At a Glance
SaaS solution that converts construction projects to cloud data and helps users to enjoy automatic data transfer, seamless interoperability and AI assistance.
Traction and Ask
With 2 pilot projects successfully completed, 2 new ones starting and 10+ in discussion, Aecmaster is now looking to raise €500k funding. In addition, it would be very interesting if the investor had software sales/internationalization expertise. The investment is needed to:
- Complete piloting and finalise the fully marketable product
- Begin sales and marketing by end of Q4 2023
- Reach over €10k MRR by Q2 2024, and over €100k ARR by Q4 2024
Market, Business Model, Financials and Team
In a design and management of construction projects global market worth €1,000Bn, Aecmaster was founded in 2019 in Helsinki, Finland. Aecmaster is monetizing mainly through a user-based SaaS revenue model charged to design or project management consultancies and real-estate developers. Breakeven is projected by Q4 2026. Aecmaster’s team of 8 (2 full-time co-founders, 4 full-time employees, 2 part-time employees) and committed partners (4 experts) combines decades of software, SaaS and product development expertise.
Competitive Advantage
Biggest technological USP of Aecmaster is that the majority of new solutions for construction projects relies on file-based digital workflow which is not a future proof method. Aecmaster’s data-based solutions unlocks the whole digital market potential of construction market, which is one of the biggest in the world that has not been yet digitalized.
Round Details
At a €4M pre-money valuation, we aim to close this €500k round by 15 June 2023, with existing investors already committed to join with €210k. €30k is the minimum investment ticket size.
Aecmaster has previously raised €600k+ in private investments and €300k+ in public funding (loans and grants) for its technological development, which means that after this round is secured, Aecmaster is fully ready for commercial uptake and entering international markets.
Get in Touch
Anssi Auvinen (Founder CEO) and the other founders are speaking with potential investors over the next few weeks and are keen to pitch, demo and open up their traction and financial plans in detail.
Get in touch with us to find out more.