Fonn AS
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Fonn AS - overview
Established
2016
Location
-, Hordaland, Norway
Primary Industry
Software
About
Fonn AS is a Norway-based company specializing in project management solutions tailored for the construction industry, enhancing collaboration and efficiency across various stakeholders in construction projects. Fonn AS develops a project management platform that facilitates workflow in the construction sector. The company was founded in 2016 in Norway. The founders include Jan Grindheim, who has a history of entrepreneurship.
Fonn has completed five funding deals, with the latest funding round occurring on May 5, 2025, amounting to NOK 20. 000 mn, supported by investors such as Idekapital, Investinor, and Skagerak Capital. The total amount raised by the company stands at NOK 20. 000 mn.
Fonn provides a comprehensive project management tool designed specifically for the construction industry. The platform enables seamless collaboration, centralized communication, and effective documentation, catering to various user needs across construction projects. Key functionalities include drawing and revision management, activity and planning tracking, and FDV digital solutions, all aimed at improving project efficiency and reducing stress for teams of any size. Fonn's user-friendly application has been adopted by over 50,000 professionals in the construction sector, including builders, contractors, architects, and real estate developers.
The company's products primarily serve markets across Europe, focusing on tailored solutions that enhance project management processes for a diverse clientele. In the most recent year of 2022, Fonn reported a revenue of NOK 767,111. 5 and an EBITDA of NOK -1,616,812. 5.
The company generates revenue primarily through subscription-based services offered to its clients in the construction sector, operating on a B2B model that includes various service tiers to meet diverse project needs. Fonn is strategically positioned for growth with plans to enhance its global ERP footprint through an acquisition by The Access Group, effective May 2025. This acquisition aims to bolster Fonn's construction project management capabilities and streamline operations, delivering mobile-first solutions to over 50,000 users worldwide.
Current Investors
The Access Group, Investinor, Skagerak Capital
Primary Industry
Software
Sub Industries
Analytics & Performance Software
Website
www.fonn.io
Verticals
Mobile Apps
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Fonn AS - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Fonn AS | - |
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