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, including lead investor Ariel Maislos. In June 2022, ConWize secured $2.8 million to support its expansion into the European market.
Business overview
ConWize provides a cloud-based bidding and estimation platform designed to streamline processes for general contractors and subcontractors. The company's core technology offers an operational solution that includes on-demand services for construction sites, digitization of business processes, and automated comparison and analysis of subcontractor price estimates. ConWize serves the construction industry, operating within the Industrial Technologies sector with a focus on operational optimization solutions and enterprise software applications.
Strategic signal
In June 2022, ConWize announced a $2.8 million funding round specifically aimed at expanding its operations into Europe. This strategic move signals the company's intent to capture a larger market share beyond its current base, indicating a strong growth trajectory and confidence in its platform's scalability within the European construction sector. For investors, this highlights a clear market expansion strategy and potential for increased revenue streams.
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.