What is HammerTech?
HammerTech, established in Melbourne, Australia, in 2015, provides a cloud-based software platform designed to streamline safety, quality, and daily field management for leading construction firms across Australia, New Zealand, the United States, and Canada. The integrated workflow aims to simplify site operations and enhance collaboration through a paperless system, making operations organized and centralized.
How much funding has HammerTech raised?
HammerTech has raised a total of $80M across 2 funding rounds:
Series A
$10M
Other Financing Round
$70M
Series A (2019): $10M, investors not publicly disclosed
Other Financing Round (2024): $70M led by Riverwood Capital
Key Investors in HammerTech
Riverwood Capital
Riverwood Capital is a private equity firm specializing in high-growth, middle-market companies within global technology and technology-enabled industries, focusing on software and digital technologies for value creation.
What's next for HammerTech?
The substantial enterprise-level funding positions HammerTech for accelerated growth and market expansion. This strategic capital infusion is likely to fuel further product development, enhance its sales and marketing efforts, and potentially support geographic scaling. The company's focus on consolidating critical construction management processes into a single, paperless platform aligns with industry trends towards digitalization and operational efficiency, suggesting a strong future trajectory.
See full HammerTech company page
