France
WIZZCAD is a pioneering open BIM-based collaborative platform for digital transformation in construction projects. Recognizing the significant potential of the Engineering & Construction sector, which represents a $10 trillion industry and is projected to grow to $18 trillion by 2030, WIZZCAD aims to address the longstanding productivity challenges in the construction industry, attributed to its lag in digital technology adoption. The company's focus on innovation aligns with the global demand for improved infrastructure, sustainability, and quality control.
Since its establishment in 2013, WIZZCAD has been at the forefront of integrating these structural trends by developing advanced software to digitalize operations processes throughout the entire lifecycle of buildings, civil works, and industrial infrastructures. The BIM-native and data-driven solution empowers secure and efficient cooperation among owners, contractors, and construction managers. Notably, the company's track record includes delivering over 10,000 projects to major players in the French Construction, Engineering, and Real Estate industry, such as Vinci Group, Bouygues Group, Eiffage, and Engie.
The recent €5.00M Series A investment received on 21 June 2019 from Join Capital underscores investor confidence in WIZZCAD's innovative approach and potential for addressing industry challenges. The company's headquarters in France positions it within a key market for the construction and real estate industries, providing strategic advantages for further growth and expansion.
Overall, WIZZCAD embodies a compelling vision for revolutionizing the construction industry through digital innovation, backed by notable achievements and a strategic investment partnership. Its commitment to leveraging advanced analytics and technologies signifies a promising trajectory for the company's continued impact on the global construction landscape.
