Plancraft secures 12 million euros for the digitalization of the skilled trades
Marc Nemitz | 05.06.2024Plancraft receives 12 million euros in a financing round. The Hamburg-based startup wants to use the funds to drive digitalization in the skilled trades sector and expand beyond the DACH region.
Hamburg, June 05, 2024 - The Hamburg-based startup Plancraft has raised 12 million euros in a Series A financing round. The round was led by venture capital firm Creandum, which also supports well-known companies such as Klarna and Spotify. Plancraft intends to use the fresh capital to drive forward digitalization in the European skilled crafts sector.
Support for craft businesses
Plancraft offers a software solution that supports craft businesses in the digitalization of their work processes. The company helps to overcome challenges such as the shortage of skilled workers and bureaucracy. The software optimizes processes and makes business data more accessible. This saves companies time and resources that they can use for their actual work.
Big plans for the future
The skilled trades sector is in crisis: declining orders, a shortage of skilled workers and excessive bureaucratic requirements are causing problems for many companies.
Julian Wiedenhaus, CEO and co-founder of Plancraft
Plancraft intends to use the new capital to expand its market position. The company plans to expand beyond the DACH region and become the leading craftsman software in Europe. With Plancraft, craft businesses can reduce bureaucracy and work more efficiently. The high demand shows how important our solution is.
Customers confirm the benefits of the software. Jeroen Smeelen from Holzbau Lübber GmbH explains: "Without Plancraft, I would not have been able to overcome the challenges of the past year. The software simplifies many processes so that I can concentrate on my craft."
About Plancraft and Creandum
Plancraft was founded in February 2020 by Julian Wiedenhaus, Alexander Noll and Richard Keil. The company employs over 40 people and has more than 10,000 customers. To date, almost one billion euros in construction volume has been processed using the software. The solution includes functions such as invoicing, price calculation, construction site documentation and time recording. In 2022, we had already acquired successful financing round of Plancrafts wrote an article.
Creandum is a European venture capital firm with a portfolio of over 120 companies, including many successful technology companies. The firm supports companies from start-up to exit. As recently as April this year, we wrote about the participation of Creandum in Gilion was reported.
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