Sablono, a digital lean technology construction startup, has raised €5.3M Series A to accelerate international growth and execute on their first-to-market advantage to establish Sablono as the next-generation platform in AEC.
The round was led by Bachmaier Invest GmbH, the investment company of industry veteran Thomas Bachmaier, who is the founder and shareholder of Thinkproject, a global leader in construction intelligence. Sablono’s seed investor Nemetschek SE co-invests alongside Bachmaier. Thomas Bachmaier and Matt Wheelis, VP Industry Strategy Build & Construct Division, Nemetschek SE, join Sablono’s Advisory Board.
“Having an experienced construction platform entrepreneur join Sablono’s journey is more than we set out for when we decided to raise our Series A,” describes Lukas Olbrich, CEO of Sablono.
“Sablono’s vision of bringing production and supply chain management to the Construction Industry resonated with me from the beginning. What impressed me most was the strong devotion to the cause and the constant strive towards simplicity,” adds Thomas Bachmaier.
“Our investment in this young and innovative high-growth company fits perfectly with our strategic goal of shaping the future AEC market and driving innovation. With this step we will enrich our vast experience in this industry with new ideas and approaches, leading to an even higher customer value,” says Dr. Axel Kaufmann, CFOO and Spokesman of the Executive Board of the Nemetschek Group.
“I am extremely excited to join Sablono’s Advisory Board and provide the company with my construction industry expertise and international network. We will support Sablono to enter the next phase of growth and execute on its vision of becoming a leading platform for real-time project controls across time, quality, and costs,” adds Contech expert Matt Wheelis.
Founded in 2013 in Berlin, Germany, Sablono has developed a leading position in the digitalization of Construction Processes. Sablono’s Construction Execution System was created alongside major construction projects and clients and has constantly been developed into the first platform for integrated supply chain and digital task management. Starting out with projects in Germany, Sablono built the foundation to soon deliver international projects on the Sablono platform such as 150 Bishopsgate London, Dubai Uptown Tower, or One Sydney Harbour and can count companies like Lendlease, BESIX, Bouygues, and Dressler Bau, amongst others, to their client list. By now, Sablono helps projects with an aggregate value of more than 15 billion EUR to drive up efficiencies on-site and foster digital collaboration. Having initially raised a seed financing round in 2014, Sablono took a steady path to profitability before raising its Series A.
The Nemetschek Group is a pioneer for digital transformation in the AEC industry. As one of the leading corporate groups worldwide, the Nemetschek Group increases quality in the building process and improves the digital workflow of all those involved in the building process. Founded by Prof. Georg Nemetschek in 1963, the Nemetschek Group today employs more than 3,000 experts. Publicly listed since 1999 and quoted on the MDAX and TecDAX, the company achieved revenue amounting to EUR 596.9 million and an EBITDA of EUR 172.3 million in 2020.
Source: Berlin, 27 May 2021 – Sablono