Newforma

Manchester, United Kingdom Founded: 2003 • Age: 23 yrs Acquired By Ethos Capital
Project information management software is offered for the AECO industry.
Annual revenue - Latest available
Total funding $21.1M 4 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products 3 Services tracked
Competitors 11 Brand Intelligence

About Newforma

Newforma is a company based in Manchester (United Kingdom) founded in 2003 was acquired by Ethos Capital in April 2023. It operates as a SaaS (Software-as-a-Service) and Managed Services. Newforma has raised $21.15 million across 4 funding rounds from investors including North Bridge Venture Partners, Kodiak Venture Partners and Borealis Ventures. Newforma has completed 4 acquisitions, including Attolist, BIM One and EleVia Software. Newforma offers products and services including Newforma Konekt, Newforma Project Center, and Newforma ConstructEx. Newforma operates in a competitive market with competitors including Powerplay, PlanRadar, PlanGrid, Fieldwire and Hyphen Solutions, among others.

  • Headquarter Manchester, United Kingdom
  • Sectors
    Real Estate & Construction
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Newforma, Inc.
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
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $21.15 M (USD)

    in 4 rounds

  • Latest Funding Round
    $5.15 M (USD), Series D

    Dec 20, 2013

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
    Attolist

    & 3 more

  • Acquired by
    Ethos Capital

    & 1 more

    (Apr 03, 2023)

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Products & Services of Newforma

Newforma offers a comprehensive portfolio of products and services, including Newforma Konekt, Newforma Project Center, and Newforma ConstructEx.

Product name locked
Category locked
Primary

Cloud-hosted solution for managing construction project information.

Product name locked
Category locked
Locked

Server-based tool for controlling construction project data.

Product name locked
Category locked
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Cloud software for simplifying construction document management.

People of Newforma

Headcount 200-500
Employee Profiles 50
Board Members and Advisors 2
Employee Profiles
People
Brian Guidotti
Product Manager - Connectors / Product Marketing Manager
People
Eric Buterbaugh
Sr. Technical Consultant
People
Paul Piccini
EVP Product & Technology
People
Pete Cannone
Chief Executive Officer

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Board Members and Advisors
people
Erik Brooks
Board Member
people
Gregg Monastiero
Board Member

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Funding Insights of Newforma

Newforma has successfully raised a total of $21.15M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $5.15 million completed in December 2013. 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 Newforma

Newforma has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include North Bridge Venture Partners, Kodiak Venture Partners and Borealis Ventures.

All
Venture Fund
Investor Description Founded Year Domain Location
US focused seed to growth stage VC firm
Locked Locked Locked
Seed and early stage venture fund investing in North America and Canada
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Venture capital firm investing in seed & series A startups
Locked Locked Locked
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Investor details for Newforma

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  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by Newforma

Newforma has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Attolist, BIM One and EleVia Software.

Investments
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Investment portfolio details for Newforma

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Residential and commercial project management services are provided.
Locked Locked 2014 Locked
SaaS field management software is provided for construction operations.
Locked Locked 2012 Locked
Field service suite software solutions are provided for workforce management.
Locked Locked 2009 Locked
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Complete acquisition details for Newforma

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Financial Statements - Newforma

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Detailed financials for Newforma

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Newforma Comparisons

Newforma Primary company
Description
Project information management software is offered for the A...
Location
Manchester, United Kingdom
Founded Year
2003
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Newforma

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Competitors of Newforma

Newforma 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 Powerplay, PlanRadar, PlanGrid, Fieldwire and Hyphen Solutions, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
SaaS software for construction professionals' communication and collaboration is provided.
Locked Locked Locked
SaaS documentation management solutions for construction are provided.
Locked Locked Locked
Provider of collaboration on web and mobile for field construction
Locked Locked Locked
A cloud-based collaboration platform is offered for construction project teams.
Locked Locked Locked
Collaboration and scheduling software is provided for home construction.
Locked Locked Locked
Hubble is recognized as a cloud-based contract management service.
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Detailed competitors of Newforma

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  • Domains and locations
  • Full company profiles
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Latest news on Newforma

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Complete news archive for Newforma

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Frequently Asked Questions about Newforma

Newforma was founded in 2003 and raised its 1st funding round 1 year after it was founded.

Newforma is headquartered in Manchester, United Kingdom. It is registered at Manchester, Greater Manchester, United Kingdom.

Newforma is a funded company, having raised a total of $21.15M across 4 funding rounds to date.

Newforma is established as a key player in providing cloud-based and on-premise project information management solutions tailored for the architecture, engineering, and construction (AEC) industry. Services are designed to enhance communication, collaboration, and efficiency across project lifecycles. Solutions are offered to architects, engineers, general contractors, and owners, focusing on reducing risks, improving project delivery times, and protecting firms from litigation. Integration with existing tools like BIM and Procore is emphasized to streamline workflows such as RFIs and submittals. Operations span multiple global locations, ensuring accessibility and support for diverse AEC professionals.

Newforma's top competitors include XYZ Reality, PlanGrid and Powerplay.

Newforma offers Newforma Konekt, Newforma Project Center, and Newforma ConstructEx.

Newforma has made 4 acquisitions, including Attolist, BIM One, and EleVia Software.

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