When was RIB Software founded?

RIB Software was founded in 1961 and raised its 1st funding round 49 years after it was founded.

Where is RIB Software located?

RIB Software is headquartered in Stuttgart, Germany. It is registered at OFFICE 207,1 GILTSPUR STREET,LONDON,ENGLAND,EC1A 9DD.

Who is the current CEO of RIB Software?

Michael Woitag, Thomas Wolf and Murray Freeman s of RIB Software.

How many employees does RIB Software have?

As of Sep 30, 2026, the latest employee count at RIB Software is 131.

Is RIB Software a funded company?

RIB Software is a funded company, having raised a total of $***** in its 1st and only funding round, a Unattributed round on Jan 21, 2010.

How much is RIB Software worth?

The last known valuation of RIB Software was $***** as of Feb 13, 2020.

When was the latest funding round of RIB Software?

RIB Software's latest funding was a $***** Unattributed round on Jan 21, 2010, with participation from 2 investors. Its primary sector is Construction Tech. In Germany, the Construction Tech sector has seen $136M in funding in 2026 to date.

What is the annual revenue of RIB Software?

Annual revenue of RIB Software is between £1M and £10M as on Dec 31, 2025

Where does RIB Software rank among its competitors?

RIB Software ranks 36th amongst 3054 active competitors, of which 176 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Volue, which secured an undisclosed amount in Feb, 2026.

Who are the top competitors of RIB Software?

RIB Software's top competitors include Procore, ServiceTitan and BuildOps. Among them, Volue secured the most recent funding round in February, 2026.

RIB Software - 2026 Company Profile, Team, Funding, Competitors & Financials

RIB Software is an acquired company based in Stuttgart (Germany), founded in 1961 by Michael Woitag. It operates as a Developer of software for project management, construction, and enterprise accounting. RIB Software has raised an undisclosed amount in funding, with last known valuation of $*****. The company has 3054 active competitors, including 176 funded and 102 that have exited. Its top competitors include companies like Procore, ServiceTitan and BuildOps.

Company Details

Developer of software for project management, construction, and enterprise accounting. The company provides tools for project focus, job roles, and product needs. Software includes platforms for data analytics, cost management, CAD, and field collaboration. It also offers resources such as blogs, case studies, and client support.

Website: www.rib-software.com/en/
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Registered Address: OFFICE 207,1 GILTSPUR STREET,LONDON,ENGLAND,EC1A 9DD

Key Metrics

Founded Year

1961

Location

Stuttgart, Germany

Stage

Acquired

Latest Funding Round

Unattributed, Jan 21, 2010, $*****

Last Known Valuation

$***** as on Feb 13, 2020

Investors

Hasso Plattner Ventures & 2 more

Ranked

36^th among 3054 active competitors

Annual Revenue

£1M - £10M as on Dec 31, 2025

Employee Count

131 as on Sep 30, 2026

Investment & Acquisitions

Arkance & 10 more

Similar Companies

Procore & 3288 more

Exit Details

Acquired by Schneider Electric (Feb 13, 2020)

View RIB Software's full profile

RIB Software is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
RIB UK&I LIMITED CIN: 6452488 , United Kingdom, Active	Dec 12, 2007	£1M - £10M (As on Dec 31, 2025)	7 (As on Dec 31, 2022)
RIB SOFTWARE (UK) LIMITED CIN: 4322112 , United Kingdom, Active	Nov 13, 2001	£0 - £1M (As on Dec 31, 2022)	1 (As on Dec 31, 2022)
RIB SOFTWARE GMBH CIN: 783426 , Germany, Active	Feb 14, 2022	-	-

RIB Software got acquired by Schneider Electric on Feb 13, 2020 at an acquisition amount of $*****.

Click here to take a look at RIB Software's acquisition in detail

RIB Software has raised funding over 1 round. Its latest funding round was a Unattributed round on Jan 21, 2010 for $*****. 2 investors participated in its latest round. RIB Software has 3 institutional investors.

Here is the list of recent funding rounds of RIB Software:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 21, 2010	2447345	Unattributed	9534826	5615873	5287534	2696627

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View details of RIB Software's funding rounds and investors

The founders of RIB Software is Michael Woitag.

Here are the details of RIB Software's key team members:

Michael Woitag: CEO | Founder of DATENGUT / RIB Leipzig of RIB Software.
Thomas Wolf: CEO of RIB Software.
Murray Freeman: CEO of RIB Software.

View details of RIB Software's Founder profiles and Board Members

RIB Software's employee count trend

RIB Software has 131 employees as of Sep 26. Here is RIB Software's employee count trend over the years:

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Top competitors of RIB Software include Procore, ServiceTitan and BuildOps. Here is the list of Top 10 competitors of RIB Software, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Procore 2003, Carpinteria (United States), Public	SaaS-driven project management software for construction professionals	$406M	Iconiq Capital, Tiger Global Management & 32 others	80/100
2nd	ServiceTitan 2007, Glendale (United States), Public	Developer of business management software for residential and commercial contractors	$1.1B	Thoma Bravo, ICONIQ Growth & 27 others	78/100
3rd	BuildOps 2018, Santa Monica (United States), Series C	Software solution for facility management and commercial contractors	$226M	Fika Ventures, Meritech & 31 others	72/100
4th	PlanRadar 2013, Vienna (Austria), Series B	Provider of construction and real estate management software platform solutions	$103M	Insight Partners, Headline & 13 others	65/100
5th	Volue 2020, Oslo (Norway), Public	Provider of data, forecasts, and software for energy market participants	$54M	TA Associates, Luxor Capital Group & 11 others	65/100
6th	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	Redpoint Ventures, Insight Partners & 8 others	63/100
7th	Powerplay 2020, Bengaluru (India), Series A	Provider of SaaS-driven communication and collaboration software for construction professionals	$15.6M	Accel, India Quotient & 12 others	62/100
8th	Sitetracker 2013, Palo Alto (United States), Series D	Provider of asset lifecycle management platform for critical infrastructure projects	$153M	Energize Capital, New Enterprise Associates ... & 15 others	62/100
9th	Hyphen Solutions 1998, Addison (United States), Series A	Collaboration and scheduling software for home construction sector	-	GreyLion Capital, Perella Weinberg Partners ... & 3 others	61/100
10th	Bobyard 2023, Cupertino (United States), Series A	Provider of AI-based software solutions for project management	$38.6M	8VC, Tishman Speyer & 5 others	60/100
36th	RIB Software 1961, Stuttgart (Germany), Acquired	Developer of software for project management, construction, and enterprise accounting	-	Hasso Plattner Ventures, SAP & 1 others	51/100

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RIB Software has made 2 investments in companies including Arkance and Winjit. RIB Software has also acquired 9 companies including Datapine and U.S. CAD.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Dec 19, 2019	Investments	Arkance	2018	Bengaluru (India)
Oct 28, 2019	Acquisition	Datapine	2012	Berlin (Germany)
Sep 03, 2019	Acquisition	U.S. CAD	1999	Irvine (United States)