# Ynomia

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

- Industry: Software
- Headquarters: Melbourne, Australia
- Website: www.ynomia.io
- Total disclosed funding: $3.6M
- Latest round: Seed (Aug 19, 2019)
- Investors on record: 4

## About

Ynomia is an innovative provider of digital progress monitoring solutions for the construction sector. The company utilizes advanced tracking technologies to enhance supply chain visibility and operational efficiency.Founded in 2017, Ynomia operates out of Melbourne, Australia, focusing on digital progress monitoring in construction. The company raised USD 3.6 mn in Seed funding in August 2019, led by Brick & Mortar Ventures, with additional investments from Salta Group, Aura Ventures, and Taronga Ventures. Ynomia has completed three significant deals to date.Ynomia specializes in digital progress monitoring and tracking within the construction industry. Its primary offerings include real-time tracking of construction components through a combination of direct integrations, Bluetooth tags, and a user-friendly mobile application. The company effectively addresses supply chain management challenges, enabling stakeholders to monitor the movement of components from design through to construction. Ynomia serves a diverse client base that includes industry partners such as Kier and PCE, as well as government entities like the Ministry of Justice (MOJ). The company's solutions are particularly aimed at construction firms and contractors in the UK, enhancing efficiency and transparency in complex supply chains.Ynomia generates revenue primarily through B2B partnerships, where clients subscribe to their services for ongoing access to the Digital Twin Dashboard and related tracking technologies. The firm operates a subscription-based model, providing users with real-time insights and data management capabilities for their construction projects. Its flagship solutions, including the Interactive Digital Twin Dashboard, facilitate system integration and ensure seamless supply-chain information flow. Pricing structures are customized to meet the specific needs of clients, reflecting the adaptable nature of Ynomia's offerings and their capacity to improve operational workflows within the construction sector.Ynomia plans to leverage its recent Seed funding of USD 3.6 mn, raised in August 2019, to develop new products and enhance its service offerings. The company aims to introduce additional features to its Digital Twin Dashboard to further streamline construction tracking processes. Furthermore, Ynomia is targeting expansion into new markets, particularly across Europe and North America, with anticipated growth initiatives set for the next two years to increase its geographical footprint.

## Funding rounds

- Seed, Aug 19, 2019, $3.6M — Salta Group, Brick & Mortar Ventures, Taronga Ventures, Aura Ventures

## Investors

- Salta Group — Seed
- Brick & Mortar Ventures (https://capitalatlas.ai/funds/brick-mortar-ventures) — Seed
- Taronga Ventures (https://capitalatlas.ai/funds/taronga-ventures) — Seed
- Aura Ventures — Seed