Oslo-based AI start-up Findable has raised €9m in a Series A funding round to support its expansion to new markets and grow its team
Findable uses AI to automate the sorting and filtering of complex building documentation.
In 2024, the company has signed more than 60 new clients, processed over 2m documents, and doubled its headcount.
The funding round was led by Point Nine, with participation from KOMPAS VC, Construct Venture and Lake Eight.
Automating building documentation through AI
Facilities managers often have to deal with essential information being spread across ring binders, paper files, servers, USB sticks and emails. This makes finding what is needed a time-consuming manual process.
Yet securely storing and organizing these documents is crucial for compliance, routine facility management, inspections and certification processes.
Automating building documentation management though AI helps owners, operators and contractors save time and money. By simplifying access to critical insights, Findable aims to support more strategic decision-making, such as prioritizing maintenance needs and ensuring regulatory compliance.
Cutting carbon footprint
Findable offers a solution to the built environment’s carbon footprint, which accounts for over 40% of global greenhouse gas emissions.
By providing easy access to accurate documentation, asset managers can minimize environmental impact through better building maintenance and longer building lifespans.
It also streamlines applications for environmental certifications, contributing to sustainability goals.
Sustainability laws
The need for improved building documentation has become apparent with new building and sustainability laws being implemented across Europe.
The UK has recently brought the Building Safety Act into effect to improve safety standards of new construction projects, and the EU has recently passed the Energy Performance of Buildings Directive, which aims to achieve a decarbonised building stock by 2050.
Findable’s platform allows users to mitigate risk and adapt to evolving regulations by providing access to high-quality building documentation.
Fredrik Halmøy Wisløff, CEO at Findable, said: “In recent years, we’ve witnessed large-scale building accidents due to inadequate compliance. We are committed to creating a solution that eases the regulatory burden for the property sector and can be implemented proactively to prevent these tragic incidents.
“With this funding and support from our investors, we will double down on technological developments that will help create safer and more sustainable buildings across Europe.”
