Findable has raised a €9 million as it looks to expand into new markets and hire more staff.
The Oslo-based startup works by sorting and filing of complex documentation, helping building owners, operators, and contractors save time and money.
The firm said that as it stands facility managers largely hold documents across ring binders, paper files, servers, USB sticks, and emails – making it hard to find the information they need.
Fredrik Halmøy Wisløff, cief executive at Findable, said: “In recent years, we’ve witnessed large-scale building accidents due to inadequate compliance.
“We are committed to creating a solution that eases the regulatory burden for the property sector and can be implemented proactively to prevent these tragic incidents.
“With this funding and support from our investors, we will double down on technological developments that will help create safer and more sustainable buildings across Europe.”
In 2024 Findable signed over 60 new clients, processed over 2 million documents, and doubled the headcount.
Having launched in the UK earlier this year, the new funding will support Findable’s continued growth internationally and expand its product to create safe and sustainable buildings everywhere.
Inefficient documentation management is estimated to cost building owners €2 per square meter annually, a cost that Findable pledged to eliminate.
The need for improved building documentation has become apparent with new building and sustainability laws being implemented across Europe.
The UK has introduced the Building Safety Act to improve safety standards of new construction projects, while the EU has passed the Energy Performance of Buildings Directive, which aims to achieve a decarbonised building stock by 2050.
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