About ConstructConnect
ConstructConnect is a company based in Cincinnati (United States) founded in 1993 was acquired by Roper Technologies in October 2016.. ConstructConnect has raised $15.58 million across 5 funding rounds from investors including Roper Technologies, FS Investments and Chrysalis Ventures. ConstructConnect has completed 2 acquisitions, including Quote Software and SmartBid. ConstructConnect offers products and services including Project Intelligence, On-Screen Takeoff, Bid Management, and Intelligent Leads. ConstructConnect operates in a competitive market with competitors including BuildingConnected, PlanHub, Obat, Altura and Basis, among others.
- Headquarter Cincinnati, United States
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Sectors
Real Estate & Construction
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$15.58 M (USD)
in 5 rounds
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Latest Funding Round
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Investors
Roper Technologies
& 8 more
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Employee Count
Employee Count
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Investments & Acquisitions
Quote Software
& 1 more
- Acquired by
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Products & Services of ConstructConnect
ConstructConnect offers a comprehensive portfolio of products and services, including Project Intelligence, On-Screen Takeoff, Bid Management, and Intelligent Leads. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for finding and filtering construction projects.
Tool for digital plan measurement and cost estimation.
System for creating and tracking bid packages.
Service for identifying potential construction leads.
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Sales and Marketing
55 people
Customer Team
27 people
Leadership Team
24 people
Software Development Team
14 people
Product Management Team
10 people
Senior Team
9 people
Manager Team
6 people
Human Resources and Administration
5 people
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Funding Insights of ConstructConnect
ConstructConnect has successfully raised a total of $15.58M across 5 strategic funding rounds. 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 Total Funding
- Total Rounds 5
- Last Round Last Round
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First Round
First Round
(04 Sep 2002)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2015 | Amount | Debt – Conventional - ConstructConnect | Valuation |
investors |
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| Jun, 2009 | Amount | Series C - ConstructConnect | Valuation | Reservoir Venture Partners , Iron Gate Capital | |
| Jun, 2007 | Amount | Series B - ConstructConnect | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ConstructConnect
ConstructConnect has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Roper Technologies, FS Investments and Chrysalis Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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US private equity investments are managed by FS Investments.
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Founded Year | Domain | Location | |
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VC firm making investment in early & growth stage healthcare & tech companies in the US
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ConstructConnect
ConstructConnect has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Quote Software and SmartBid. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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A cloud-based bidding platform is offered for contractors and subcontractors.
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2006 | ||||
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Estimation software for plumbing, piping, HVAC ducts and steel fabrication
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1990 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - ConstructConnect
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Constructconnect Comparisons
Competitors of ConstructConnect
ConstructConnect 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 BuildingConnected, PlanHub, Obat, Altura and Basis, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Bid management in construction is enabled via an online platform.
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| domain | founded_year | HQ Location |
Cloud-based software for construction bidding and estimation is utilized.
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| domain | founded_year | HQ Location |
Personalized quotes and invoices for construction are generated online.
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| domain | founded_year | HQ Location |
End-to-end bid management is streamlined and automated by AI.
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| domain | founded_year | HQ Location |
Online platform offering financial services for women
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Constructconnect
Frequently Asked Questions about ConstructConnect
When was ConstructConnect founded?
ConstructConnect was founded in 1993 and raised its 1st funding round 9 years after it was founded.
Where is ConstructConnect located?
ConstructConnect is headquartered in Cincinnati, United States. It is registered at Cincinnati, Ohio, United States.
Who is the current CEO of ConstructConnect?
Dave Conway is the current CEO of ConstructConnect.
Is ConstructConnect a funded company?
ConstructConnect is a funded company, having raised a total of $15.58M across 5 funding rounds to date. The company's 1st funding round was a Series B of $7.93M, raised on Sep 04, 2002.
What does ConstructConnect do?
ConstructConnect was founded in 1993 and is headquartered in Cincinnati, United States. The platform was formed through the combination of four brands: iSqFt, Construction Market Data, BidClerk, and Construction Data. Operations focus on the construction sector, where connections are facilitated among general contractors, subcontractors, architects, engineers, and project owners. Services include lead generation, bid invitations, document sharing, and visibility tools to support project bidding and delivery.
Who are the top competitors of ConstructConnect?
ConstructConnect's top competitors include BuildingConnected, PlanHub and Altura.
What products or services does ConstructConnect offer?
ConstructConnect offers Project Intelligence, On-Screen Takeoff, Bid Management, and Intelligent Leads.
How many acquisitions has ConstructConnect made?
ConstructConnect has made 2 acquisitions, including Quote Software, and SmartBid.
Who are ConstructConnect's investors?
ConstructConnect has 9 investors. Key investors include Roper Technologies, FS Investments, Chrysalis Ventures, Reservoir Venture Partners, and Iron Gate Capital.
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