.gif)
Construction tech startup ShapeDo secures investment from VC firm Goldacre
by Startacus Admin
Investment announced for ShapeDo, the tech startup which is innovating in the construction sector
As regular readers may know, we recently did a feature on Goldacre’s RELab programme and its current call out for tech startups that could shape the future smart built environment.And it is quite timely since, ShapeDo, one of the RELab cohort from 2018/2019 has just secured a Late Seed investment from Goldacre in its innovative construction project management software.
ShapeDo provides a SaaS platform for design change management in construction projects. By using proprietary image recognition technology, it allows teams to review changes in real-time and leverages control and communication tools to eliminate unmanaged change whilst also increasing profits and avoiding disputes.
The ShapeDo software offers a range of benefits to users, including improved process, governance and accountability, a marked increase in Design and QS staff efficiency as well as improved quality control and assurance.
Speaking on the investment, Ari Isaacs, one of the ShapeDo founders, said:
‘Change management is one of the major unsolved issues in construction and civil engineering. We are delighted to have Goldacre, who bring deep knowledge of the local property, construction and technology markets, as partners in addressing it. We couldn’t imagine a better partner to help us navigate the UK construction market.’
A sentiment echoed by Goldacre’s managing director and co-founder & head of RElab, Fionnuala Hogan:
‘Construction is in the early stages of the digitalisation cycle and, as investors in the space, we are attracted by the efficiency potential that companies such as ShapeDo are bringing to the sector. We were very impressed with the ShapeDo team during RElab, where they proved their value proposition with one of our industry partners. We are looking forward to supporting them scale their business.’
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
6 month membership to the Clockwise Belfast Club Lounge up for grabs for 1 NI startup - a fab prize worth up to £1,200!
Cork-based digital health startup Gabadoo announced as finalist in the 2021 Technology Ireland Awards
The lowdown on Diversely, the London-based HR-tech startup that helps to reduce unconscious bias thanks to its AI recruiting tools
Never forget someone's birthday again thanks to Prsnt, the gifting app that enables users to source and send instant presents via text!
West Cork-based startup Riley launches crowdfunding campaign to support growth of its eco-friendly period product service and hits six figures in less than 24 hours
.jpeg)
Business in the hospitality sector? Erik Wolf, founder of the World Food Travel Association shares some great advice and tips on adapting to the new normal...
.jpeg)
Raising capital for your business? Oliver Woolley, CEO and co-founder of Envestors shares insights on the real costs of doing just that...
Flexible childcare provider Bubble offering parents and carers in Greater London startups the opportunity to avail of £1000 of free childcare credits.
Small business and still a little unsure about importing and exporting to the EU? Glen Foster, small business director, Xero shares some guidance...
Innovative digital talent sourcing and on-boarding platform Gigged.AI secures investment to support further product development and team expansion
Published on: 13th November 2019
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- Deeptech software startup fund launched by Lunar Ventures 15th Oct 2021 A €40M first fund has just been launched by Lunar Ventures to support the next wave of European DeepTech Software startups
- London-founded fintech 9fin Raises £8M Series A 13th Oct 2021 Innovative Debt Capital Markets Intelligence Platform, 9fin secures major funding to support its expansion into the US market
- Future of Work and Workplace Solutions sought for all-island Irish Startup Pitch Comp 8th Oct 2021 Showcase your innovative workplace solution at the Work: In Progress startup pitch competition taking place during the Work: In Progress event on 10th November.
- French startup Cala Announces €5.5M Seed Round 6th Oct 2021 Cala's mission to innovate the catering sector continues as it secures funding boost to support expansion of its fully autonomous restaurant chain
