Building Radar
Financials
Estimates*
USD | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | - | - | 3.6m | 6.9m | 6.9m | 6.9m | 4.7m |
% growth | - | - | - | 91 % | - | - | (32 %) |
Profit | (<1m) | (1.1m) | (1.9m) | (2.7m) | (1.9m) | (1.4m) | - |
% profit margin | - | - | (51 %) | (39 %) | (28 %) | (20 %) | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Seed | ||
N/A | Seed | ||
N/A | Early VC | ||
* | €5.0m | Series A | |
N/A | N/A | Late VC | |
Total Funding | €5.0m |
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EditBuilding Radar is a cutting-edge technology company that leverages artificial intelligence to identify early-stage construction projects globally. The company serves construction product solution providers, helping them to streamline their sales processes and achieve measurable sales success. Operating in the construction industry, Building Radar addresses the challenges of increased competition, shrinking margins, and shifting decision-making authority. The business model revolves around providing a subscription-based service that integrates seamlessly with clients' CRM systems, offering early-stage project leads and process insights. This enables clients to maximize the impact of their sales teams through data-driven development and automation. Building Radar generates revenue by offering scalable solutions that facilitate early qualification of leads, ensuring that only relevant opportunities are pursued. The company’s platform is designed to work at scale, keeping bad deals out of the CRM and opening up new markets for its clients.
Keywords: AI-powered, construction projects, early identification, sales success, scalable revenue, CRM integration, data-driven, automation, lead qualification, global reach.