As many B2B marketers shift from a growth-on-growth strategy to one that’s more profitable, they face the challenge of generating more value with less spend. They need to confidently scale what works and cut waste on the activities that aren’t.
Capmo, a Munich-based construction management software company, has developed an intuitive solution that digitizes processes across all phases of construction projects. The cloud-based platform enables successful project completion within budget and timeframes.
Streamlining processes is the process of optimizing business operations. This includes automation, simplification of tasks, and elimination of unnecessary steps using modern techniques and technology.
A process can be any series of repeatable steps that are executed in specific order to achieve an end goal. A process is an essential part of any business and can encompass a variety of activities that may not be directly related to one another.
For example, an organization may have a process to help onboard new employees by filling out paperwork, tour the office, and provide equipment and work space. Streamlining that process ensures that the steps are comprehensive, repeatable, and work towards an ultimate goal.
Streamlined processes cut down significantly on time spent on manual tasks. This reduces inefficiencies and helps ensure that employees deliver work in a timely manner and with superior quality.
Easy to Use
Capmo is a modern construction site operating system that simplifies communication and coordination with subcontractors. This helps general contractors reduce the time they spend on administrative tasks, thereby freeing up more time to focus on their projects.
It also eliminates misunderstandings by bringing all correspondence together in one place. This makes it easier for construction managers, architects and site managers to document, standardize and coordinate projects in a way that’s efficient and scalable.
Founded in 2018, Capmo’s digital solution is already in use by several hundred customers in Europe to implement well over 5,000 data-based projects. With this Series B financing round, the Munich-based company aims to scale internationally and expand its user base.
With the new funding, Capmo will continue to develop its cloud-based tool into a comprehensive operating system. This will help it become the go-to software for construction companies in Europe. It’s been joined by global leading cloud and SaaS investors, including Capnamic Ventures, angels from the Center for Digital Technology and Management network in Munich, and UVC Partners.
Easy to Collaborate With
Capmo is an all-in-one digital solution for construction site management that has already been used to implement well over 5,000 data-based projects. Several hundred customers in Europe are using it to save time, improve efficiency and increase quality on their construction projects.
One of the most exciting parts of Capmo is that all processes are stored and controlled in one software – this reduces misunderstandings and simplifies collaboration between project participants. It also saves up to 85% of the typical construction manager’s time.
The Capmo construction schedule is a good example of the product’s functionality – it allows you to display all relevant times and dates in an intuitive way and link them to the ticket system, making it easy to keep track of critical time overruns. This enables you to work efficiently and saves you the hassle of constantly reworking your schedule. It’s also a great way to improve coordination between partners and ensure your construction project is delivered on time, on budget and with minimal waste.
Capmo is a modern construction site operating system that streamlines processes, saving general contractors time and money. It enables standardized collaboration among all project stakeholders and allows them to control their projects holistically in one place.
As a result, Capmo is able to scale its solutions as its customer demand increases. This means that construction companies can easily ramp up their projects to meet the demands of their customers without wasting time or resources.
Jonas Minkler, VP of marketing at Capmo, says that the company is able to make efficiencies across their go-to-market activities thanks to Dreamdata. By using multi-touch attribution models, Jonas and his team are able to see which campaigns and ad groups deliver a good return on investment; allowing them to confidently scrap those that aren’t working.
With this in mind, Capmo is ready to grow and continue to develop its software into a comprehensive operating system for the construction industry. As a result, it is closing a $30m Series B round led by global cloud and SaaS investor Bessemer Venture Partners, along with previous investors UVC Partners and Capnamic Ventures.