PlanRadar Funding, Investors & Competitors

PlanRadar has raised $102M across 3 funding rounds, most recently a $67M Series B in January 2022.

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
  • Quadrille Capital
  • PT1

PlanRadar Overview

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

AustriaVienna

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

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

PlanRadar funding rounds
DateStageInvestorsRaisedDeal Summary
Jan 2022Series BInsight Partners (lead); Quadrille Capital (lead); GR Capital; Redstone.VC; NAP; Berliner Volksbank Ventures; PT1; aws Gründungsfonds; Russmedia Equity Partners; Headline$67MPlanRadar 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 2020Series AInsight Partners (lead); Redstone.VC; NAP; Berliner Volksbank Ventures; aws Gründungsfonds; Headline$33MPlanRadar 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 2017SeedRedstone.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

Investors in PlanRadar by funding rounds participated
InvestorHQRoundsRoleFirst check
Redstone.VCGermanyBerlin3ParticipantJun 2017
NAPGermanyBerlin3ParticipantJun 2017
Berliner Volksbank VenturesGermanyBerlin3ParticipantJun 2017
aws GründungsfondsAustriaVienna3ParticipantJun 2017
Insight PartnersUnited StatesNew York City, NY2LeadMar 2020
HeadlineUnited StatesSan Francisco, CA2ParticipantMar 2020
GR CapitalGermanyBerlin1ParticipantJan 2022
Quadrille CapitalFranceParis1LeadJan 2022

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PlanRadar Competitors

PlanRadar competitors include listed companies like CoStar Group, Bentley Systems and AppFolio, and private ones like PermitFlow, Andpad and Entrata.

Public and private companies comparable to PlanRadar
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
PermitFlowUnited StatesNew York City, NYPrivate--$500M-
AndpadJapanTokyoPrivate--$537M-
CoStar GroupUnited StatesUnited StatesPublicly listed$3.2B$183M$12B3.3x
Bentley SystemsUnited StatesUnited StatesPublicly listed$1.5B$429M$9.5B6.5x
AppFolioUnited StatesUnited StatesPublicly listed$951M$178M$7.8B7.1x
EntrataUnited StatesSalt Lake City, UTPrivate$200M-$4.3B21.5x

PlanRadar Public Comps

PlanRadar is still privately-owned, but its public comps include Quanta Services, Vinci, CRH, Comfort Systems USA, Larsen & Toubro, Constellation Software, Samsung C&T, Ferrovial, Martin Marietta Materials and Hochtief.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Quanta Services$28B$2.5B3.5x2.7x38.8x26.3x
Vinci$87B$16B1.2x1.1x6.4x6.3x
CRH$37B$7.6B2.0x1.9x10.0x9.4x
Comfort Systems USA$9.1B$1.4B5.9x4.5x37.9x25.4x
Larsen & Toubro$30B$3.1B2.1x2.0x19.9x19.2x
Constellation Software$12B$2.5B4.0x3.5x18.5x12.9x
Samsung C&T$30B$3.8B1.5x1.4x11.9x13.2x
Ferrovial$11B$2.1B4.4x4.2x23.0x27.2x

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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.
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 PermitFlow, Andpad, CoStar Group, Bentley Systems, AppFolio and Entrata.

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