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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.
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Key Metrics
Founded Year
1985
Location
Mannheim, Germany
Stage
Acquired
Investors
Ranked
Employee Count
109 as on Dec 31, 2024
Investment & Acquisitions
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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.

Softtech's founders and board of directors

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Softtech's employee count trend

Softtech has 109 employees as of Dec 24. Here is Softtech's employee count trend over the years:
Employee count trend for Softtech
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Matterport
Matterport
2011, Sunnyvale (United States), Acquired
Provider of 3D digital twin solutions for various industry applications
$163M
81/100
2nd
Logo for Nemetschek Group
Nemetschek Group
1963, Munich (Germany), Public
Provider of software solutions for architecture, engineering, construction, and operation
-
72/100
3rd
Logo for Attentive
Attentive
2016, Wilmington (United States), Series B
Developer of AI-powered takeoff software for construction and field service industries
$49.7M
62/100
4th
Logo for Higharc
Higharc
2018, Durham (United States), Series B
SaaS-based online 3D staging platform for residential properties
$83M
61/100
5th
Logo for Parspec
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
Logo for CubiCasa
CubiCasa
2013, Oulu (Finland), Acquired
Digital floor plan developers
$325K
60/100
7th
Logo for Finch 3D
Finch 3D
2019, Malmo (Sweden), Series A
Online design software for architects
$4.19M
55/100
8th
Logo for Spatial Corp
Spatial Corp
1986, Denver (United States), Acquired
Platform offering component-based 3D modeling technology and software
-
-
54/100
9th
Logo for Allplan
Allplan
1981, Munich (Germany), Unfunded
Developer of software for building design, structural engineering, and infrastructure
-
-
53/100
10th
Logo for Vectorworks
Vectorworks
1985, Columbia (United States), Acquired
Developer of three-dimensional design software for BIM, CAD, and modeling
-
-
53/100
56th
Logo for Softtech
Softtech
1985, Mannheim (Germany), Acquired
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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SoftTech is now an SAP Gold PartnerAsian News InternationalNov 18, 2022Softtech, SAP
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