The Nemetschek Group has participated in a series A financing round for fast-growing contech startup Sablono. Nemetschek has been involved in the company since its foundation.
What is Sablono?
Sablono touts itself as the world’s first “construction execution platform.” Fundamentally the software solution is in the same space as US-based Procore which that company has touted as a “construction OS” as in construction operating system.
The software company is a market leader in digital lean technology for the construction enterprise. It has raised EUR 5.3 million to accelerate international growth and execute its first-to-market advantage to establish Sablono as a mission-critical next-generation platform for AEC. Currently, the company’s software technology is being used to manage massive projects in Dubai, Abu Dhabi, London, and Berlin among other locations in the world.
Sablono has received ERU 5.3 million in series A funding round which the Nemetschek Group has been a part of. The Nemetschek Group has also been a seed investor in Sablono.
Sablono is web-based technology and is focused on processes in the construction project management and project controls domain with the ability to scale beyond 100,000 activities in a single project. The software system is built for managing vast construction projects and features Time, Quality, and Cost aspects of the construction process and their integrated impacts on each other.
Sablono’s technology is aimed squarely at transforming offices and site construction trailers into “digital production control rooms.” The software uses innovative custom coloring schema to help professionals gain at a glance understanding of projects. With dedicated mobile apps, users can focus on “activities” and assigned task management wherever they are and work with QA checklists in the field.
Finance and Strategy
In addition to Nemetschek, Sablono gained industry expert Thomas Backmaier as a lead investor in this Series A round. Matt Wheelis, VP Industry Strategy Build & Construct Vision at the Nemetschek Group, and Thomas Backmaier will join Sablono’s Advisory Board.
“Our investment in this young and innovative high-growth company fits perfectly with our strategic goal of shaping the future AEC market and driving innovation. With this step we will enrich our vast experience in this industry with new ideas and approaches, leading to an even higher customer value,” says Dr. Axel Kaufmann, CFOO and Spokesman of the Executive Board of the Nemetschek Group.
“I am extremely excited to join Sablono’s Advisory Board and provide the company with my construction industry expertise and international network,” says Matt Wheelis, VP Industry Strategy Build & Construct Division. “We will support Sablono to enter the next phase of growth and execute on its vision of becoming a leading platform for real-time project controls across time, quality, and costs.”
“Having Nemetschek continue to back the business and add experienced leadership to Sablono’s board creates a powerful combination of entrepreneurial and international spirit. We really look forward to the next phase of Sablono and reaching the next level with this team,” adds Lukas Olbrich, CEO of Sablono.
To learn more about Sablono visit here. To learn more about The Nemetschek Group, visit them online here.