Full-Time
Digital platform automating construction purchasing workflow
No salary listed
Munich, Germany
In Person
Five days per week at the Munich office, with occasional customer travel.
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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.
Company Size
51-200
Company Stage
Early VC
Total Funding
$15.1M
Headquarters
Munich, Germany
Founded
2022
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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.
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.
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