Spotable Funding News- Spotable Raises €1.2 Million Funding

The company makes AI-powered software that helps the construction industry with measurements and quotes.

The funding round was led by NewSchool VC and the Corens-Cloostermans family, with support from business angels like the Vandermarliere family office, the Tillon family, and Guy Serraes.

Spotable will use the money to improve its technology and expand into new areas such as facade work, terraces, and driveways.

Spotable uses advanced AI and computer vision to help construction companies create quotes faster and more accurately.

The platform looks at satellite images, LiDAR scans, and past data to automatically generate exact measurements, 3D models, success rate predictions, and full price quotes.

This saves contractors 3 to 4 hours per quote and helps them win more projects.

Sebastien Vandendriessche, founder of Spotable, explains:
"Our software aims to revolutionize the construction industry — from incoming
quotation requests to post-calculations, fully automated and predictive. We want to support both sole traders and large construction firms."

Spotable plans to grow beyond its first market of roofing companies by offering its services to other trades like facade workers and solar panel installers.

The company is also working on connecting its platform with CRM systems, invoicing tools, and building material suppliers to create a more complete solution for users.

"We only launched at the end of 2024, but the feedback from our users has been overwhelmingly positive. With this investment, we can further refine our technology and help even more construction companies save time and win more projects," says Vandendriessche.

About Spotable

Spotable is an innovative startup based in Ghent that uses AI to automate and
optimize quotation processes in the construction sector. Its platform combines
computer vision, satellite imagery, pricing, and historical data to provide contractors with accurate information and predictive analytics.