{"id":107872,"date":"2025-02-12T12:30:00","date_gmt":"2025-02-12T11:30:00","guid":{"rendered":"https:\/\/cms.munich-startup.net\/?p=107872"},"modified":"2025-02-12T11:59:00","modified_gmt":"2025-02-12T10:59:00","slug":"comstruct-financing","status":"publish","type":"post","link":"https:\/\/cms.munich-startup.net\/en\/107872\/comstruct-financing\/","title":{"rendered":"Comstruct raises 12.5 million euros"},"content":{"rendered":"<div class=\"entry-content\">\n<p>Comstruct, based in <a href=\"https:\/\/mtz.de\/\" target=\"_blank\" rel=\"noreferrer noopener\">M\u00fcnchner Technologiezentrum (MTZ)<\/a> has developed a platform for material purchasing in the construction industry. This platform digitizes construction material data such as delivery notes and invoices and automates processes such as ordering, invoice reconciliation, construction site management, and ESG reporting for the construction industry. This solution is designed to enable construction companies to digitize and automate their procurement processes. Furthermore, the automation of these processes is intended to reduce errors and save time and costs. <strong>Henric Meinhardt<\/strong>, CEO and Managing Director of Comstruct, explains:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&quot;Contractors are drowning in administrative processes: mountains of delivery notes and rooms full of employees answering and documenting calls... I saw this firsthand when I worked for one of the world&#039;s largest concrete suppliers. At Comstruct, we want to enable them to simply get back to building. Given recent developments in artificial intelligence, now is the perfect time.&quot;<\/p>\n<\/blockquote>\n\n\n\n<p>These experiences also seem to have convinced the investors in the current funding round. <strong>Luna Schmid<\/strong>, Partner at GV, says:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&quot;The founding team of Comstruct impressed us with their deep understanding of the construction industry, with their complementary strengths in go-to-market, product, and technology. They identified critical pain points for a vast market and offer a seamless solution to move the construction industry from manual processes to modern workflows. We are excited to support this exceptional team in building a company that sets standards.&quot; <\/p>\n<\/blockquote>\n\n\n\n<p>The Comstruct platform is already being used in large construction projects, such as the invoice reconciliation for the Gotthard Base Tunnel in Switzerland. With the fresh capital, the <a href=\"\/en\/day\/startup\/\">young companies<\/a> among other things, expand its 25-person team. <\/p>\n\n\n\n<p><\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Comstruct successfully closes its \u20ac12.5 million financing round. The round is led by GV and 20VC, with existing investors also participating. The fresh capital will support the Munich-based startup&#039;s mission to further digitize the construction industry.<\/p>","protected":false},"author":24,"featured_media":107889,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5638,1,4483],"tags":[3352,5272,161],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Comstruct sammelt 12,5 Millionen Euro ein - Munich Startup<\/title>\n<meta name=\"description\" content=\"Das M\u00fcnchner Startup Comstruct kann seine Finanzierungsrunde \u00fcber 12,5 Millionen Euro erfolgreich abschlie\u00dfen.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cms.munich-startup.net\/en\/107872\/comstruct-financing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Comstruct sammelt 12,5 Millionen Euro ein - 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