Small and medium-sized construction businesses in Europe and the U.S. tend not to be run on digital platforms, leaving a $1.6 trillion industry relatively untouched. Publicly listed Procore (NYSE: PCOR) is the go-to platform for large general contractors, but newer startups are going for this SMB construction market such as SiteMax, Sitemate, FieldLens and Fieldwire.

Now, the Remato construction management platform is joining them with a $1.7 million seed investment round, led by London-based Passion Capital.

Additional investors in the financing round include founders and early team members of Pipedrive along with venture funds Superangel, Lemonade Stand, Spring Capital and Kaamos Group (a long-standing property developer and general contractor). The new investment brings Remato’s total funding up to $2.5 million. Remato currently has customers in the Nordics and Baltics.

Founded in 2018, Remato says its platform allows field contractors to plan and manage budgets, labor, materials and equipment in one app. The company says it is growing steadily at 10%-15% MoM with a mobile-first user experience and now has 1,700 daily active users.

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