PlanRadar Valuation, Funding & Investors
PlanRadar is valued at $110M as of March 2020.
Last PlanRadar valuation
$110M
Series A · Mar 2020
Last PlanRadar funding round
$67M
Series B · Jan 2022
Cumulative funding PlanRadar raised
$102M
across 3 funding rounds
Key investors in PlanRadar
Redstone.VC
NAP
aws Gründungsfonds
Berliner Volksbank Ventures
Insight Partners
Headline
About PlanRadar
PlanRadar is a SaaS platform for construction and real estate project management, focusing on documentation, task assignment, defect tracking, and due diligence. Available via web portal and native apps for iOS, Android, and Windows devices, it enables real-time information capture and stakeholder communication on-site. Vienna-headquartered since 2012, PlanRadar serves projects across Europe, North America, and Asia.
Founded
2013
HQ
ViennaWebsite
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Valuation
$110M (Mar 2020)
PlanRadar Valuation
PlanRadar is currently valued at $110M, based on its Series A in March 2020. Read the announcement ↗
The $33M round was led by Insight Partners, with participation from Redstone.VC, NAP, Berliner Volksbank Ventures, aws Gründungsfonds and Headline.
PlanRadar valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Mar 2020 | Series A | $110M |
PlanRadar Funding History
PlanRadar has raised a total of $102M across 3 funding rounds.
PlanRadar's first fundraising round was a $1M seed round in June 2017. The most recent completed round was a $67M Series B in January 2022.
PlanRadar funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jan 2022 | Series B | Insight Partners (lead); Quadrille Capital (lead); GR Capital; Redstone.VC; NAP; Berliner Volksbank Ventures; PT1; aws Gründungsfonds; Russmedia Equity Partners; Headline | $67M | - | PlanRadar is Europe's leading digital field management platform for construction and real estate projects, digitizing daily processes and communication to enable time and cost savings while improving project quality. Launched in Vienna in 2013, it provides a full-service SaaS solution used by professionals across the building lifecycle, trusted by 14,500 customers and 100,000 daily users in over 60 countries as of January 2022. On January 20, 2022, PlanRadar raised approximately $69-70 million in a Series B round co-led by Insight Partners and Quadrille Capital, with participation from AWS Gründungsfonds, Berliner Volksbank Ventures, GR Capital, Headline, PropTech1 Ventures (NAP/PT1), Russmedia Equity Partners, and existing investor Cavalry Ventures (listed as Redstone.VC in some contexts). This marked the third-largest Series B in Austrian history and the largest for a B2B company, following a $34 million Series A. In the 18 months prior to the round, PlanRadar achieved over 250% revenue growth and more than doubled its customer base, demonstrating strong traction. The funds were allocated to international expansion with new offices in the US, Australia, GCC, Southeast Asia, and Latin America, plus R&D for a new tech hub and product innovation team, aiming to create over 200 jobs and nearly double global headcount. PlanRadar has continued global expansion, including a Chicago office in 2026. |
| Mar 2020 | Series A | Insight Partners (lead); Redstone.VC; NAP; Berliner Volksbank Ventures; aws Gründungsfonds; Headline | $33M | $110M | PlanRadar is a Vienna-based SaaS company founded in 2013 that provides a cloud-based platform for documentation, defect management, and communication in construction and real estate projects, allowing users to upload blueprints, pin defects or tasks via mobile devices, and share with stakeholders for streamlined workflows and reports. The platform claims to deliver 60-70% cost and time savings, equating to €500 million collectively across Europe and over 7 hours of admin time saved per week per company. In March 2020, PlanRadar raised €30 million (approximately $33.1 million) in a Series A round led by Insight Partners, with participation from e.ventures and existing investors Cavalry Ventures, Berliner Volksbank Ventures, and aws Gründerfonds. The funds were allocated for expansion into nine new territories worldwide and strengthening existing markets. By January 2022, following a $69-70 million Series B co-led by Insight Partners and Quadrille Capital (with participation from Headline, Berliner Volksbank Ventures, aws Gründerfonds, and others), PlanRadar reported revenue growth over 250% and more than doubled customer base in the 18 months since the Series A, reaching 14,500 customers and 100,000 daily users across 60+ countries. The Series B, noted as the third-largest in Austrian history and largest for a B2B firm, supported international expansion into the US, Australia, GCC, Southeast Asia, and Latin America, plus R&D with over 200 new jobs planned. Offices were established in Vienna, London, Amsterdam, Moscow, Paris, Madrid, Milan, Zagreb, Warsaw, and Bucharest by then. |
| Jun 2017 | Seed | Redstone.VC; NAP; Berliner Volksbank Ventures; aws Gründungsfonds | $1M | - | - |
Who has invested in PlanRadar?
