About HammerTech
HammerTech is a company based in Melbourne (Australia) founded in 2015 by James Harris. HammerTech has raised $77.08 million across 3 funding rounds from investors including Arrowroot Capital Management and Riverwood Capital. HammerTech offers products and services including HammerTech Platform, Safety Inspections, and Subcontractor Management. HammerTech operates in a competitive market with competitors including Fieldwire, PlanGrid, Powerplay, Aconex and Finalcad, among others.
- Headquarter Melbourne, Australia
- Founders James Harris
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Sectors
Real Estate & ConstructionTechnology
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$77.08 M (USD)
in 3 rounds
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Latest Funding Round
$70 M (USD), Series B
Jul 15, 2024
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Investors
Arrowroot Capital Management
& 1 more
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Employee Count
Not available
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Products & Services of HammerTech
HammerTech offers a comprehensive portfolio of products and services, including HammerTech Platform, Safety Inspections, and Subcontractor Management.
Platform for managing construction safety and compliance processes.
Tools for conducting and tracking site safety inspections.
System for handling subcontractor onboarding and compliance.
Funding Insights of HammerTech
HammerTech has successfully raised a total of $77.08M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $70 million completed in July 2024. 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 HammerTech
HammerTech has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Arrowroot Capital Management and Riverwood Capital.
| Investor | Description | Founded Year | Domain | Location |
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Buyout focused private equity firm for software companies
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Carveout investments are managed by Riverwood Capital in private equity.
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Investor details for HammerTech
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Investments & Acquisitions by HammerTech
Investment portfolio details for HammerTech
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Verified entity values are shown only after access is granted.
Financial Statements - HammerTech
Detailed financials for HammerTech
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- Profit trends
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Hammertech Comparisons
Peer comparison for HammerTech
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
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- Headcount comparison
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- Operating benchmarks
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Competitors of HammerTech
HammerTech 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 Fieldwire, PlanGrid, Powerplay, Aconex and Finalcad, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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A cloud-based collaboration platform is offered for construction project teams.
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Provider of collaboration on web and mobile for field construction
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SaaS software for construction professionals' communication and collaboration is provided.
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Cloud-based project management software is delivered for construction projects.
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Mobile-first quality management and field management solution for construction projects
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Collaboration and scheduling software is provided for home construction.
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Detailed competitors of HammerTech
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Hammertech
Complete news archive for HammerTech
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Frequently Asked Questions about HammerTech
HammerTech was founded in 2015 and raised its 1st funding round 2 years after it was founded.
HammerTech is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.
Ben Leach is the current CEO of HammerTech.
HammerTech is a funded company, having raised a total of $77.08M across 3 funding rounds to date.
HammerTech was founded in 2015 in Melbourne, Australia. A SaaS-based platform is operated to support collaboration within the construction sector. Tools are offered for managing construction safety, site operations, project risk control, and contractor oversight. The focus remains on streamlining workflows for industry professionals across various project scales.
HammerTech's top competitors include XYZ Reality, PlanGrid and Powerplay.
HammerTech offers HammerTech Platform, Safety Inspections, and Subcontractor Management.
HammerTech has 2 investors. Key investors include Arrowroot Capital Management, and Riverwood Capital.