C

comstruct ICT

Digital platform automating construction purchasing workflow

Overview

Comstruct ICT provides a digital platform that streamlines construction purchasing by centralizing contracts, delivery notes, and invoices for project teams. It lets clients automate chosen processes, supports digital invoice flow and automated checks, captures digital delivery notes, and enables in-app orders from multiple suppliers while integrating with existing ERP/EDI systems. Unlike others, it offers a single cross-functional platform that handles the full purchasing workflow—from orders to invoices to delivery notes—across many projects and supplier networks with configurable automation. Its goal is to reduce admin overhead, improve data accuracy, and provide real-time oversight and control over construction procurement.

Significant Headcount Growth

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About comstruct ICT

Simplify's Rating
Why comstruct ICT is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & AnalyticsIndustrial & ManufacturingEnterprise Software

Company Size

11-50

Company Stage

Early VC

Total Funding

$15.1M

Headquarters

Munich, Germany

Founded

2022

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Simplify's take

What believers are saying

  • Comstruct raised €12.5M in 2026 and is hiring for expansion execution.
  • The October 2026 site shows active European usage and measurable savings dashboards.
  • AI procurement automation directly attacks manual quoting bottlenecks in a huge, fragmented market.

What critics are saying

  • 20VC-and-Google-backed claims are unverified elsewhere, risking credibility if overstated.
  • Construction ERP incumbents can copy invoice matching and supplier workflows inside existing suites.
  • If procurement agents miss a large project reconciliation error, customers will rip out the platform.

What makes comstruct ICT unique

  • Comstruct unifies BoQ, supplier quotes, delivery tickets, and invoices in one workflow.
  • Its October 2026 platform automates bid leveling, renegotiation, and 3-way invoice matching.
  • HOCHTIEF, Implenia Schweiz, and ERNE validate enterprise adoption across Europe.

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Funding

Total Funding

$15.1M

Above

Industry Average

Funded Over

2 Rounds

Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison Coming Soon

Benefits

  • Stock Options
  • Professional Development Budget
  • Relocation Assistance
  • Hybrid Work Options
  • Company Social Events

Growth & Insights and Company News

6 month growth

0%

1 year growth

17%

2 year growth

20%
RealtyNXT
Aug 5th, 2025
Comstruct Raises €12.5M for European Expansion

Germany-based Comstruct has raised €12.5M to expand its AI-driven construction material procurement platform across Europe. Founded in 2020, the company plans to use the funds for rapid expansion in European markets, enhancing procurement automation technology, and developing seamless solutions for construction companies. Comstruct aims to transform traditional procurement through automation, making workflows faster and more efficient, ultimately saving time and costs for companies.

TechCrunch
Feb 6th, 2025
Comstruct raises $13.5M for construction platform

Comstruct, a Munich-based startup, has raised $13.5 million to digitize the construction industry's procurement process. The platform integrates 800 material suppliers using machine learning, offering modules for ordering, digital delivery receipts, invoice reconciliation, and ESG reporting. Comstruct operates on a usage-based pricing model and is expanding across Europe, with notable projects like the Gotthard Tunnel in Switzerland utilizing its services.

Tech.eu
Mar 23rd, 2023
Comstruct Scores €1.2 Million In Pre-Seed Deal Which Includes German Soccer Star Mario Götze

Munich-based start-up comstruct has received €1.2 million pre-seed investment. The start-up wants to take the step into the German market with its platform for purchasing construction materials.Investing in the round are Rivus Capital and Another.vc. Angel investors include German soccer star Mario Götze, foodspring founder Tobias Schuele, Schüttflix founder Christian Hülsewig and Procuros founder Patrick Thelen.Founded in 2022, comstruct is developing a platform where construction companies can digitise and automate material purchasing. All delivery bills, invoices and purchase orders can be exchanged digitally with suppliers, also processes like invoice verification. All purchasing process data is made available for documentation, evaluation and process optimisation."B2B transactions are already digitised in many verticals through EDI platforms," says Patrick Thelen, founder and CEO of Procuros. "comstructs' ability to digitise transactions in an industry with a lack of IT infrastructure excited me right away."The comstruct platform is currently in use at the large scale construction project, the Gotthard Tunnel in Switzerland."For us, a source-to-pay platform for purchasing is one of the most important steps towards implementing construction projects more cheaply, quickly and sustainably," says Henric Meinhardt, co-founder of comstruct

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