AproPLAN
The APROPLAN application brings together all the site stakeholders around the objectives of deadlines, budget and compliance.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
| investor investor investor investor investor investor | €0.0 | round | |
* | N/A | Merger | |
| Total Funding | 000k | ||
| EUR | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | - | - | (101 %) | (30 %) | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | - | - | (178 %) | (102 %) | - |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article, Dealroom estimates
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AproPLAN, founded in 2012 in Brussels, Belgium, developed a SaaS-based construction management software to digitize and streamline on-site processes. The company was established by Thomas Goubau, who served as CEO, along with co-founders Paul de Gheldere, Renauld Lacroix, Frédéric Salvé, and Jean-Philippe Cardoso. Goubau's background includes roles at At Kearney and BT, experiences that informed his vision to modernize the traditionally paper-based construction industry.
The firm's core business revolves around a mobile application that facilitates collaboration between architects, contractors, engineers, and clients. It provides a centralized platform for managing tasks, documents, and communication in real-time. The software's features include issue tracking, punch lists, document management with version control, and customizable reporting, all accessible via tablets and smartphones, even offline. AproPLAN's revenue model is based on monthly subscriptions with different tiers, including a free basic plan and more advanced 'Pro' and 'Expert' options. Clients range from large contractors like BAM and Besix to individual architects and engineers.
A significant milestone for AproPLAN was securing a €5 million ($5.57M) Series A funding round on June 22, 2017, led by Fortino Capital. This investment was aimed at enhancing the product's on-site user experience and expanding sales and marketing efforts. In January 2019, AproPLAN merged with the Danish company GenieBelt in a 50/50 deal to form LetsBuild. This merger was a strategic move to create a comprehensive, end-to-end digital platform for the construction industry, combining AproPLAN's strength in on-site follow-up and quality control with GenieBelt's expertise in planning and progress reporting. Thomas Goubau transitioned to the role of Chief Commercial Officer (CCO) in the new entity.
Keywords: construction management software, ConTech, SaaS, project management, mobile construction app, digital collaboration platform, issue tracking, punch lists, document management, construction reporting, site management, snagging tool, quality control, safety management, LetsBuild, Thomas Goubau, field management, real-time collaboration, construction workflow, digital transformation in construction, building inspection