We are happy to announce that Mastt, a construction technology startup based in Sydney, has raised $9.5 million (AUD) in less than 12 months after its seed round!
It was a pleasure working with the Board and to advise Mastt on the cap raise.
Also, a special thanks to the existing investors Artesian, Significant Early Venture Capital, Investible and Gravel Road Ventures, and the new incoming OIF Ventures. It was a very pleasant experience working with them to close this round.
Mastt’s platform enables capital asset owners to gain visibility and real-time data across their portfolio and individual projects, enabling immediate decisions to prevent cost and time blowouts. Historically, this was done using papers and spreadsheets.
The cap raise will help Mastt, among other things, to invest more in machine learning capabilities to help infrastructure portfolio managers make faster decisions.