Ghent, Belgium-based FixForm, a collaborative platform for building management and maintenance, has successfully raised €1.5 million in a recent funding round. The investment aims to propel the company’s international growth and further develop its AI-powered features.
Key Takeaways
- FixForm has secured €1.5 million in funding.
- The funds will be used for international expansion into new markets and enhancing its AI platform.
- The company has already resolved over 100,000 building issues.
Funding and Investors
The significant funding round saw participation from a diverse group of investors. Key contributors include Pitchdrive, Imec.istart, Delaware Ventures, and StarApps. The round was also bolstered by angel investors such as Lorenz Bogaert, Boris Bogaert, Wim Derkinderen, Koen Christiaens, Stefan Willems, and Dieter Willems. New investors Ben Schrauwen, Geoffroy De Cooman, and Kristof Dockers also joined, alongside financial institution Belfius Regio Aalst.
Strategic Use of Funds
FixForm plans to strategically deploy the newly acquired capital to accelerate its global reach. Active go-to-market campaigns are slated for the Netherlands, the United Kingdom, and the Nordic countries. Furthermore, the company intends to enhance its AI-powered platform. Future developments include leveraging collected data to calculate ESG, health, or building compliance scores, thereby identifying risks for customers and solidifying FixForm’s position as a comprehensive building management solution.
About FixForm
Founded in 2021 by Thomas Vanhumbeeck and Jan Abeel, FixForm streamlines facility maintenance by simplifying issue detection and reporting. The platform facilitates collaboration between building occupants, facility managers, technicians, and service providers. Users can report maintenance issues quickly and easily, often by scanning a QR code or using a web interface, without needing an app or login. The AI-enhanced system automatically routes reports to the appropriate personnel, reducing errors and manual ticket creation. FixForm has already addressed over 100,000 building defects across five countries, including the UK, Ireland, and the Czech Republic. Notable clients include nursing home groups Armonea and Careion, investment firm Buysse & Partners, real estate company Quares, AZ Maria Middelares hospital, and sports stadiums like KAA Gent and Club Brugge, as well as various cities and municipalities.
Sources
- FixForm Raises €1.5 Million in Funding, The SaaS News.
- Belgian building management startup FixForm lands €1.5M, Silicon Canals.