comstruct ICT

comstruct ICT

Digital platform automating construction purchasing workflow

Overview

Comstruct ICT provides a digital platform that streamlines administrative tasks in construction purchasing by centralizing contracts, delivery notes, and invoices for purchasers, foremen, project managers, and finance teams. It automates the chosen processes, supports digital invoice flow, automated checks, and digital delivery notes from suppliers for project documentation, with real-time consumption analysis and app-based ordering from A-material suppliers. It manages framework and project contracts and ensures seamless data exchange with existing systems (EDI or interfaces), enabling digital orders, invoices, and delivery notes across projects of any size. The platform is subscription-based, offering flexible automation options and integration with clients’ ERP tools to reduce admin overhead and improve data accuracy.

Significant Headcount Growth

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 & Analytics

Industrial & Manufacturing

Enterprise 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 €12.5 million in April 2026 for European expansion.
  • Its August 2026 platform adds ESG reporting, strengthening buyer retention and upsell paths.
  • Pilot customers already use the March 2026 RIB integration, reducing enterprise deployment friction.

What critics are saying

  • RIB, ERP vendors, and incumbents can bundle comparable workflows and squeeze comstruct by 2027.
  • Per-document pricing exposes revenue volatility if construction volumes slow or customers consolidate suppliers.
  • If supplier onboarding stalls, comstruct loses network value and becomes another document workflow tool.

What makes comstruct ICT unique

  • Comstruct’s March 2026 RIB partnership embeds procurement workflows into ERP systems.
  • By August 2026, comstruct agents automate BoQ splitting, bid leveling, and invoice matching.
  • Comstruct claims nine of ten Swiss and seven of ten German construction giants use it.

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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

Headcount

6 month growth

↓ -1%

1 year growth

↑ 14%

2 year growth

↑ 17%
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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