionals involved in construction, real estate development, and infrastructure projects. These products enable users to efficiently track project costs against budgets, manage cash flow, and maintain compliance through digital ledgers and smart forms. The company’s solutions enhance productivity by eliminating cumbersome, error-prone spreadsheet processes, allowing project managers to generate real-time reports and visualizations effortlessly. Mastt primarily serves clients in the construction and project management sectors across various geographical markets, including North America, Europe, and Australia, catering to both project owners and management businesses engaged in large-scale capital initiatives.Mastt operates on a subscription-based revenue model, offering its suite of project management tools to businesses in the construction sector. Clients engage with Mastt for ongoing access to its software solutions, which include features for budgeting, contract management, and risk reporting. Transactions are structured as annual or monthly subscriptions, allowing clients to leverage various tools depending on their specific project needs. The company’s flagship offerings include its automated reporting and risk management platforms, providing users with real-time insights and facilitating decision-making throughout the project lifecycle. This revenue structure reflects a focus on providing high-value, integrated solutions that meet the demands of capital project professionals, ensuring a consistent and reliable income stream for Mastt.In January 2022, Mastt Australia Pty Ltd. raised AUD 9.39 million in Series A funding, which will be directed towards the company's continued expansion. Mastt plans to develop new products and enhance its current offerings, targeting specific projects that improve client engagement and satisfaction. The funding will also support expansion into new markets, particularly focusing on increasing its presence in Europe and North America by the end of 2023, thereby broadening its reach and enhancing its global footprint.

## Funding rounds

- Series A, Jan 23, 2022, $6.6M — OIF Ventures, Significant Capital Ventures
- Seed, Dec 2, 2020, $1.7M — Artesian, Investible, Significant Capital Ventures, Grct 20 Pty Ltd

## Investors

- Artesian (https://capitalatlas.ai/funds/artesian) — Seed
- Investible (https://capitalatlas.ai/funds/investible) — Seed
- Significant Capital Ventures (https://capitalatlas.ai/funds/significant-capital-ventures) — Seed, Series A
- Grct 20 Pty Ltd — Seed
- OIF Ventures (https://capitalatlas.ai/funds/oif-ventures) — Series A