HowBuild is a Korean startup that focuses on revolutionizing the construction industry through IT innovation. Established in 2007, the company's mission is to address the challenges faced by building owners during the construction process by leveraging IT solutions.
The construction industry in the private sector has been plagued by information asymmetry and market inefficiencies. HowBuild aims to alleviate these issues by providing an all-in-one management system for everything from legal review, planning, estimation, construction company bidding, construction management, safety management, to maintenance, all accessible online through their platform.
With a database of over 15,000 construction projects accumulated over 18 years, HowBuild has managed to surpass KRW7.00 billion in cumulative contract amounts, demonstrating substantial growth potential. The company has successfully attracted investments, including a KRW30 billion Series A funding in 2019, followed by a Series B investment amounting to KRW130 billion. Additionally, they secured a Series B bridge funding of around KRW45 billion in early 2022 and KRW15 billion in the first half of 2023, with a total investment of KRW220 billion.
HowBuild is characterized by its inclusive and communicative work culture, where diversity of thought is embraced, and members are encouraged to work with an open mindset. The company aims to minimize unnecessary procedures and formalities, allowing the team to focus on the essence of their work.
As the company continues to thrive in an increasingly transparent construction market, it welcomes individuals who are passionate about contributing to this new era. HowBuild is supported by investors such as SBVA, Hana Ventures, and Kiwoom Investment. With its proven growth prospects and value, HowBuild presents an exciting opportunity for potential investors and team members to join them in shaping the future of construction.