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contech construction

Customer

Pioneer in the digitalization of the construction sector, Localteams deploys an innovative SaaS platform that connects contractors with installers for an efficient management of construction sites.

 

Their 360° platform developments include workflow automation, contract management, financing & payment solutions and other third-party services. 

The capital-intensive development of such an ambitious MVP required an adequate funding strategy, before exploring new strategic developments.

 

Key challenges: 

• Raise new money at pre-revenue stage

•Assess strategic options to grow and expand internationally

•Design a tailor-made ESG strategy

•Fuel innovation to survive and thrive in a market dominated by giants

Odyssey assisted this startup in its € 1 million pre-Seed funding round, successfully closed in 2022 mostly thanks to non-dilutive leverage.

 

We then released a detailed strategic report with actionable recos to enhance customer benefits: faster payments, efficiency improvements and legal risks mitigation.

Upon client’s request, our report also includes prospective recos in terms of sustainability, international growth, and new technology adoption (AI, blockchain).

Achievements

Challenges

Localteams

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