What is ConWize?
ConWize is a technology firm dedicated to revolutionizing the construction industry's tendering, bidding, and cost estimation processes. Its Software-as-a-Service (SaaS) platform empowers contractors to achieve greater accuracy in project estimations, increase their capacity to respond to tenders, and ultimately enhance their project acquisition rates. Beyond core estimation functionalities, ConWize provides advanced analytics, enabling construction companies to leverage data for informed decision-making and continuous improvement in their bidding strategies from one project to the next.
How much funding has ConWize raised?
ConWize has raised a total of $2.8M across 1 funding round:
Angel/Seed
$2.8M
Angel/Seed (2022): $2.8M with participation from Liad Agmon, Ariel Maislos, Proptech VC, Pi Labs, and Meir Gabay
Key Investors in ConWize
Pi Labs
Pi Labs is an early-stage venture capital firm based in London that invests in innovative startups transforming the built world towards a digital sustainable future. Since its founding in 2015, it has backed over 90 companies globally, focusing on technology that spans sustainable construction, efficient buildings, and the future of work. Their investment strategy includes ticket sizes ranging from £350,000 to £2 million, supporting founders from pre-seed to series A stages. Pi Labs is committed to creating long-term partnerships with entrepreneurs to drive significant change in the built environment.
Proptech VC
Proptech VC is a venture capital firm that likely focuses on investments within the property technology sector, supporting companies that innovate in real estate and construction.
Liad Agmon
Liad Agmon is an individual investor, potentially with a background or interest in technology and enterprise solutions, contributing to ConWize's seed funding.
What's next for ConWize?
The substantial enterprise-level funding signifies a strong vote of confidence in ConWize's business model and its potential for significant market penetration. This capital infusion is expected to fuel further platform development, expand its market reach, and enhance its analytical capabilities. ConWize is strategically positioned to lead the digital transformation within the construction tendering and estimation landscape, driving efficiency and profitability for its clients.
See full ConWize company page
