# Remato Eesti OÜ

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/remato-eesti-ou

- Industry: Software
- Headquarters: Tartu, Estonia
- Website: www.remato.ee
- Total disclosed funding: $2.2M
- Latest round: Seed (Aug 11, 2021)
- Investors on record: 7

## About

Remato Eesti OÜ is a Tartu-based company specializing in all-in-one construction software designed for small to medium-sized construction firms, enhancing project management and operational efficiency.Founded in 2018 in Tartu, Estonia, Remato Eesti OÜ focuses on developing comprehensive software solutions for the construction industry. The company has successfully closed 3 deals, with the most recent funding round occurring on August 11, 2021, where it raised USD 1.7 mn in SEED funding led by Passion Capital. The company was co-founded by Madis Lehtmets, Ranno Käomägi, Siim Puskai, and Toomas Savisaar, and is currently led by CEO Ranno Käomägi.Remato specializes in all-in-one construction software tailored for small to medium-sized construction companies. The core offerings include tools for project management, team and asset management, and on-site operations management. Key features enable real-time updates on employee attendance, project timelines, and equipment status, facilitating efficient workflow and communication among team members. Remato's BOX, a robust self-calibrating card reader, simplifies on-site registration processes, enhancing the overall user experience. The software is utilized across various geographical markets, including Estonia, and addresses a range of client needs in sectors such as general contracting, electrical work, plumbing, restoration, roofing, and solar energy.In 2023, Remato reported revenue of USD 800,188.50, with an EBITDA of USD 312,213.50. The company generates revenue primarily through subscription-based models, offering clients access to their software suite for a specified fee. This transactional structure allows clients to choose from various subscription plans that cater to their specific needs, which may include project management, asset tracking, and timekeeping functionalities. Each plan is designed to provide comprehensive support and accessibility, ensuring that users have the necessary tools for effective construction management. Revenue is further bolstered by partnerships with other service providers to enhance the software's capabilities, thus expanding its market reach.Remato aims to leverage its recent SEED funding of USD 1.7 mn, raised in August 2021, to enhance its product offerings and expand into new markets. The company is currently designing new features aimed at improving user experience, with plans to launch these updates by the end of 2024. Additionally, Remato is targeting geographic expansion into Northern Europe and the Baltics by 2025, seeking to establish a stronger presence in these regions to capture a wider client base. The funding will primarily be allocated towards product development and marketing efforts to support these initiatives.

## Funding rounds

- Seed, Aug 11, 2021, $1.7M — Spring Capital, Passion Capital, Superangel, Lemonade Stand, Kaamos Group
- Seed, Sep 16, 2020, $0.5M — Thorgate Ventures, Lemonade Stand, Zenith Family Office OU

## Investors

- Thorgate Ventures (https://capitalatlas.ai/funds/thorgate-ventures) — Seed
- Lemonade Stand (https://capitalatlas.ai/funds/lemonade-stand) — Seed
- Zenith Family Office OU — Seed
- Spring Capital — Seed
- Passion Capital — Seed
- Superangel (https://capitalatlas.ai/funds/superangel) — Seed
- Kaamos Group (https://capitalatlas.ai/funds/kaamos-group) — Seed