Kraaft, a Paris-based startup transforming the construction industry with its AI-powered collaboration platform, has raised €13 million in a Series A funding round to fuel product development and expand into key markets, including the UK and Germany.
The investment was led by Dawn Capital, with participation from Brick & Mortar Ventures, Chalfen Ventures, Stride VC, and OSS Ventures.
“We are thrilled to partner with Dawn Capital, Brick & Mortar, and our previous investors who share our vision of empowering frontline construction workers through our easy-to-use, fun, and productivity-enhancing app,” said Thomas Reygagne, Co-founder and CEO at Kraaft. “Our rapid growth demonstrates the appetite for a platform that bridges the gap between field and office. With this funding, we’re set to redefine how construction teams collaborate globally. Construction has been left behind by tech innovation for too long, and we are here to simultaneously improve working lives and transform productivity in the sector.”
Founded in 2020 by Marc Nègre, Cédric Boidin, and Thomas Reygagne, Kraaft addresses long-standing inefficiencies in construction. The Kraaft platform reconciles field and office operations through real-time communication, integrating features like photo geolocation, document management, and AI-driven workflows.
The construction sector, which represented €12.5 trillion in global output in 2023, is notoriously slow in adopting technology, with IT spending of only 1–2% of revenue compared to the 3–5% seen in other industries.
Kraaft’s success lies in its ease of use. Inspired by messaging apps like WhatsApp, its intuitive interface requires no user training, ensuring seamless adoption by frontline workers.
Since its €3.2 million Seed round in 2023, as reported by EU-Startups, Kraaft has tripled its user base, now serving over 1,000 companies and facilitating more than one million messages monthly. The platform supports five languages—English, Spanish, German, Italian, and French—and has signed agreements with leading European construction firms such as SAUR, NGE, SPIE CityNetworks, Ramery, Serfim, Sade, and Gagneraud.
“Despite giant machines and space age materials, construction is powered by people. Many of them. In fact one in every ten humans works in construction,” said Norman Fiore, Co-founder and General Partner at Dawn Capital. “So success in construction means success in making working lives easier. And we believe Thomas, Marc and Cédric have built the right, powerful solution, which is seamless to adopt and loved by workers and managers alike.”
In addition to serving enterprise customers, Kraaft offers a free plan tailored for small businesses, aiming to provide accessibility across the construction ecosystem. The platform has delivered tangible results, including a reported 15% improvement in handling change orders, directly boosting project margins.
Looking ahead, Kraaft plans to introduce new features in 2025, including planning and timesheets for project management, API integrations with platforms like Procore, and AI-driven automation tools to enhance productivity further.
“Messaging is eating the world, and we’ve shown that a simple, intuitive tool like Kraaft can deliver amazing results in an industry that’s been slow to go digital,” said Marc Nègre, co-founder and CPO at Kraaft. “Whenever foremen praise the app as the easiest to use on the App Store, our team is delighted. We’re incredibly excited for what this next stage of growth means for our users.”
Guillaume Bazouin, Partner at Brick & Mortar Ventures, adds, “Kraaft is transforming the construction industry by bridging the gap between field and office operations. We invested because Kraaft replaces outdated tools with an intuitive, purpose-built platform that enhances collaboration, boosts productivity, and improves project margins. We’re excited to support the team as they scale globally.”
Kraaft’s adoption during the COVID-19 pandemic, where workers in France leveraged the app to improve communication and manage field operations, highlights its potential in innovating the construction sector.