HammerTech - About the company
HammerTech is a series B company based in Melbourne (Australia), founded in 2015 by Luke McDonald. It operates as a Provider of construction safety and compliance management software platform solutions. HammerTech has raised $77.1M in funding from Riverwood Capital and Arrowroot Capital Management. The company has 560 active competitors, including 100 funded and 57 that have exited. Its top competitors include companies like Powerplay, BuildOps and Buildots.
Company Details
Provider of construction safety and compliance management software platform solutions. The platform offers tools for pre-planning, execution, review, and incident management. It integrates with existing technology stacks, providing solutions for safety directors, site supervisors, and executives. The software aims to simplify processes and provide access to critical data.
- Website
- www.hammertech.com/en-us/
- Phone Number
- +1 **********
Key Metrics
Founded Year
2015
Location
Melbourne, Australia
Stage
Series B
Total Funding
$77.1M in 3 rounds
Latest Funding Round
Investors
Ranked
5th among 560 active competitors
Employee Count
14 as on Dec 31, 2009
Legal entities associated with HammerTech
HammerTech is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
HAMMER TECHNOLOGIES HOLDING PTY LTD CIN: 626687965 , Australia, Active | Aug 06, 2018 | - | - | - |
HAMMER TECHNOLOGIES USA LLC CIN: 450476448 , United States, Active | Mar 16, 2016 | - | 14 (As on Dec 31, 2009) | - |
HAMMER TECHNOLOGIES PTY LTD CIN: 165567822 , Australia, Active | Aug 30, 2013 | - | - | - |
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HammerTech's funding and investors
HammerTech has raised a total funding of $77.1M over 3 rounds. Its first funding round was on 2017. Its latest funding round was a Series B round on Jul 15, 2024 for $*****. 1 investor participated in its latest round. HammerTech has 10 institutional investors.
Here is the list of recent funding rounds of HammerTech:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 15, 2024 | 2497996 | Series B | 1173634 | 9282386 | 8383775 | 4589273 |
Apr 01, 2019 | 4535275 | Series A | 6953557 | 8672805 | 9169142 | 7277933 |
2017 | 3603 | Grant (prize money) | 9903 | 9596 | 1927 | 6877 |
View details of HammerTech's funding rounds and investors
HammerTech's founders and board of directors
Founder? Claim ProfileThe founders of HammerTech is Luke McDonald.
Here are the details of HammerTech's key team members:
- Luke McDonald: Co-Founder / Director of HammerTech.
View details of HammerTech's Founder profiles and Board Members
HammerTech's employee count trend
HammerTech has 14 employees as of Dec 09. Here is HammerTech's employee count trend over the years:
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HammerTech's Competitors and alternates
Top competitors of HammerTech include Powerplay, BuildOps and Buildots. Here is the list of Top 10 competitors of HammerTech, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of SaaS-driven communication and collaboration software for construction professionals | $15.6M | 72/100 | ||
2nd | BuildOps 2018, Santa Monica (United States), Series C | Software solution for facility management and commercial contractors | $226M | 70/100 | |
3rd | AI-enabled field management solutions for the construction sector | $166M | 69/100 | ||
4th | XYZ Reality 2017, London (United Kingdom), Series A | Provider of cloud-based augmented reality software for construction professionals | $34.5M | 67/100 | |
5th | HammerTech 2015, Melbourne (Australia), Series B | Provider of construction safety and compliance management software platform solutions | $77.1M | 66/100 | |
6th | PlanGrid 2011, San Francisco (United States), Acquired | Provider of collaboration on web and mobile for field construction | $18M | 65/100 | |
7th | Fieldwire 2013, San Francisco (United States), Acquired | Provider of a cloud-based collaboration platform for construction project teams | $40.4M | 65/100 | |
8th | WakeCap 2017, Riyadh (Saudi Arabia), Series B | Provider of sensor-powered project-controls system for workforce visibility and intelligence | $32M | 64/100 | |
9th | Hyphen Solutions 1998, Addison (United States), Series A | Collaboration and scheduling software for home construction sector | - | 62/100 | |
10th | Trunk Tools 2021, New York City (United States), Series B | Provide software for project leaders to address the skilled labor shortage and align workers incentives | $70M | 61/100 |
Looking for more details on HammerTech's competitors? Click here to see the top ones
HammerTech's Investments and acquisitions
HammerTech has made no investments or acquisitions yet.
News related to HammerTech
Media has covered HammerTech for 1 event in last 1 year, It was about company updates.
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PCL, HammerTech sign multiyear safety tech agreementConstruction Dive•Oct 04, 2024•PCL Construction, HammerTech
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HammerTech Appoints Ex Aconex Co-Founder Rob Phillpot To Assist Global ExpansionTech Business News•Feb 13, 2024•HammerTech
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Shawmut revolutionizes subcontractor management with HammerTechConstruction Dive•May 15, 2023•Shawmut Design and Construction, HammerTech
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