Outbuild

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Outbuild - overview

Established

2021

Location

San Francisco, CA, US

Primary Industry

Software

About

Outbuild is a US-based company specializing in construction scheduling and planning software to improve project visibility and coordination among stakeholders in the construction sector. Founded in 2021 and headquartered in San Francisco, US, Outbuild focuses on developing software solutions for the construction industry. Franco Giaquinto, the CEO and founder, has previously built experience in tech-driven businesses. The company secured USD 11.


000 mn in Series A funding on November 12, 2024, led by Sway Ventures along with participation from BGV VC Management, Hilti Group, Trimble Ventures, and Zacua Ventures. The total amount raised by Outbuild is USD 11. 000 mn, reflecting a successful funding strategy. Outbuild specializes in construction scheduling and planning software designed to enhance project visibility and coordination between various stakeholders in the construction industry.


The company's core offering is a fully-integrated platform that combines project scheduling, field coordination, and analytics, aiming to streamline operations for Owners, General Contractors, Trade Partners, and Architects & Designers. This software facilitates real-time updates and allows for seamless integration with existing tools, such as Procore, which enhances communication and reduces delays. Outbuild's solutions are utilized by a diverse clientele, ranging from large corporations managing billion-dollar projects to smaller family-owned construction firms, with a strong presence in various international markets, including North America and Europe. The software addresses critical use cases, such as efficient resource planning, task assignment, and the management of project milestones, ultimately leading to improved project outcomes and timely delivery.


Outbuild operates on a subscription-based revenue model, where clients engage with the software through various pricing plans tailored to their specific needs and project complexities. Customers typically pay for access to the platform based on the number of users or specific features utilized, allowing for flexibility in scaling as project demands evolve. The product line includes flagship scheduling and planning tools that integrate with existing project management platforms, further solidifying client engagement. Clients, including both larger enterprises and smaller contractors, benefit from direct access to the software, which facilitates a streamlined workflow and accountability among teams.


The transaction structure emphasizes B2B relationships, where organizations leverage the software to enhance project coordination and efficiency. In November 2024, Outbuild raised USD 11. 000 mn in Series A funding, led by Sway Ventures, to support its business expansion. The company plans to use this funding to develop new products designed to further enhance its software capabilities and explore opportunities in new geographical markets.


Specific regions targeted for expansion include Europe and Asia, with plans to establish a presence by late 2025.


Current Investors

Sway Capital, Hilti Group, Trimble Ventures

Primary Industry

Software

Sub Industries

Engineering Software, HR & Workforce Software

Website

www.outbuild.com/

Verticals

Big Data, Cloud Computing, RegTech

Company Stage

Series A

Total Amount Raised

Subscriber access only

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