reebuild., the Vienna-based AI-native back-office automation platform for construction and real estate, has raised a €3 million seed round.
The round was led by Fortino Ventures. Other investors in the round include Rise PropTech Fund and Curiosity VC, and existing backer Hansmann Family Office (formerly Hans(wo)men Group) also participated.
Alexander Kornell, CEO and founder of reebuild, said, “We know the problems of this industry firsthand, and we build reebuild together with our customers, extremely close to the day-to-day reality on site. The software many construction companies and developers still work with today has barely evolved in decades and has fallen behind rising expectations. We’re convinced that we can shake up this market with a team that combines deep construction and technology know-how. Not with another tool, but with a solution that truly understands how construction sites and projects are handled on the commercial side.”
On its platform, delivery notes, invoices, and order confirmations are matched automatically, and the software progressively learns from the decisions of commercial managers, reducing repetitive administrative workload over time. On site, a foreman can photograph a delivery note with the mobile app and have it instantly embedded in the system.
Wouter Goossens, Partner at Fortino Ventures, said, “We believe now is the time for construction companies to digitise and automate their back-office processes with SaaS and AI. reebuild is the right team to execute on this, with the founding team having their family roots in the construction sector.”
The funding will be deployed across three areas: geographic expansion beyond reebuild’s established markets in Austria and Germany, the development of new AI-native modules that fully automate contractors’ workflows from calculation to accounting; and team growth at its Vienna headquarters, where the company currently employs around 25 people.
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