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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 609 active competitors, including 100 funded and 61 that have exited. Its top competitors include companies like BuildOps, PlanRadar and XYZ Reality.

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.
Social
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Phone Number
+1 **********
Key Metrics
Founded Year
2015
Location
Melbourne, Australia
Stage
Series B
Total Funding
$77.1M in 3 rounds
Latest Funding Round
Ranked
Employee Count
184 as on May 31, 2026
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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
5756269
Series B
1557367
9407658
4419800
2227363
Apr 01, 2019
9093832
Series A
8658695
1484244
4421318
1169864
2017
1650
Grant (prize money)
9776
5909
5248
8831
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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 Board of Directors

HammerTech's board has 4 active members. Matthew J Safaii and Ben Leach are part of team and Jeffrey Parks and Cheng Ma are independent board members.
Here is the list of HammerTech's board of directors:
Name
Type
Representing
Status
Duration
qnduund
Team
-
Current
7y 6m
Investor
-
Current
7y 2m
Independent board member
-
Current
2y 2m
drfgava
Independent board member
-
Current
7y 6m

HammerTech's employee count trend

HammerTech has 184 employees as of May 26. 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 BuildOps, PlanRadar and XYZ Reality. 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 BuildOps
BuildOps
2018, Santa Monica (United States), Series C
Software solution for facility management and commercial contractors
$226M
70/100
2nd
Logo for PlanRadar
PlanRadar
2013, Vienna (Austria), Series B
Provider of construction and real estate management software platform solutions
$103M
68/100
3rd
Logo for XYZ Reality
XYZ Reality
2017, London (United Kingdom), Series A
Provider of cloud-based augmented reality software for construction professionals
$34.5M
64/100
4th
Logo for Raken
Raken
2012, San Diego (United States), Acquired
Cloud-based tasks management and collaboration software for the construction sector
$12M
64/100
5th
Logo for Leica-Geosystems
Leica-Geosystems
1819, Germany, Acquired
Manufacturer of surveying instruments, reality capture and machine control systems
-
63/100
6th
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
63/100
7th
Logo for Brickeye
Brickeye
2013, Toronto (Canada), Acquired
Provider of construction risk mitigation platform integrating IoT and data analytics
$20M
63/100
8th
Logo for Powerplay
Powerplay
2020, Bengaluru (India), Series A
Provider of SaaS-driven communication and collaboration software for construction professionals
$15.6M
62/100
9th
Logo for PlanGrid
PlanGrid
2011, San Francisco (United States), Acquired
Provider of collaboration on web and mobile for field construction
$58M
61/100
10th
Logo for Hyphen Solutions
Hyphen Solutions
1998, Addison (United States), Series A
Collaboration and scheduling software for home construction sector
-
60/100
17th
Logo for HammerTech
HammerTech
2015, Melbourne (Australia), Series B
Provider of construction safety and compliance management software platform solutions
$77.1M
57/100
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HammerTech's Investments and acquisitions

HammerTech has made no investments or acquisitions yet.

Reports related to HammerTech

Here is the latest report on HammerTech's sector:

News related to HammerTech

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