10 investors have backed PlanRadar across its funding rounds, including Redstone.VC, NAP, aws Gründungsfonds, Berliner Volksbank Ventures, Insight Partners and Headline.
Lead investors include Insight Partners and Quadrille Capital.
PlanRadar Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
 Berlin | 3 | Participant | Jun 2017 | |
| Berlin | 3 | Participant | Jun 2017 | |
| Berlin | 3 | Participant | Jun 2017 | |
| Vienna | 3 | Participant | Jun 2017 | |
 New York City, NY | 2 | Lead | Mar 2020 | |
| San Francisco, CA | 2 | Participant | Mar 2020 | |
| Berlin | 1 | Participant | Jan 2022 | |
 Paris | 1 | Lead | Jan 2022 | |
This data is available for Pro users. Sign up to see all 10 PlanRadar investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialPlanRadar Competitors
PlanRadar competitors include listed companies like Ming Yuan Cloud Group and Julong Holding, and private ones like Buildxact, GreenLite Technologies, Powerplay and Higharc.
| Company | HQ | Status | Revenue | EBITDA | Valuation |
|---|---|---|---|---|---|
 Melbourne | Private | - | - | $93M | |
| New York City, NY | Private | - | - | $75M | |
 Bangalore | Private | - | - | $75M | |
| Durham, NC | Private | - | - | $233M | |
 China | Publicly listed | $193M | ($7M) | $171M | |
| China | Publicly listed | $38M | $5M | $131M |
PlanRadar Public Comps
PlanRadar is still privately-owned, but its public comps include Onde, Mostostal Zabrze-Holding, Shoval Engineering, Equnico, Shimmick, Duro Felguera, Alumasc Group, Atrem, Dekpol and Eolus AB.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $219M | $12M | 0.7x | 0.6x | 11.9x | 14.4x | |||
| $311M | $17M | 0.4x | 0.3x | 7.3x | 6.1x | |||
| $165M | $18M | 2.2x | - | 20.8x | - | |||
| $25M | $9M | 6.3x | - | 17.5x | - | |||
| $493M | ($6M) | 0.3x | 0.3x | (29.5x) | 8.8x | |||
| $180M | ($64M) | 0.5x | - | (1.5x) | - | |||
| $144M | $21M | 1.0x | 0.9x | 6.5x | 6.3x | |||
| $79M | $12M | 1.6x | 1.5x | 10.5x | 9.5x | |||
This data is available for Pro users. Sign up to see all PlanRadar competitors and their valuation data. Start Free Trial | ||||||||
Common questions about PlanRadar
| When was PlanRadar founded? | PlanRadar was founded in 2013. |
| Where is PlanRadar headquartered? | PlanRadar is headquartered in Vienna, Austria. |
| Is PlanRadar publicly listed? | No, PlanRadar is a private, VC-backed company. |
| What is PlanRadar's valuation? | PlanRadar was last valued at $110M in its Series A in March 2020. |
| How much funding has PlanRadar raised? | PlanRadar has raised $102M across 3 funding rounds. |
| What was PlanRadar's last funding round? | PlanRadar's last funding round was a $67M Series B in January 2022, led by Insight Partners and Quadrille Capital. |
| Who are PlanRadar's investors? | PlanRadar's investors include Redstone.VC, NAP, Berliner Volksbank Ventures, aws Gründungsfonds, Insight Partners, Headline, GR Capital, Quadrille Capital, PT1 and Russmedia Equity Partners. |
| Which companies are comparable to PlanRadar? | Companies comparable to PlanRadar include Buildxact, GreenLite Technologies, Powerplay, Higharc, Ming Yuan Cloud Group and Julong Holding. |
See companies similar to PlanRadar
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