Findable Raises €9 Million Series A to Revolutionize Building Documentation with AI

Findable secures funding to streamline building safety and sustainability through AI-powered solutions.

Findable, a tech company founded by Knut, Lars, Sondre, and Fredrik, has raised €9 million in a Series A funding round. Led by Christoph Janz of Point Nine, with additional backing from KOMPAS, Construct Venture, Malling & Co Venture, and Lake Eight, the investment marks a significant milestone for the company as it continues its mission to make building information easily accessible throughout the lifecycle of a building. With more than 2 million processed documents to date, Findable is taking critical steps to address the challenges of building safety, sustainability, and operational efficiency.

Addressing Global Environmental Challenges

The built environment is responsible for over 40% of global greenhouse gas emissions. With increasing pressure to reduce this impact, and in the wake of tragic events like the Grenfell Tower fire, the importance of building documentation has never been more evident. Findable is determined to solve these challenges by providing a solution that ensures safer, more sustainable buildings. Proper documentation is at the heart of this effort, and Findable's platform offers an innovative way to manage the thousands of documents required to operate buildings efficiently and securely.

The Problem: Fragmented Documentation

Building owners and operators today face a difficult task—managing an overwhelming number of documents scattered across various formats. From physical ring binders and USB sticks to email attachments and disorganized digital files, this information is not easily searchable or manageable. The lack of efficiency in handling building documentation leads to delays, increased costs, and compromised safety. Findable’s AI-powered platform addresses this issue by transforming fragmented documentation into a structured, easily accessible format that meets the industry's growing demands.

Findable's AI-Driven Solution

Findable’s platform leverages artificial intelligence to bring order to chaos. By organizing, categorizing, and making documents instantly searchable, the platform allows users to meet regulatory requirements, improve sustainability efforts, and operate buildings more effectively. The AI capabilities reduce tasks that previously took days or weeks to mere minutes, allowing teams to make quicker, smarter decisions. Since its inception, Findable has processed over 15 million pages of building documents, providing users with a transformative tool for managing their assets.

Closing Documentation Gaps

One of Findable’s key innovations is its ability to highlight critical gaps in building documentation. For instance, the platform's automated categorization alerted one customer to a missing sprinkler category in their files, which could have otherwise gone unnoticed. Findable’s Red Flag report proactively identifies missing or incomplete documentation, enabling customers to address these issues before they escalate into significant problems. With the platform, building operators now have quick and effortless access to crucial information, whether they are in the office or on-site through Findable's mobile app.

Success Stories and Global Reach

Findable’s platform is already delivering remarkable results for its clients. Stavanger Municipality, for example, transitioned from relying on outdated ring binders and scattered digital files to having over 70,000 organized and searchable documents. Additionally, global enterprises like VELUX have integrated Findable’s system across their operations in 36 countries, enhancing their facility management processes and driving operational excellence. The platform is proving to be a game-changer for companies looking to streamline their documentation processes on a large scale.

Strategic Expansion into the UK Market

Findable's strategic expansion into the UK has been a key driver of its recent growth. The introduction of the Building Safety Act in 2022 has made compliance and safety more central than ever, and Findable is uniquely positioned to help UK companies navigate the complex regulatory landscape. The company is already partnering with leading clients in the UK to ensure their buildings are compliant, safer, and more sustainable. This expansion marks a significant step in Findable’s international growth strategy.

Partnership with Point Nine

The decision to partner with Point Nine for this Series A round was a strategic one. Christoph Janz and his team at Point Nine are renowned for their expertise in SaaS investments, particularly in the vertical AI space. Their experience in scaling businesses like Findable makes them the ideal partner for the next phase of the company’s journey. With their support, Findable is poised to expand its reach and capabilities, further solidifying its position as a leader in building documentation automation.

Looking to the Future

As Findable moves forward, the company is focused on expanding its product offerings and pushing the boundaries of building documentation automation. The founders believe that AI will play a crucial role in the future of building management, offering proactive solutions for safety, sustainability, and cost efficiency. Findable is also exploring opportunities to expand into new markets and grow its team, inviting individuals passionate about transforming the built environment to join them in this endeavor.

Findable’s €9 million Series A funding represents a pivotal moment in the company's journey. With the backing of Point Nine and other investors, the company is well-positioned to continue its mission of revolutionizing building documentation. As the team at Findable looks to the future, they remain committed to creating safer, more sustainable, and more efficient buildings. The journey is just beginning, and with their innovative AI-driven platform, Findable is set to make a lasting impact on the global built environment.