Preventio receives 1.35 million euros

The start-up wants to be able to predict building damage using artificial intelligence and use the money to expand its development team.

Frankfurt-based software startup Preventio has received €1.35 million in a pre-seed funding round. Growth investor Futury Capital led the round. In addition, the founder of venture capital firm Headline Andreas Haug, BMH Beteiligungs-Managementgesellschaft Hessen and business angels such as Christoph Benner, Marcus Laube and Alexander Jörger are participating in Preventio.

The company wants to predict building damage with the help of artificial intelligence - and thus potentially avoid damage worth billions. Other providers often rely on sensors. But these are usually expensive. In contrast, Preventio wants to use its AI solution to analyze data points from historical damage to predict the likelihood of line damage. There should then be no need to install sensors. This should enable building management companies to operate more efficiently and cost-effectively.

Preventio wants to use the money from the round to expand its research and development team and to further develop its so-called predictive maintenance platform: More specifically, it wants to transform a prototype into a scalable so-called software-as-a-service (SaaS) application.

The three fellow students Andreas Bechmann, Bledion Vladi and Frederic Büdel launched Preventio in 2021 as a research project at Accadis University in Bad Homburg. They collaborated with companies from industry in the process. In early 2022, Peter Yves Ruland joined as co-founder and Chief Technology Officer (CTO). He brings 20 years of experience at Microsoft and previously accompanied several start-ups in their development.