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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.
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Phone Number
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Key Metrics
Founded Year
2015
Location
Melbourne, Australia
Stage
Series B
Total Funding
$77.1M in 3 rounds
Latest Funding Round
Ranked
Employee Count
14 as on Dec 31, 2009
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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
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HammerTech's founders and board of directors

Founder? Claim Profile
The founders of HammerTech is Luke McDonald.
Here are the details of HammerTech's key team members:

HammerTech's employee count trend

HammerTech has 14 employees as of Dec 09. Here is HammerTech's employee count trend over the years:
Employee count trend for HammerTech
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Powerplay
Powerplay
2020, Bengaluru (India), Series A
Provider of SaaS-driven communication and collaboration software for construction professionals
$15.6M
72/100
2nd
Logo for BuildOps
BuildOps
2018, Santa Monica (United States), Series C
Software solution for facility management and commercial contractors
$226M
70/100
3rd
Logo for Buildots
Buildots
2018, Tel Aviv (Israel), Series D
AI-enabled field management solutions for the construction sector
$166M
69/100
4th
Logo for XYZ Reality
XYZ Reality
2017, London (United Kingdom), Series A
Provider of cloud-based augmented reality software for construction professionals
$34.5M
67/100
5th
Logo for HammerTech
HammerTech
2015, Melbourne (Australia), Series B
Provider of construction safety and compliance management software platform solutions
$77.1M
66/100
6th
Logo for PlanGrid
PlanGrid
2011, San Francisco (United States), Acquired
Provider of collaboration on web and mobile for field construction
$18M
65/100
7th
Logo for Fieldwire
Fieldwire
2013, San Francisco (United States), Acquired
Provider of a cloud-based collaboration platform for construction project teams
$40.4M
65/100
8th
Logo for WakeCap
WakeCap
2017, Riyadh (Saudi Arabia), Series B
Provider of sensor-powered project-controls system for workforce visibility and intelligence
$32M
64/100
9th
Logo for Hyphen Solutions
Hyphen Solutions
1998, Addison (United States), Series A
Collaboration and scheduling software for home construction sector
-
62/100
10th
Logo for Trunk Tools
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
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HammerTech's Investments and acquisitions

HammerTech has made no investments or acquisitions yet.

News related to HammerTech

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Media has covered HammerTech for 1 event in last 1 year, It was about company updates.
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