When was Andercore founded?

Andercore was founded in 2021 and raised its 1st funding round 5 years after it was founded.

Where is Andercore located?

Andercore is headquartered in Berlin, Germany.

Is Andercore a funded company?

Andercore is a funded company, having raised a total of $75M across 2 funding rounds to date. The company's 1st funding round was a $***** Series B round, raised on Feb 11, 2026.

When was the latest funding round of Andercore?

Andercore's latest funding was a $***** Conventional Debt round on Feb 11, 2026, with participation from 2 investors. Its primary sector is Construction Tech. In Germany, the Construction Tech sector has seen $101M in funding in 2026 to date.

Where does Andercore rank among its competitors?

Andercore ranks 2nd amongst 30 active competitors, of which 4 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Andercore, which secured $40M in Feb, 2026.

Who are the top competitors of Andercore?

Andercore's top competitors include Schuettflix, Concular and McCoy Mart. Among them, Andercore secured the most recent funding round in February, 2026.

Andercore - 2026 Company Profile, Funding & Competitors

Company Details

Provider of construction and building materials. It provides cement slabs, concrete panels, precast concrete pavers, wood-fiber reinforced cement boards, tiles, roofing materials and more.

Key Metrics

Founded Year

2021

Location

Berlin, Germany

Stage

Series B

Total Funding

$75M in 2 rounds

Latest Funding Round

Conventional Debt, Feb 11, 2026, $*****

Investors

Commerzbank & 5 more

Ranked

2^nd among 30 active competitors

Similar Companies

Infra.Market & 761 more

View Andercore's full profile

Andercore has raised a total funding of $75M over 2 rounds. Its first funding round was on Feb 11, 2026. Its latest funding round was a Conventional Debt round on Feb 11, 2026 for $*****. 2 investors participated in its latest round. Andercore has 6 institutional investors.

Here is the list of recent funding rounds of Andercore:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 11, 2026	7720509	Conventional Debt	5918448	4648458	7984763	2714463
Feb 11, 2026	9913726	Series B	6491659	5998997	5868539	Atomico & 4 more

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Top competitors of Andercore include Schuettflix, Concular and McCoy Mart. Here is the list of Top 10 competitors of Andercore, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Schuettflix 2018, Gutersloh (Germany), Series A	E-distributor offering building supplies for enterprises	$110M	Strabag International, HV Capital & 11 others	48/100
2nd	Andercore 2021, Berlin (Germany), Series B	Provider of construction and building materials	$75M	Commerzbank, Atomico & 4 others	45/100
3rd	Concular 2020, Berlin (Germany), Seed	Provider of circular construction, urban mining, and building material management	$2.7M	Start-up BW, STRABAG & 7 others	43/100
4th	McCoy Mart 2017, Delhi (India), Unfunded	Online retailer of building, construction, home improvement, and safety materials	-	-	38/100
5th	Bobbie 2016, Munich (Germany), Seed	Online marketplace for building materials	-	BRZ Deutschland, HGC & 2 others	37/100
6th	Rotopino.pl 2011, Bydgoszcz (Poland), Public	Online retailer of hardware tools	-	-	32/100
7th	Aqvomo 2020, Porta Westfalica (Germany), Unfunded	Online B2B marketplace offering water management products	-	-	27/100
8th	Matmatch 2017, Munich (Germany), Funding Raised	Online platform for searching materials and supplier	-	BCG Digital Ventures	23/100
9th	Theunissen 1972, Kronshagen (Germany), Public	Online retailer of plumbing, electrical, lighting, and industrial equipment	-	-	23/100
10th	D-TACK 1995, Huttlingen (Germany), Unfunded	Online retailer of construction products and equipment	-	-	21/100