July 2020: Building Radar presents new design
Building Radar will present the new design for the platform and homepage for the first time in July. The product has been further improved with, among other things, thumbnails of projects and more data depth.
March 2020: Building Radar has organized for the second time an event on digitalization and innovation in the construction industry - this time virtually
The Event “Digital Sales Circle” was held online. Top-class speakers shared their knowledge and best practice as well as news on the development of digital trends in the construction industry.
September 2019: €5 million for PropTech Start-up Building Radar
Building Radar successfully closes the Series A financing round of EUR 5 million. The new investors on board include coparion, FO Holding, PropTech1 Ventures and SIGNA Innovations.
August 2019: Building Radar is recorded in the Built World Innovation Contest 2019 as one of Europe’s Top 100 PropTech startups.
In this years “Built World Innovation Contest”, initiated by Builtworld, Europe's leading platform for connecting cross-disciplinary experts, Building Radar stood out above 500 other European PropTech start-ups and secured a place on the Top 100 map, in the category “Plan & Build”, accompanied by 18 other start-ups.
January 2019: Building Radar is selected the winner for being one of the most convincing start-up at the Digital Valley at the Bau 2019
At the “Bau 2019”, the biggest fair for the construction industry with 2.250 exhibitors and a quarter of a million visitors, Building Radar prevails against other start-ups that also were allowed to participate and compete in the Digital Valley, by presenting their ideas to digitally revolutionize the construction business.September 2018: Building Radars Algorithm now also supports English
At the end of September, the Building Radar algorithm learnt English and hereby tremendously extended its ability to analyse Websites. Since then approximately 10.500 relevant construction projects are added to our database every month. A first step towards conquering the big intercontinental market!
January 2018: More than two million articles have been searched for construction projects
Our AI-based algorithm just exceeded the barrier of 2.000.000 articles been searched for construction projects! All of them were analysed and about 136.000 were recorded for having relevant information concerning the planning or the development of a construction project.
October 2017: Microsoft Top 10 European Start-Ups Award
Microsoft selects Building Radar as one of the most promising European start-ups, with a prize award of €500.000 in services, plus mentoring by world leading entrepreneurs.
May 2017: +540% revenue growth within 12months
Thanks to loving customers Building Radar grows massively! Within one-year monthly turnover skyrockets and pays for over 30 employees. Unlike competitors, Building Radar uses a smart search algorithms. This allows detecting new construction projects worldwide at the earliest possible time, months before competitors.
May 2016: The first Version of Building Radar is launched
After one year of experimentation with a team of search algorithm, big data and satellite experts including Raoul Friedrich the team finally reached a breakthrough. By combining semantic search methodologies with data mining, machine learning, and artificial intelligence, the developed technology now spots new construction projects at the earliest time, before anyone else.
26. May, 2015: The idea is born & registered
Paul Indinger worked in the construction industry for years. When he explained to Leopold Neuerburg the painful process of construction project research (exhausting manual data research, unverified leads, and quickly out-dated data), they brainstormed whether there are smarter, more technologically-driven ways. Drawing on his prior work at Google Inc., Leo had an idea: why not use artificial intelligence to find new construction projects before anyone else? On 26.05.2015, together with Raoul Friedrich Building Radar was officially registered as legal entity under the registry number HRB218716 in Germany.
October 2015: ESA Copernicus Masters Award
The world's most important technology price for satellite application goes to Building Radar! Building Radar convinced the jury with its algorithm to use near-live satellite imagery to verify what is going on a construction site. Construction delays are immediately identified.
