About RIB Software
RIB Software is a company based in Stuttgart (Germany) founded in 1961 was acquired by Schneider Electric in February 2020.. RIB Software has completed 9 acquisitions, including BSD SpecLink, Bochao Times Software and Construction Computer Software. RIB Software offers products and services including RIB CostX, RIB Candy, RIB BI+, and RIB BuildSmart. RIB Software operates in a competitive market with competitors including Trimble, Glodon, Mellonaid, 4DBIM and TAEWOOL Entertainment, among others.
- Headquarter Stuttgart, Germany
- Stage Public
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Sectors
Real Estate & Construction
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Rib Software Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
SAP
& 2 more
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Employee Count
Employee Count
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Investments & Acquisitions
BSD SpecLink
& 8 more
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Acquired by
Schneider Electric
(Feb 13, 2020)
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Products & Services of RIB Software
RIB Software offers a comprehensive portfolio of products and services, including RIB CostX, RIB Candy, RIB BI+, and RIB BuildSmart. 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.
Software for 2D and BIM takeoff and estimating tasks.
Tools for planning and controlling construction projects.
Platform for data analytics in construction operations.
Software for enterprise accounting and cost tracking.
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Sales and Marketing
57 people
Leadership Team
31 people
Software Development Team
30 people
Product Management Team
21 people
Senior Team
9 people
Creative and Marketing Team
9 people
Human Resources and Administration
8 people
Finance and Accounting
6 people
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Funding Insights of RIB Software
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2010 | Amount | Unspecified - RIB Software | Valuation |
investors |
| 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 RIB Software
RIB Software has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include SAP, Schneider Electric and Hasso Plattner 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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Tech focused seed and growth stage VC firm investing in the Germany and the US
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Founded Year | Domain | Location | |
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Cloud and AI-based ERP software is offered for enterprises.
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Founded Year | Domain | Location | |
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Energy management and automation solutions are provided globally.
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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 RIB Software
RIB Software has strategically engaged in corporate development activities, having acquired 9 companies. Notable acquisitions include BSD SpecLink, Bochao Times Software and Construction Computer Software. 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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BI analysis and visualization solutions are offered for enterprises.
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2012 | ||||
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Bathroom and kitchen products are retailed online across Europe.
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1999 | ||||
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AEC technology solutions and consulting services are provided.
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1999 |
| 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 - RIB Software
| 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 |
Rib Software Comparisons
Competitors of RIB Software
RIB Software 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 Trimble, Glodon, Mellonaid, 4DBIM and TAEWOOL Entertainment, 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 |
Cloud-based positioning solutions are offered for industrial sectors.
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| domain | founded_year | HQ Location |
Cost estimation solutions are offered for the construction sector.
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| domain | founded_year | HQ Location |
Agency offering design, branding, content creation, storytelling, and digital marketing services
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| domain | founded_year | HQ Location |
Cloud-based building information modeling software for construction professionals
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| domain | founded_year | HQ Location |
South Korean game development company
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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 Rib Software
Frequently Asked Questions about RIB Software
When was RIB Software founded?
RIB Software was founded in 1961 and raised its 1st funding round 49 years after it was founded.
Where is RIB Software located?
RIB Software is headquartered in Stuttgart, Germany. It is registered at Stuttgart, Baden-wurttemberg, Germany.
What does RIB Software do?
RIB Software was founded in 1961 in Stuttgart, Germany, where operations are centered. Software solutions in the 5D BIM domain are developed and supplied by the company to facilitate construction project management. Services encompass tools for cost estimation, scheduling, and resource allocation within the construction sector. The domain rib-software.com is utilized for global outreach, with a focus on European markets.
Who are the top competitors of RIB Software?
What products or services does RIB Software offer?
RIB Software offers RIB CostX, RIB Candy, RIB BI+, and RIB BuildSmart.
How many acquisitions has RIB Software made?
RIB Software has made 9 acquisitions, including BSD SpecLink, Bochao Times Software, and Construction Computer Software.
Who are RIB Software's investors?
RIB Software has 3 investors. Key investors include SAP, Schneider Electric, and Hasso Plattner Ventures.
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