Plancraft, an AI-driven software company for craftsmen, has raised €38 million in Series B funding to expand its market presence and enhance its digital solutions across Europe.

Target Information

Plancraft, founded in 2020 and headquartered in Hamburg, Germany, is a pioneering software company specializing in AI-driven solutions for craftsmen. Their platform serves approximately 20,000 contractor businesses across Europe, streamlining essential processes such as quoting, time tracking, project documentation, and communication. With a strong focus on innovation, Plancraft aims to enhance efficiency, ultimately creating more value for craftsmen by minimizing administrative tasks.

Recently, Plancraft successfully closed a Series B funding round, securing €38 million from prominent investors, including Headline, HTGF, and Creandum. This funding will facilitate their ambitious expansion plans to solidify their position as a European Contractor Operating System, capitalizing on the growing demand for digital solutions in the construction industry.

Industry Overview in Germany

The construction industry in Germany is facing significant challenges, including a shortage of skilled labor and increasing pressure to meet climate change objectives. These factors have catalyzed a shi