NewsBite

Exclusive

Investors look for billion dollar Aconex repeat as Mastt secures $9.5m

Paul Smith
Paul SmithTechnology editor

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

The co-founder and chief executive of construction technology software start-up Mastt has earmarked expansion in the US and Middle East as top priorities, as a booming construction sector and rapid revenue growth has led investors – including the founders of big money local success story Aconex – to pour almost $10 million into the company.

The $9.5 million funding round comes a year after it closed a $2.2 million funding round. The latest was led by venture capital firm OIF (Our Innovation Fund) Ventures, with money also from Artesian, Significant Early Venture Capital, Investible and Gravel Road Ventures, and the fund of Aconex co-founders Rob Phillpot and Leigh Jasper.

Loading...
Paul Smith edits the technology coverage and has been a leading writer on the sector for 20 years. He covers big tech, business use of tech, the fast-growing Australian tech industry and start-ups, telecommunications and national innovation policy. Connect with Paul on Twitter. Email Paul at psmith@afr.com

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Read More

Latest In Technology

Fetching latest articles

Most Viewed In Technology

    Original URL: https://www.afr.com/technology/investors-look-for-billion-dollar-aconex-repeat-as-mastt-secures-9-5m-20220302-p5a15m