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Infobric at a glance
Infobric is a construction software company with the purpose of enabling a safe, resource-efficient, and sustainable construction industry. The company offers end-to-end construction software for workforce-, contractor-, equipment- and asset-management. The company was founded in 2004 and has become the market leader in Sweden, Norway, and the UK by delivering high-quality solutions. Infobric has also started to build a presence in several other countries.
- Year acquired
- 2019
- Revenue
- EUR 64.8m
- Location
- Sweden
- Employees
- 292
- Website
- https://infobric.no
- Investment theme
- Tech-Enabled Resilience
- SDG alignment
8, 9, 16
What are the challenges Infobric addresses
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> 20%
of all fatal accidents at work in the EU occurs in the construction industry
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35%
of the total waste generated in the EU comes from construction and demolition
How does Infobric help?
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Reality today
The construction industry is defined by high rates of workplace accidents, limited labor rights, and slow growth and low efficiency compared to other industries.
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Infobric approach
Infobric’s digital solutions radically improve the management of construction workers and equipment, helping reduce workplace accidents, fraud, and undocumented labor, while contributing to drive environmental impact for customers.
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Aspirational future
The construction industry is safe and supportive for workers, sustainable for the environment, and free of fraud with a higher degree of productivity.
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Who is impacted?
Infobric directly benefits individual workers with safety and task management tools. This empowers subcontractors and main contractors with better control and efficiency. Consequently, owners and developers see more transparent and compliant projects, indirectly fostering a more productive construction sector for society.
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Contribution
As one the most prominent players within construction tech in Northern Europe, Infobric supports the transition in the construction industry towards safety, efficiency, and sustainability.
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Risks to impact
Infobric manages personal data, making safeguarding data privacy and security paramount. While unlikely, the illicit use and back-solving of the software are potential scenarios for non-compliance with legislation.
Press release
Summa Equity announces the sale of its majority stake in Infobric to Stirling Square
Stockholm, 21th June 2023: Summa Equity, a purpose-driven thematic investment firm, today announces the sale of its majority stake in Infobric, a leading provider of software solutions for the European construction industry, to Stirling Square Capital Partners (“Stirling Square”) a pan-European mid-market private equity firm.