Rubus enters the German market through the acquisition of bau digital. This transaction marks a significant milestone for both companies, consolidating their market positions and expanding their influence in the European PropTech and construction industries. To secure continued growth and a successful merger Rubus has raised ~2 million Euro in new capital. Rubus, founded by the brothers Guy and Yuval Montuelle, is backed by Kistefos, a Norwegian family office, and Construct Venture, owned 50/50 by OBOS and AF Gruppen. AF Gruppen (General Contractor) and OBOS (Real Estate Developer) are among the leading players in the Nordic region.
Both organizations recognize strong synergies in their offerings and growth potential. The merger will combine bau digital’s expertise in the DACH region with Rubus’ leading position in Scandinavia, creating a powerhouse that is now one of the largest of its kind in Europe. This strengthened market position will allow the combined entity to offer an unparalleled range of digital solutions for real estate developers and general contractors.
The combination of bau digital and Rubus will offer customers a complete platform for the entire customer journey, from home customization, through handovers and inspections, owners handbooks and warranty handling.” says Guy Montuelle, CEO of Rubus.
We are excited to introduce features from the bau digital platform that we believe will add significant value to the Scandinavian market. These include advanced visualizations and a comprehensive global product database, which aim to enhance user experience and streamline workflows. In addition, we know Norway is in the forefront of digitization in general, and we are excited to bring our solutions to the German market.
Guy Montuelle, CEO and co-founder of Rubus, will assume leadership of the combined company, driving forward its vision and strategy across Europe. Henning Lorenzen, the CEO and Co-founder of bau digital, will continue as the manager of the Rubus’ German subsidiary, overseeing operations and ensuring the continued growth of the company in the DACH-region.
Henning Lorenzen, CEO of bau digital GmbH, expressed his enthusiasm
“This is a pivotal moment for both our employees and customers. By joining forces with Rubus, we will leverage an expanded product portfolio and deepen our industry expertise, positioning us for future innovation and sustainable growth.
Guy Montuelle, CEO of Rubus Tech AS, shared his excitement:
“This merger underscores our commitment to delivering state-of-the-art software solutions for the construction industry across Europe. By combining our regional strengths, we are uniquely positioned to lead the market with innovative tools that enhance efficiency and collaboration for developers and contractors.”
About Rubus Tech
Founded in 2019 by Guy and Yuval Montuelle,
Rubus Tech AS delivers a collaboration platform tailored to property developers, general contractors, and subcontractors in the multifamily construction sector. Headquartered in Bergen, with offices in Oslo and Stockholm, Rubus now employs 30 employees across 4 offices and 3 countries. The company’s dynamic platform streamlines project management, enhances collaboration, reduces errors, and transforms the homebuyer experience. Trusted by leading industry players such as AF Gruppen, PEAB, Nordr, Veidekke and OBOS, Rubus continues its rapid expansion across Europe.
About bau digital
bau digital is a prominent German PropTech firm offering cutting-edge digital solutions for the construction sector. Focused on enhancing efficiency and transparency, bau digital’s platform enables real estate developers, general contractors, and subcontractors to optimize project workflows, streamline collaboration, and accelerate delivery. A trusted partner for industry leaders like Züblin (Strabag), Swiss-Life, Pandion, Wohnkompanie and ECE, bau digital drives innovation and sustainability across Europe.
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