Vitruvi Software

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Vitruvi Software - overview

Established

2016

Location

Calgary, AB, Canada

Primary Industry

Software

About

Based in Calgary, Canada, and founded in 2016 by President and CEO Bryan McIver, Vitruvi Software operates as a construction-tech company providing a software platform for customers' utility construction projects. In July 2023, Bow River Capital acquired a majority stake in Vitruvi Software, in a recapitalization transaction.   Vitruvi Software provides a mobile application platform with digital construction solutions such as production reporting, timekeeping, readlines and as-built, project financials, invoice management, material management, project schedules, document management, resource planning, and equipment utilization. The company offers support at the functional level and for roles such as corporate, engineering managers, project managers, construction managers, and field technicians.


In addition, the firm’s platform is for connecting asset owners, operators, general contractors, and subcontractors for project control and collaboration. As of 2023, the company’s client base includes Quanta, Mears, Giganet, APF, Beacon Broadband, Utopia, Mercury Broadband, and Resound.


Current Investors

Bow River Capital

Primary Industry

Software

Sub Industries

Construction, Systems Management Software, Engineering Software, Application Integration Software, Analytics & Performance Software

Website

www.vitruvisoftware.com

Verticals

Cloud Computing, Mobile Apps

Company Stage

Mature

Total Amount Raised

Subscriber access only

Vitruvi Software - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
RecapitalisationCompletedVitruvi Software-

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Vitruvi Software - employee data

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