About Caidio
Caidio is a company based in Espoo (Finland) founded in 2018 by Aku Wilenius. Caidio has raised $1.5 million across 1 funding round from investors including Asian Development Bank, A-Engineers and MiraclePlus. Caidio offers products and services including Water Content Optimizer, Aggregate Quality Analysis, Compressive Strength and Workability, and Recycled Concrete & Cement Alternatives. Caidio operates in a competitive market with competitors including Elop, COMMAND Center, EXACT Technology, Concrete Sensors and Sensytec, among others.
- Total Equity Funding$1.5M (USD)
in 1 rounds
- Latest Funding Round$1.5M (USD), Seed
Jun 2022
- InvestorsAsian Development Bank
& 3 more
Products & Services of Caidio
Caidio offers a comprehensive portfolio of products and services, including Water Content Optimizer, Aggregate Quality Analysis, Compressive Strength and Workability, and Recycled Concrete & Cement Alternatives.
Tool to optimize water levels in concrete for improved quality and efficiency.
Service to assess aggregate quality in concrete production processes.
Tool for evaluating concrete strength and workability in construction.
Solutions for using recycled materials in concrete to reduce environmental impact.
Funding Insights of Caidio
Caidio has successfully raised a total of $1.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.5 million completed in June 2022. 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.
- Total Funding $1.5M
- Total Rounds 1
- Last Round Seed — $1.5M
- First Round $1.5M
(Jun 2022)
- Investors Count 4
All 1 funding rounds of Caidio with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2022 | $1.5M | Seed | – | – |
4 investors in total: 4 institutional.
Investors in Caidio
Caidio has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Asian Development Bank, A-Engineers and MiraclePlus.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | miracleplus.com | - | |
- | – | hbgholdings.com | - | |
Advisory services and financial resources are mobilized for development projects. | 1966 | adb.org | Mandaluyong, Philippines | |
Construction management services are provided by A-Engineers in Finland. | 1959 | ains.fi | Tampere, Finland |
Investor details for Caidio
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People of Caidio
2 people are tracked at Caidio (2 in leadership).
| Name | Role | Group |
|---|---|---|
Aku Wilenius | Co-Founder & CEO | Leadership |
Jani Pöllänen | Chief Engineer | Leadership |
Complete people profiles for Caidio
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Timeline of Caidio
2 dated milestones of Caidio across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Caidio is founded.
- Funding First funding round of $1.5M.
Competitors of Caidio
Caidio 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 Elop, COMMAND Center, EXACT Technology, Concrete Sensors and Sensytec, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| elop.no | 2013 | Oslo, Norway | – | – | Cloud-based concrete inspections are provided for construction structures. | |
| commandcenterconcrete.com | 2017 | Austin, United States | – | 197 | Offers tools for monitoring concrete temperature and maturity in construction projects. | |
| exacttechnology.com | 2017 | Toronto, Canada | – | – | SaaS-driven concrete monitoring solutions are provided for construction. | |
| concretesensors.com | 2015 | Boston, United States | $5.64M | – | Sensors for concrete moisture and humidity monitoring are provided. | |
| sensytec.com | 2015 | Houston, United States | $20,000 | – | Cement and concrete structures are monitored in real time. | |
| concr.de | 2019 | Berlin, Germany | – | 30 | Cloud and IoT-based solutions for concrete monitoring are provided. | |
| greenvibe.io | 2019 | – | – | – | Cloud-based IoT sensors for concrete monitoring in construction are provided. | |
| concreteai.io | 2022 | Singapore | – | – | AI-based software for monitoring concrete strength and temperature is provided. | |
| concretemri-can.com | 2019 | Vancouver, Canada | – | – | Real-time concrete quality and strength are monitored via handheld devices. |
Detailed competitors of Caidio
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- Full competitor set
- Operating metrics
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Latest news on Caidio
Complete news archive for Caidio
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
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- Brand-specific news history
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Similar companies to Caidio
10 companies that operate in the same segment as Caidio (Construction & Building Tech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multi-category products are supplied via a B2B marketplace platform. | 2015 | Singapore, Singapore | USD 470.85 M | USD 642.28 M | 1,331 | |
SaaS project management software is provided for construction professionals. | 2003 | Carpinteria, California, United States | USD 405.2 M | USD 1.32 B | 4,200 | |
Cloud-based positioning solutions are offered for industrial sectors. | 1978 | Sunnyvale, California, United States | – | USD 3.59 B | 12,100 | |
Digital procurement and supply solutions for construction materials are facilitated. | 2016 | Thane, Maharashtra, India | USD 763.1 M | USD 1.43 B | 1,710 | |
Provider of cloud and AI-based virtual tour solutions for construction professionals | 2011 | Sunnyvale, California, United States | USD 163.18 M | – | – | |
Hover is recognized for providing construction and renovation software solutions. | 2011 | San Francisco, California, United States | USD 142.3 M | – | – | |
Cloud-based CRM and project management software for contractors is provided. | 2011 | American Fork, Utah, United States | USD 383 M | – | – | |
Cloud-based AR-enabled photo collaboration for field services is provided. | 2015 | Lincoln, Nebraska, United States | USD 36.25 M | – | – | |
AI and app-based smart windows are provided for buildings. | 2007 | Milpitas, California, United States | USD 3.71 B | – | – | |
Provider of management solutions for the construction sector | 1963 | Munchen, Bayern, Germany | – | USD 1.4 B | – |
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Frequently Asked Questions about Caidio
Caidio was founded in 2018 and raised its 1st funding round 4 years after it was founded.
Caidio is headquartered in Espoo, Finland.
Aku Wilenius is the current CEO of Caidio. They have also founded this company.
Caidio is a funded company, having raised a total of $1.5M across 1 funding round to date. The company's 1st funding round was a Seed of $1.5M, raised on Jun 2022.
Caidio was founded in 2018 in Espoo, Finland, where AI-based solutions for concrete quality monitoring are developed. Operations focus on the construction materials sector, with services that support quality improvements, raw material reductions, and production optimizations. Concrete intelligence technology is applied to monitor quality and verify processes, enabling data-driven decisions in concrete production workflows.
Caidio's top competitors include Elop, Concrete Sensors and GREENVIBE.
Caidio offers Water Content Optimizer, Aggregate Quality Analysis, Compressive Strength and Workability, and Recycled Concrete & Cement Alternatives.
Caidio has 4 investors. Key investors include Asian Development Bank, A-Engineers, MiraclePlus, and HBG Holdings.