Last updated: 11 November 2024
The AEC-Tech Internet Index: What It Does
We use data to shine light on AEC-Technology-related trends we focus on. Here, our data is objective internet traffic for hundreds of startups and scale-ups in architecture, engineering and construction (AEC) technology. Internet traffic gives us non-arbitrary, transparent and robust data points we can use to estimate various trends in AEC-Technology and Construction-Tech, eg. how widespread demand, mindshare and even brand is for venture categories and specific companies in AEC-Tech.
We hope the community takes the ideas, builds on them, makes them better. We ignore arbitrary 'best-of' lists and 'market maps' propagated by venture pundits.
Table of Contents
Methodology
Scope: Foundamental's AEC-Tech Internet Index includes AEC-Tech startups and scale-ups across the globe from North America, Asia (exc. China), Oceania, Europe, Africa and Latin America. founded in 2010 or after, who raised at least a publicly-known total of $25 Million in equity funding. and who did not exit or deadpool before 2019. The Index excludes ventures that are predominantly prop-tech, building operations or logistics-only, or those that have a massive share of their online traffic/visits through an app (instead of website). If the venture is direct-to-consumer (D2C) in AEC, it must show service-components to be considered in scope - eg. Houzz is not in scope for this reason.
Sources: The primary data source for the AEC-Tech Internet Index is un-altered Semrush data. The data is updated monthly around the 10th day of each month. Semrush is widely regarded as accurate and reliable in web traffic analysis. While no web traffic analysis is perfectly correct - not even your own instance of Google Analytics - Semrush provides one of the most accurate estimates across the web. The latest version of Foundamental's AEC-Tech Internet Index is always available on foundamental.com/InternetIndex, and is also published monthly on Patric Hellermann's Linkedin at linkedin.com/in/aecvc/.
List: AEC-Tech Ventures Contained in this Edition
011h.com, adaptive.build, aeroaggna.com, alicetechnologies.com, ambar.tech, andpad.jp, arisinfra.com, assemblyosm.com, assignar.com, billd.com, biomason.com, blockrenovation.com, blokable.com, boringcompany.com, bosscathome.com, boxabl.com, brimstone.com, briq.com, buildcover.com, buildots.com, buildxact.com, builtrobotics.com, capmo.com, carboncure.com, cleanfiber.com, clearstory.build, companycam.com, convex.com, cosuno.com, cove.tools, curbio.com, diamondage3d.com, disperse.io, doxel.ai, dozr.com, dustyrobotics.com, dvele.com, earthgrid.io, ecoworks.tech, enter.de, equipmentshare.com, ergeon.com, factoryos.com, fieldwire.com, finalcad.com, forgeco.com, forteraglobal.com, fyld.ai, getbuilt.com, gobridgit.com, hammertech.com, hero-software.de, higharc.com, homebound.com, hover.to, iconbuild.com, infra.market, inspectpoint.com, jobnimbus.com, join.build, katerra.com, klarx.de, livspace.com, locusview.com, maderenovation.com, manomano.com, materialbank.com, materrup.com, metalbook.co.in, mightybuildings.com, moglix.com, monumental.co, mosaic.us, neustark.com, nexii.com, ofbusiness.com, onsiteiq.io, openspace.ai, permitflow.com, petra.cc, planradar.com, plantprefab.com, powerus.de, pro.com, reconstructinc.com, reibus.com, remihq.com, renorun.com, rhumbix.com, rombit.com, roofr.com, safeai.ai, samara.com, schuettflix.com, screeningeagle.com, sealed.com, sensat.co, siteaware.com, sitetracker.com, snaptrude.com, solidiatech.com, spacemakerai.com, stackct.com, sublime-systems.com, tenderd.com, terraco2.com, trunktools.com, urbint.com, usekojo.com, veev.com, versatile.ai, volue.com, welcomehomes.com, xyzreality.com, zetwerk.com
AEC-Tech Categories Explained
Digital General Contractors and Standardized Building Development: This AEC-Tech category contains ventures that focus on digital platforms to streamline the construction process and standardize building methods for enhanced efficiency and repeatability.
Financial Services and Embedded Finance: This AEC-Tech category contains ventures that offer financial solutions, such as project financing, material financing, invoice financing, payment processing, and insurance, specifically tailored for the AEC industry and sometimes integrated into existing workflows.
Marketplaces: This AEC-Tech category contains ventures that create tech-enabled platforms connecting buyers and suppliers of construction materials, equipment, labor and services to facilitate and fulfill easier procurement and bidding processes.
Outcome-as-a-Service (OaaS): This AEC-Tech category contains ventures that provide performance-based services where clients pay for specific outcomes, such as energy efficiency or building design services, rather than SaaS-only.
Resource-Efficient Materials and Processes: This AEC-Tech category contains ventures that develop innovative materials and processes designed to reduce CO2, GHG, waste, and overall enhance sustainability in construction and its supply chains.
Robotics and (Autonomous) Hardware: This AEC-Tech category contains ventures that focus on developing robots, autonomous machinery, telematics and other hardware to automate and optimize various construction tasks.
SaaS - Enterprise and Mid-Market - As-Built & Inspection: This AEC-Tech category contains ventures that provide software solutions for capturing as-built conditions and managing inspections throughout the construction lifecycle.
SaaS - Enterprise and Mid-Market - Design & Planning: This AEC-Tech category contains ventures that develop software platforms to assist in the design and planning phases of construction projects, including CAD, BIM, 3D, 2D and scheduling tools.
SaaS - Enterprise and Mid-Market - Procurement & Estimation: This AEC-Tech category contains ventures that offer software to streamline the procurement process and improve cost estimation accuracy for large and mid-sized construction firms.
SaaS - Enterprise and Mid-Market - Workflows & Resources: This AEC-Tech category contains ventures that provide software solutions aimed at enhancing project management, resource allocation, and workflow management across the construction industry.
SaaS - Small Businesses and Freelancers: This AEC-Tech category contains ventures that develop software tools specifically tailored to the needs of small construction businesses and independent contractors, with a focus on modularity, ease of use and often a deep verticalization.
About Foundamental
We here at Foundamental are the largest global venture investor for AEC-Technology. We currently manage $250M+ in venture capital and we invest in AEC-Technology, including Construction-Tech, since 2019, currently from our third fund. We invest globally across US, APAC, EU.
As on early backer of AEC category creating ventures such as eg. InfraMarket, Snaptrude, Rayon, Monumental, Enter, Mighty Buildings, SafeAI, Welcome, Permitflow, 011h or Graneet, we have seen our share of trends, categories and data across the AEC startup and technology landscape. We use our global investor perspective to shine light on technology-related trends in the AEC-Tech Internet Index.