The Viennese PropTech startup PlanRadar reports an increase in turnover of almost 300 percent for 2018. In addition, PlanRadar was able to claim around 2,000 new clients from the construction and real estate industry last year.
The success stories of PlanRadar and its digital construction documentation services continue. After the Viennese startup accompanied German President Alexander Van der Bellen to Zagreb on a trip to Zagreb last October, where he was able to win over a few major clients (the brutkasten reported), managing director and co-founder Sander van de Rijdt can look forward to further success at the beginning of the year looking forward.
Sales increase of 300 percent and 3,000 customers
In addition to sales growth of nearly 300 percent, PlanRadar has increased the number of customers worldwide to more than 3,000, including major names such as the German real estate service provider Corpus Sireo, Raiffeisen Bank and the German Bosch Group. The number of employees increased in the previous year to over 50 people.
“Due to the dynamic development of the company in 2018 and the good international business prospects for 2019, we are currently filling 31 new positions and also need to expand in size. We are therefore moving into new and larger offices in Vienna’s city center shortly, ” said Ibrahim Imam, Managing Director and Co-Founder of PlanRadar, in a press release. In addition, from February offices in London and Zagreb follow, so Imam.
An eye on new markets
Apart from the expansion in the DACH area, internationalization is a priority corporate goal. The startup is currently represented in 31 countries and now wants to move towards Eastern Europe and South America. “Our existing investors are very satisfied and support our growth. In the second half of the year, additional locations are planned in as many as twelve regions, “explains Van de Rijdt, who points out that venture capital is planned for further growth.
PlanRadar is a platform- and device-independent SaaS solution for construction documentation, defect and task management in construction and real estate projects. Using a web application and apps for all smartphones, the collection, documentation, communication and tracking of construction defects and tasks is possible on the basis of a digital floor plan or architect’s plan. The company, which has its headquarters in Vienna, now has more than 3,000 customers from 31 different countries.