Metroc Secures €2 Million in Seed Round

by Kay Aloha Villamor in August 25th, 2023

Metroc, a Helsinki, Finland-based construction data platform with a database of properties, construction projects, and real estate deals, secured €2 million in seed funding.

The round was led by Lifeline Ventures, along with support from notable angel investors.

The funds will be used to develop and expand its market data platform across the Nordic countries and Europe. The company also plans to bolster its tech, sales, and marketing teams to support its growth initiatives.

Metroc develops AI solutions tailored for the construction industry. It aims to enhance efficiency and growth in construction by addressing data challenges with its platform. The data platform can assist companies in discovering projects and obtaining market analysis through autonomous real-time data gathering powered by industry-specific AI.

“For a long time, construction industry market data has been incomplete, out of date, and scattered across various platforms, resulting in construction companies being unable to find suitable projects, customers, and partners at the right time – leading to uncertainty for both businesses and end-customers,” says Jussi Virnala, CEO and founder of Metroc. “The platform provides construction companies with a comprehensive overview of upcoming projects, empowering them to navigate smoothly in this challenging environment."

Company: Metroc Oy

Raised: €2.0M

Round: Seed Round

Funding Month: August 2023

Lead Investors: Lifeline Ventures

Additional Investors:

Company Website:

Software Category: Construction Data Platform

About the Company: Founded in 2019 by Jussi Virnala, Metroc is a SaaS company that develops software for the construction industry. The company's platform leverages machine learning to combine available information to provide users with fresh, relevant, and actionable insights to act as a basis for future decisions, projects, and procurement. Metroc’s goal is to help digitalize the construction industry and be the number one software partner for our customers.


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