Revitalyze

Addressing the significant administrative burden in the construction industry, Revitalyze FlexCo, founded in 2024, offers a document intelligence platform powered by generative AI. The company targets general contractors and construction teams, aiming to automate repetitive data-related tasks that consume a large portion of their time. Based in Schwaz, Austria, Revitalyze was established by Michael Streif, David Plaseller, and Patrick Gössl. An earlier iteration of the startup, founded by Plaseller and Gössl, focused on creating a one-stop-shop for the reuse of circular building components and gained recognition as a finalist for the Josef Umdasch Research Prize in 2023.

The core of Revitalyze's offering is an AI-powered assistant that enhances knowledge management and automates workflows. Its platform integrates data from disparate sources and formats, including PDFs, Excel files, and emails, creating a centralized knowledge hub. This system is designed to reduce the time spent on reviewing tenders, contracts, and Life Cycle Assessment (LCA) reporting by up to 90%. Key features include a technical analysis tool that vets bills of quantities, plans, and specifications for completeness, flagging ambiguities and potential risks. It also offers a contract risk assessment agent and automates the Request for Quotation (RFQ) process by matching line items with trades and preparing email drafts for subcontractors. Furthermore, the platform can enrich project data with CO2 emission and circularity information, integrating with databases like Ökobaudat to support more informed bidding and procurement.

The company operates on a SaaS business model and generates revenue through its software, offering a free version with limited functionality to allow potential clients to test the platform. For data security, Revitalyze utilizes Large Language Models (LLMs) hosted on a secure European cloud, ensuring customer data is not used for model training and is encrypted both at rest and in transit. The startup has received backing from investors such as AWS and Startup.Tirol, securing $200K in funding. It was also recognized by Cemex Ventures as one of the top 50 construction technology startups to watch in 2025.

Keywords: construction technology, document intelligence, generative AI, workflow automation, knowledge management, tender analysis, contract risk assessment, construction data analytics, AI assistant, project risk management, Life Cycle Assessment, LCA reporting, RFQ automation, circular economy construction, ConTech, PropTech, data integration, subcontractor management, construction bidding, project efficiency