Softtech - About the company
Softtech is an acquired company based in Mannheim (Germany), founded in 1985. It operates as a BIM authoring tool and estimation tool. The company has 470 active competitors, including 31 funded and 41 that have exited. Its top competitors include companies like Matterport, Nemetschek Group and Attentive.
Company Details
Softtech provides a BIM modelling tool and software for estimations and take-offs. Its products include 1. Spirit, a BIM CAD software. 2. SimLab for rendering and creating animations. 3. Avanti, for cost estimation for bidding. 4. Grava, for on-screen quantity take-off. 5. Scaffmax for scaffolding planning.
- Website
- softtech.com
Key Metrics
Founded Year
1985
Location
Mannheim, Germany
Stage
Acquired
Investors
Ranked
56th among 470 active competitors
Employee Count
109 as on Dec 31, 2024
Similar Companies
Exit Details
Acquired by Compusoft (Sep 03, 2020)
Softtech's acquisition details
Softtech got acquired by Compusoft on Sep 03, 2020.
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Softtech's funding and investors
Softtech is a funded company. Softtech has 1 institutional investor.
View details of Softtech's funding rounds and investors
Softtech's founders and board of directors
Founder? Claim ProfileSofttech's employee count trend
Softtech has 109 employees as of Dec 24. Here is Softtech's employee count trend over the years:
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Softtech's Competitors and alternates
Top competitors of Softtech include Matterport, Nemetschek Group and Attentive. Here is the list of Top 10 competitors of Softtech, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Matterport 2011, Sunnyvale (United States), Acquired | Provider of 3D digital twin solutions for various industry applications | $163M | 81/100 | |
2nd | Nemetschek Group 1963, Munich (Germany), Public | Provider of software solutions for architecture, engineering, construction, and operation | - | 72/100 | |
3rd | Attentive 2016, Wilmington (United States), Series B | Developer of AI-powered takeoff software for construction and field service industries | $49.7M | 62/100 | |
4th | Higharc 2018, Durham (United States), Series B | SaaS-based online 3D staging platform for residential properties | $83M | 61/100 | |
5th | ![]() Parspec 2020, San Francisco (United States), Series A | Provider of an AI-powered platform for product selection, quoting, and submittals | $31.5M | 61/100 | |
6th | Digital floor plan developers | $325K | 60/100 | ||
7th | Online design software for architects | $4.19M | 55/100 | ||
8th | Spatial Corp 1986, Denver (United States), Acquired | Platform offering component-based 3D modeling technology and software | - | - | 54/100 |
9th | Developer of software for building design, structural engineering, and infrastructure | - | - | 53/100 | |
10th | Vectorworks 1985, Columbia (United States), Acquired | Developer of three-dimensional design software for BIM, CAD, and modeling | - | - | 53/100 |
56th | BIM authoring tool and estimation tool | - | 31/100 |
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Softtech's Investments and acquisitions
Softtech has made 2 investments in GreatHorn and Gigwalk. Softtech has not made any acquisitions as of now.News related to Softtech
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Horsa enters the PTC ecosystem with the acquisition of SoftechIndustria Italiana•Jun 20, 2024•Horsa, Softtech
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Revolutionizing construction approvals: unveiling the launch of AutoDCR software in collaboration with Naredco Vidarbha foundationAsian News International•Aug 12, 2023•Softtech, NAREDCO Vidarbha
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Technology startup Softtech promotes language equality with Here's a Bug projectegirisim•Nov 30, 2022•Softtech
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Tech Mahindra partners with SoftTech to digitally transform the construction and infrastructure industryExpress Computer•Oct 07, 2022•Tech Mahindra, Softtech
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Women 2.0 has new leadership, and is launching a tech recruiting serviceTechCrunch+•Aug 18, 2016•Switch, Yahoo, Twilio, Untapt and 1 other
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