Funding

A New Chapter for Findable: Announcing Our €9 Million Series A

Findable Team 3 min read

Findable Founding Team From left: Findable founders Fredrik Halmøy Wisløff (CEO), Knut O. Hellan, Lars Aurdal, and Sondre Malde Pedersen.

We are thrilled to announce that Findable has raised €9 million in Series A funding. This milestone marks a new chapter in our journey to automate building documentation and transform the real estate industry with artificial intelligence.

The round was led by Point Nine, with participation from KOMPAS VC, Construct Venture, Malling & Co Venture, and Lake Eight. We are incredibly grateful for their support and belief in our mission.

The Problem: Drowning in Documents

The building sector accounts for over 40% of global greenhouse gas emissions. Yet, for facility managers and property owners, managing the documentation needed to operate these buildings efficiently is a nightmare. Documents are often spread across ring binders, dusty servers, and endless email chains.

Inefficient documentation costs building owners significantly each year and poses serious safety risks, as highlighted by tragic incidents like the Grenfell Tower fire. New regulations like the Building Safety Act and the EU Energy Performance Directive are demanding better compliance, but the industry is struggling to keep up with manual processes.

Our Solution: AI-Powered Organization

Findable acts as a “Google for your building documentation.” Our AI platform automatically categorizes, organizes, and makes documents instantly searchable. Tasks that used to take days or weeks can now be completed in minutes.

To date, we have processed over 2 million documents and organized more than 15 million pages. We’ve onboarded over 60 new clients in 2024 alone, doubling our workforce to meet the demand.

“In recent years, we’ve witnessed large-scale building accidents due to inadequate compliance. We are committed to creating a solution that eases the regulatory burden for the property sector and can be implemented proactively to prevent these tragic incidents.” — Fredrik Halmøy Wisløff, CEO

What This Funding Means

This €9 million investment will allow us to:

  • Accelerate Product Development: We will continue to enhance our AI capabilities to provide even deeper insights and automation for facility management.
  • Expand Internationally: We are scaling our operations, with a major focus on expanding into the UK market and beyond.
  • Grow Our Team: We are hiring talented individuals who are passionate about technology and the built environment.

We are excited about the future and the impact we can make on the safety, sustainability, and efficiency of the built environment. Thank you to our team, customers, and investors for being part of this journey.