Company Overview
Snapshot
Founded in January 2019 by Dima Haikin, Ran Levi Sody, and Denis Umnov, ConWize operates with 1–10 employees. The company has raised $2.8 million across one funding round from 4 investors. In June 2022, ConWize secured $2.8 million in funding to support its expansion into the European market.
Business overview
ConWize offers a cloud-based bidding and estimation platform designed to streamline processes for general contractors and subcontractors. Its core technology provides an operational solution that includes on-demand services for construction sites, digitization of business processes, and automatic comparison and analysis of subcontractor price estimates. The company serves the construction industry, operating within the Industrial Technologies sector with a focus on Operational Optimization Solutions and Enterprise Solutions.
Strategic signal
In June 2022, ConWize successfully raised $2.8 million, specifically earmarked for expanding its operations into Europe. This strategic funding round signals the company's intent to capture a larger share of the construction technology market by extending its cloud-based bidding and estimation platform to new geographical regions, indicating a strong growth trajectory and market validation for its solutions.
Log in to access full profile ›Company Intelligence Q&A
- When was ConWize founded and by whom?
- ConWize was founded in January 2019 by Dima Haikin, Ran Levi Sody, and Denis Umnov.
- What was the purpose of ConWize's funding round in June 2022?
- In June 2022, ConWize raised $2.8 million to support its strategic expansion of operations into the European market.
- Which investors participated in ConWize's funding round?
- ConWize's funding round in June 2022 included participation from Ariel Maislos (lead investor) and Liad Agmon.
- What is ConWize's primary business model?
- ConWize operates with a B2B business model, providing its platform to other businesses in the construction sector.
- What is ConWize's primary sector and what does it offer?
- ConWize operates in the Industrial Technologies sector, offering a cloud-based bidding and estimation platform to simplify processes for general contractors and subcontractors.