Zurich-based construction tech startup Scalera, which streamlines construction tenders with AI, has raised $6.5 million in seed funding. Firstminute Capital and Speedinvest led the round.
- Founded in 2023 by Federico Gossi, Sven Affeltranger, and Leonardo Reinhard, Scalera is an AI-powered platform that streamlines the tendering process for medium to large construction companies.
- The software automates key tasks such as material package extraction, supplier coordination, document distribution, and risk analysis, reducing manual work and identifying risks early.
- By using machine learning and natural language processing, Scalera helps companies save time and cut costs on every tender.
"We’re building Scalera to revolutionize the construction world with our empowered AI tendering flow, enabling a more efficient builder and supplier collaboration through precision, speed, and efficiency," Scalera's team, commented on LinkedIn.
- The platform also ensures compliance with country-specific standards across the DACH region, supporting taxonomies like NPK, BKP, VOB, and ÖNorm for efficient cross-border collaboration.
Details of the deal
- The seed round was led by Firstminute Capital, a UK-based seed fund that manages $400 million in assets, and Speedinvest, a Vienna-based venture capital firm that manages over €1 billion in assets. A group of business angels also participated in the round.
"Scalera's platform has already delivered game-changing results for numerous clients, and we are excited to back Leo, Sven, and Federico in their next phase of development, as they lead the construction industry's adoption of AI," claims Andreas Schwarzenbrunner, Speedinvest's General Partner.
- Scalera will use the fresh capital to expand its presence in Germany and Austria, enhance its AI capabilities, and further develop its platform.
