# PlanRadar

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

- Industry: Software
- Headquarters: Vienna, Austria
- Website: www.planradar.com
- Total disclosed funding: $100M
- Latest round: Series B (Jan 20, 2022)
- Investors on record: 10

## About

PlanRadar GmbH is a software company specializing in construction and real estate management, delivering digital solutions that enhance project management efficiency throughout the building lifecycle.Founded in 2013 in Vienna, Austria, PlanRadar GmbH offers a software platform designed for project management in the construction and real estate sectors. The company has not undergone any major pivots or changes in strategy. The founders, Clemens Hammerl, Constantin Köck, Domagoj Dolinsek, and Ibrahim Imam, have prior entrepreneurial experience. In January 2022, PlanRadar raised EUR 60 million in a SERIES B funding round, targeting international expansion and technological development, with participation from various investment firms including Insight Partners and Quadrille Capital. The company has successfully completed five funding deals, with the latest round amounting to EUR 60 million, equaling the total amount raised.PlanRadar's core product offerings revolve around its construction and real estate management software, which facilitates comprehensive project management throughout the building lifecycle. The software enables users to track, connect, and resolve issues effectively during the build phase, providing essential tools for digital asset and property management aimed at increasing productivity. By integrating design and pre-construction workflows with on-site operations, PlanRadar allows project teams to organize, update, and share documents and plans in a unified platform. The functionalities include real-time project analysis, progress reporting, Gantt scheduling, and advanced visual documentation through 360° reality capture. With a diverse user base exceeding 170,000 individuals across over 75 countries—including general contractors, property developers, facility managers, and various industry professionals—PlanRadar addresses use cases such as deficiency reporting, compliance checks, and quality assurance, catering primarily to markets in North America, Europe, and parts of Asia.PlanRadar operates on a subscription-based revenue model, allowing clients to access its software through various pricing tiers tailored to their specific needs. This structure includes options for unlimited free subcontractors and watchers, ensuring that firms can collaborate seamlessly without incurring additional costs for every user. Clients, ranging from large-scale real estate developers to small contractors, engage with PlanRadar through direct B2B transactions, facilitating the adoption of its trademarked solutions such as compliance reporting and defect management. The company’s revenue generation is bolstered by its pre-built, no-code integrations with over 200 applications, providing added value to its service offerings. By streamlining processes and reducing administrative burdens, PlanRadar delivers a compelling value proposition for clients seeking efficiency in project management without disclosing specific pricing details. The company's EBITDA for the most recent year, 2023, stands at EUR -6,453,571.70.In January 2022, PlanRadar GmbH raised EUR 60 million in SERIES B funding, co-led by returning investor Insight Partners and new investor Quadrille Capital, among others. The company is leveraging this funding to support its international expansion, with plans targeting new markets in North America and Asia by the end of 2024. Additionally, PlanRadar is focused on enhancing its technological offerings and increasing investment in research and development to innovate further within the construction software sector.

## Funding rounds

- Series B, Jan 20, 2022, $67M — Insight Partners, Headline, Quadrille Capital, aws Fondsmanagement, VR Ventures, NAP, GR Capital, PT1, Russmedia Equity Partners
- Series A, Mar 6, 2020, $33M — Insight Partners, Headline, aws Fondsmanagement, VR Ventures, NAP
- Seed, Jun 26, 2017 — aws Fondsmanagement, VR Ventures, NAP
- Seed, Feb 1, 2015 — Loric Ventures

## Investors

- Loric Ventures (https://capitalatlas.ai/funds/loric-ventures) — Seed
- aws Fondsmanagement (https://capitalatlas.ai/funds/aws-fondsmanagement) — Seed, Series A, Series B
- VR Ventures (https://capitalatlas.ai/funds/vr-ventures) — Seed, Series A, Series B
- NAP (https://capitalatlas.ai/funds/nap) — Seed, Series A, Series B
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series A, Series B
- Headline (https://capitalatlas.ai/funds/headline) — Series A, Series B
- Quadrille Capital (https://capitalatlas.ai/funds/quadrille-capital) — Series B
- GR Capital (https://capitalatlas.ai/funds/gr-capital) — Series B
- PT1 — Series B
- Russmedia Equity Partners (https://capitalatlas.ai/funds/russmedia-equity-partners) — Series B