About Conwize
Conwize is a company based in Hadera (Israel) founded in 2017.. Conwize has raised $2.8 million across 1 funding round from investors including Ariel Maislos, PropTechVC and Liad Agmon. Conwize offers products and services including Cost Estimating Software and Bid Management. Conwize operates in a competitive market with competitors including PriceHubble, BuildingConnected, ConstructConnect, PlanHub and Navanc, among others.
- Headquarter Hadera, Israel
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Sectors
Real Estate & Construction
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Email
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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
$2.8 M (USD)
in 1 rounds
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Latest Funding Round
$2.8 M (USD), Seed
Jun 21, 2022
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Investors
PropTechVC
& 4 more
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Employee Count
Employee Count
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Products & Services of Conwize
Conwize offers a comprehensive portfolio of products and services, including Cost Estimating Software and Bid Management. 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.
Offers cloud-based software for precise construction cost estimating and management processes.
Provides platform for automating bid invitations and tender submissions in construction.
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Funding Insights of Conwize
Conwize has successfully raised a total of $2.8M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.8 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 Total Funding
- Total Rounds 1
- Last Round Seed — $2.8M
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First Round
First Round
(21 Jun 2022)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Seed - Conwize | Valuation | Ariel Maislos |
| 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 Conwize
Conwize has secured backing from 5 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include Ariel Maislos, PropTechVC and Liad Agmon. 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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Early-stage venture capital investments are made in proptech startups.
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Founded Year | Domain | Location | |
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A platform focused on real estate technology insights is provided.
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Founded Year | Domain | Location | |
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AM
Ariel Maislos |
Israeli entrepreneur, angel investor, co-founder of Anobit, active in Indian startups
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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 Conwize
| 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 |
Financial Statements - Conwize
| 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 |
Conwize Comparisons
Competitors of Conwize
Conwize 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 PriceHubble, BuildingConnected, ConstructConnect, PlanHub and Navanc, 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 |
SaaS-driven solution for analyzing and predicting the value of real estate investments
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| domain | founded_year | HQ Location |
Bid management in construction is enabled via an online platform.
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| domain | founded_year | HQ Location |
A network and bidding platform for construction professionals is operated.
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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 |
Credit scores for real-estate properties are provided.
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| domain | founded_year | HQ Location |
Personalized quotes and invoices for construction are generated online.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Conwize
Frequently Asked Questions about Conwize
When was Conwize founded?
Conwize was founded in 2017 and raised its 1st funding round 5 years after it was founded.
Where is Conwize located?
Conwize is headquartered in Hadera, Israel. It is registered at Hadera, Central District, Israel.
Is Conwize a funded company?
Conwize is a funded company, having raised a total of $2.8M across 1 funding round to date. The company's 1st funding round was a Seed of $2.8M, raised on Jun 21, 2022.
What does Conwize do?
Founded in 2017 and based in Hadera, Israel, Conwize operates in the construction technology sector. Cloud-based tools are offered to handle cost estimation and automate bidding processes. Tender and sales management are supported, alongside automation for subcontractor involvement and bid submissions. Estimation features are integrated, with BIM connectivity enabled to streamline operations during the tender phase.
Who are the top competitors of Conwize?
Conwize's top competitors include ConstructConnect, PriceHubble and BuildingConnected.
What products or services does Conwize offer?
Conwize offers Cost Estimating Software and Bid Management.
Who are Conwize's investors?
Conwize has 5 investors. Key investors include Ariel Maislos, PropTechVC, Liad Agmon, Meir Gabay, and Pi Labs.
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