Aussie Angels reposted this
We're proud to announce we've secured $3m in funding to accelerate our mission at SPEC Toolbox! 🚀 We are beyond excited for what this means for our customers and our team. We've been working passionately for a few years now, and the traction shows we're on the right track. We’ve established a foothold across ANZ, Europe & North America with strong engineering adoption and the backing of leading suppliers. The "SPEC gap" is a key bottleneck for innovation. We're pouring everything we've got into solving this to improve the construction industry. We want better options for designers and a level playing field where products stand on merit. Most would say that it’s difficult to have competing suppliers listed next to each other. However, it's the industry's intent to collaborate with a "grow the pie" mindset that makes this space so special. A huge thanks to our very first engineers who jumped on the platform and started giving us feedback immediately. And to our supplier partners who backed us from the very beginning. This funding enables us to take things to the next level in bridging the gap between innovative product suppliers and engineers who are excited to design differently. We also have a major product roadmap being worked on behind the scenes that we're excited to unveil . We'd like to thank our lead investors for this Pre-Series A round: Investible and Black Nova Venture Capital. And the incredible support from Giant Leap, Archangel Ventures, Impact Ventures, Flying Fox Ventures, Gravel Road Ventures, Understorey, Exhort Ventures, Electrifi Ventures, EnergyLab & Australian Venture Partners. This is a cap table that we're all super proud of. The Australian investor landscape is supportive and full of great people who are excited by our mission. Team Toolbox is excited for what's next. 🏗️ #SPECToolbox #MassTimber #ConstructionTech #Startup #FundingNews