Aconex

Melbourne, Australia Founded: 2000 • Age: 26 yrs Acquired By Oracle
Cloud-based project management software is delivered for construction projects.
Annual revenue $1.8M Latest available
Total funding $85.0M 1 rounds
Employees 91 Tracked headcount
Investors 2 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Aconex

Aconex is a company based in Melbourne (Australia) founded in 2000 was acquired by Oracle in December 2017. It operates as a SaaS (Software-as-a-Service) and Managed Services. Aconex has raised $85 million across 1 funding round from investors including Oracle and Francisco Partners. The company has 91 employees as of April 08, 2024. Aconex has completed 2 acquisitions, including Conject and INCITE Keystone. Aconex offers products and services including Aconex Construction Management, Aconex Model Coordination, and Aconex Field. Aconex operates in a competitive market with competitors including Procore, Hover, Fieldwire, PlanGrid and Nemetschek Group, among others.

  • Headquarter Melbourne, Australia
  • Employees 91 as on 08 Apr, 2024
  • Stage Public
  • Sectors
    Real Estate & Construction
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Oracle Corporation
  • Date of Incorporation 08 Jul, 2006
  • Jurisdiction Bengaluru, Karnataka, India
Operational Areas
Real Estate & Construction → Property Technology (PropTech) Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.79 M (USD)
    100.56
    as on Mar 31, 2013
  • Net Profit
    $68.12 K (USD)
    616.54
    as on Mar 31, 2013
  • EBITDA
    $1.79 M (USD)
    100.56
    as on Mar 31, 2013
  • Total Equity Funding
    $85 M (USD)

    in 1 rounds

  • Latest Funding Round
    $85 M (USD), Series D

    Sep 22, 2008

  • Investors
    Oracle

    & 1 more

  • Employee Count
    91

    as on Apr 08, 2024

  • Investments & Acquisitions
    Conject

    & 1 more

  • Acquired by
    Oracle

    (Dec 18, 2017)

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Products & Services of Aconex

Aconex offers a comprehensive portfolio of products and services, including Aconex Construction Management, Aconex Model Coordination, and Aconex Field.

Product name locked
Category locked
Primary

Construction processes are managed end-to-end with collaboration tools.

Product name locked
Category locked
Locked

Model coordination is facilitated for project team collaboration.

Product name locked
Category locked
Locked

Field inspections and safety are automated for compliance.

Funding Insights of Aconex

Aconex has successfully raised a total of $85M through 1 strategic funding round. The most recent funding activity was a Series D round of $85 million completed in September 2008. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Aconex

Aconex has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Oracle and Francisco Partners.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity investment firm focused on technology sector
Locked Locked Locked
Hybrid cloud infrastructure solutions are delivered for business management.
Locked Locked Locked
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Investments & Acquisitions by Aconex

Aconex has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Conject and INCITE Keystone.

Investments
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Investment portfolio details for Aconex

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Software for managing construction project lifecycles is offered by Conject.
Locked Locked 2000 Locked
Web-based platform for project collaboration and information management is provided.
Locked Locked 2000 Locked
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Complete acquisition details for Aconex

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Financial Statements - Aconex

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Detailed financials for Aconex

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Aconex Comparisons

Aconex Primary company
Description
Cloud-based project management software is delivered for con...
Location
Melbourne, Australia
Founded Year
2000
Annual Revenue
$1.79 M (USD)
Net Profit
$68.12 K (USD)
EBITDA
$1.79 M (USD)
Employees
91
As of 2024
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Peer comparison for Aconex

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Competitors of Aconex

Aconex operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Procore, Hover, Fieldwire, PlanGrid and Nemetschek Group, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
SaaS project management software is provided for construction professionals.
Locked Locked Locked
Hover is recognized for providing construction and renovation software solutions.
Locked Locked Locked
A cloud-based collaboration platform is offered for construction project teams.
Locked Locked Locked
Provider of collaboration on web and mobile for field construction
Locked Locked Locked
Provider of management solutions for the construction sector
Locked Locked Locked
SaaS software for construction professionals' communication and collaboration is provided.
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Detailed competitors of Aconex

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Latest news on Aconex

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Complete news archive for Aconex

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Frequently Asked Questions about Aconex

Aconex was founded in 2000 and raised its 1st funding round 8 years after it was founded.

Aconex is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.

Aconex is a funded company, having raised a total of $85M across 1 funding round to date.

As of Apr 08, 2024, the latest employee count at Aconex is 91.

Annual revenue of Aconex is $1.79M as on Mar 31, 2013.

Aconex, part of Oracle, offers construction project management software that connects teams and processes across the entire project lifecycle. End-to-end processes are managed with a highly configurable platform, facilitating collaboration through a unique data ownership model. Solutions are provided for model coordination, cost control, and onsite safety. The software serves the construction industry, ensuring accountability with an unalterable audit trail and supporting design-build projects with seamless data sharing.

Aconex's top competitors include Procore, Hover and Nemetschek Group.

Aconex offers Aconex Construction Management, Aconex Model Coordination, and Aconex Field.

Aconex has made 2 acquisitions, including Conject, and INCITE Keystone.

Aconex has 2 investors. Key investors include Oracle, and Francisco Partners.

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