Findable funding news – Oslo-based Findable Secures €9 Million in Series A Round Funding

It saves time and money for contractors, building owners, and operators by automating the sorting and filing of complex documentation. It facilitates more strategic company decisions by streamlining access to crucial facts, like identifying maintenance needs and guaranteeing regulatory compliance.

Findable provides a way to offset the carbon footprint of the built environment, which is responsible for more than 40% of greenhouse gas emissions worldwide. Findable enables asset managers to reduce environmental impact through improved building care and longer building lifespans by giving them simple access to correct paperwork.

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In addition, it expedites environmental certification applications, supporting sustainability objectives. The annual cost of ineffective documentation management to building owners is estimated to be €2 per square meter. The implementation of new construction and environmental laws throughout Europe has highlighted the need for better building documentation.

The EU recently approved the Energy Performance of Buildings Directive, which seeks to create a decarbonized building stock by 2050, while the UK recently implemented the Building Safety Act to increase safety standards of new construction projects. Findable's technology gives consumers access to high-quality construction paperwork, reducing risk and helping them adjust to changing laws.

Fredrik Halmøy Wisløff, CEO at Findable said: “In recent years, we’ve witnessed large-scale building accidents due to inadequate compliance. We are committed to creating a solution that eases the regulatory burden for the property sector and can be implemented proactively to prevent these tragic incidents. With this funding and support from our investors, we will double down on technological developments that will help create safer and more sustainable buildings across Europe.”

Christoph Janz, Managing Partner at Point Nine said: “Findable is transforming how building documentation is managed, bringing much-needed efficiency and compliance to the real estate industry. Findable is an AI-first company with an exceptionally strong technical team that started pre-GPT within this vertical. We’re excited to support their mission to make buildings safer and more sustainable through AI-driven solutions.”

Sebastian Peck, Managing Partner at KOMPAS VC commented: “The changing regulatory landscape means building owners, operators, and contractors are seeking solutions to mitigate risk, simplify due diligence, and aid the built environment’s transition towards net zero. Findable’s technology does just that. Our continued support is a testament to their rapid growth, innovative product, and world-class team. We’re committed to supporting Findable through the next stage of their European expansion.”

About Findable

Findable is not just a solution for managing facilities. Their AI-powered system automatically arranges construction records, and it uses the information to provide guidance on how to be successful in transactions, sustainability, operations, and more.