- FenestraPro provides some of the world’s largest architecture and design firms with facade design software to optimize overall building performance
- Early adopters of Irish tech innovator FenestraPro include AECOM, Page/, and Skidmore Owings & Merrill
Dublin, April 11, 2019: FenestraPro, the Dublin-based software company which provides software applications for the design of more energy efficient building façades, has announced a €1.2m seed funding round. Investors include Proptech VC Pi Labs, Enterprise Ireland, and US AEC software distribution firm Applied Software.
FenestraPro for Revit©, which is fully integratable with Autodesk’s leading Building Information Modeling Software, enables architects to design environmentally efficient building facades more cost-effectively. Since launching the platform in 2017, six of the top ten global architectural firms, such as AECOM, Page/, and Skidmore Owings & Merrill have used FenestraPro on large-scale projects such as Kuwait’s new International Airport Terminal.
This seed funding brings the total raised since the company was founded in 2013 to almost €2m. The current round of funding will be used to accelerate the growth of FenestraPro’s client base in the US, Ireland, UK, and Scandinavian markets, as well as for the continued development of a new platform for facade manufacturers.
“We are really excited about this juncture in the business. The value of FenestraPro is being realised and accepted by some of the leading firms in the world as we see it adopted into their mainstream design workflows.
We are delighted with the continued support of our existing shareholders, who are very behind what we are doing, plus we are looking forward to the same level of support from our new shareholders, who bring with them significant industry experience that will support our collective goals. We will continue to invest in our SaaS strategy which will allow us to expand our offerings globally”.David Palmer, co-founder & CEO of FenestraPro
FenestraPro is currently working with some of the leading facade component manufacturers and released FenestraPro Linc Beta, which will provide access to live facade component manufacturer’s data focused around their performance characteristics. Focused on Glazing & Curtain Wall Systems in the near term, Linc will enable users to select the most appropriate components based on their environmental performance credentials.
“FenestraPro has been transformational for us, empowering our architects to quickly design and deliver beautiful, functional buildings that also achieve the energy performance requirements that have become part of our ethos at Page.
These kind of benefits ultimately make a difference to us in impacting the way that people work and live.”Robert Phinney, Director of Sustainable Design, Page/
Dominic Wilson, Managing Partner at Pi Labs, added “We are at a tipping point with cloud based software now optimising building efficiencies at scale. FenestraPro is leading this charge, and this new capital injection cements Pi Labs’ commitment to supporting innovative proptech enterprises not only in the UK, but globally. FenestraPro has an outstanding team and is at a critical point of growth and market expansion. With this new funding, we look forward to supporting the expansion of its exceptional client base in Europe and beyond.’‘
In order to accelerate market penetration in the US, Ireland & UK and Scandinavia and continue to develop state of the art solutions for our users, manufacturers and ultimately fabricators FenestraPro will continue to raise further additional funding in the coming months. In addition to their Industry Partnership with leading AEC software solutions company Autodesk, FenestraPro will also be announcing further strategic partnerships to bring their tools to a wider audience globally.
FenestraPro is a façade design platform in BIM created to identify sustainable solutions and optimizations for more efficient building performance. FenestraPro is an Autodesk Industry Partner and works closely with some of the leading architectural practices and industry experts internationally to optimise its development of functionality and usability.
For more information visit www.fenestrapro.com.
About Pi Labs
Pi Labs is Europe’s first VC firm to focus exclusively on proptech investments. It has established itself as a pre-eminent global leader in the early stage domain in this vertical. To date, it has made 44 investments including Airsorted, Land Insight and Plentific. Pi Labs is global in its focus – it has backed founders from 25 different nationalities. To date, its portfolio companies have raised over $140m.
About Enterprise Ireland
Enterprise Ireland is an Irish state economic development agency focused on helping Irish-owned business deliver new export sales. As the government organisation responsible for the development and growth of Irish enterprises in world markets they work in partnership with Irish enterprises to help them start, grow, innovate and win export sales to support sustainable economic growth, regional development and secure employment in Ireland.
About Applied Software
Applied Software specialises in bridging the technology divide from product to productivity no matter in the AEC industry. Since 1982, Applied Software has grown to become one of the largest AEC, MEP Fabrication, Construction and Manufacturing system integrators in North America. Applied software is the leading distributor of FenestraPro in the US.