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.

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

51-200

Company Stage

Early VC

Total Funding

$15.1M

Headquarters

Munich, Germany

Founded

2022

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Simplify's Take

What believers are saying

  • February 2026 dashboard shows verified savings, strengthening ROI proof for buyers.
  • March 2026 RIB pilot customers confirm demand for automated invoice and delivery-note checks.
  • June 2026 careers postings signal active hiring across sales, customer success, and engineering.

What critics are saying

  • 12.5 million euro funding still funds expansion before durable pan-European category leadership.
  • RIB pilots are early, so integration delays can slow revenue conversion in 2026.
  • Construction ERP vendors like RIB and SAP can bundle procurement, squeezing comstruct's standalone value.

What makes comstruct ICT unique

  • Comstruct automates construction procurement, invoices, and delivery notes in one workflow.
  • RIB integration announced March 2026 gives comstruct ERP adjacency and distribution leverage.
  • HOCHTIEF rollout shows enterprise credibility in complex, high-volume construction operations.

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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

-8%

1 year growth

-3%

2 year growth

-6%
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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