Conject AG

Conject AG is a provider of advanced cloud-based solutions optimized for the construction and project management sectors, enhancing collaboration and efficiency throughout project lifecycles. Founded in 2000, Conject AG operates in Munich, Germany, specializing in cloud-based services for project management in construction. The company was acquired by Aconex in March 2016 for EUR 65 mn. The current CEOs are Cesar Flores-Rodriguez and Ralf Haendl.

Conject has engaged in a total of three deals since its inception, with the most recent deal occurring in 2016. Conject specializes in providing advanced cloud-based solutions for the construction and project management industries. Their core offerings include conjectAF for as-built documentation, conjectDR for secure data rooms, conjectMI for defects management, and conjectPM for comprehensive construction management. These products are designed to enhance operational efficiency, improve collaboration among stakeholders, and streamline project workflows.

Conject serves clients in North America and Europe, including general contractors and construction firms, aiming to optimize project delivery and enhance documentation accuracy. In the most recent financial year of 2016, Conject reported a revenue of EUR 14,595,105. 90 with an EBITDA of EUR -1,595,942. 10.

The acquisition by Aconex is expected to bolster Conject’s capabilities and market reach. The company plans to leverage this funding to enhance its product offerings and expand into new geographic regions. Specific plans for new products and release dates have yet to be detailed, but the focus remains on improving operational solutions for the construction industry.