Partnering with Vestigas: The Future of Construction Digitalisation

When we first came across Vestigas, we knew they were onto something big. The construction industry is vast yet remains burdened by outdated, manual processes – nowhere more evident than in supply chain management. Delivery notes, still issued on paper, are essential for verifying materials, yet they often end up illegible, dirty, or lost. Most construction SMEs – particularly those with fewer than 50 employees – lack the digital infrastructure to manage this efficiently, relying instead on full-time staff to process endless paperwork. This isn’t just inefficient; it’s costly, prone to errors, and creates unnecessary bottlenecks. More frustratingly, once these paper records are accepted, disputing incorrect or incomplete deliveries becomes nearly impossible.

Vestigas cuts through this challenge with a fully digital, end-to-end solution that transforms the financial side of procurement – along with tracking and invoicing – into a seamless, automated process. Unlike many platforms that focus solely on construction site monitoring, Vestigas integrates directly into ERP systems, embedding itself within critical supply chain workflows. By doing so, it eliminates inefficiencies at their root, reducing administrative overhead, accelerating payments, and significantly improving accuracy.

The market potential is undeniable. SMEs make up the majority of the construction industry, and they urgently need digital solutions to stay competitive. Even capturing just 20% of the EU and US markets – based on adjusted average contract values – our estimation represents an €8bn opportunity. Vestigas isn’t just solving a problem; they’re addressing a multi-billion-euro inefficiency that has long held the industry back. And the early traction confirms they’re on the right path – in 2024 alone, Vestigas’ platform grew 10x.

Why Vestigas’ Model is Poised for Success

What sets Vestigas apart isn’t just its product – it’s the go-to-market strategy that fuels its adoption. By securing large general contractors (GCs) first, Vestigas unlocks a powerful network effect. Once major GCs come on board, their supplier networks follow, naturally pulling in SMEs – the ultimate target market – without the high cost of direct acquisition. Suppliers benefit from increased visibility and more predictable demand, while GCs gain access to a broader supplier base and a streamlined procurement process.

The result? A flywheel effect that accelerates adoption on both sides of the market.

This approach is already proving itself. Vestigas has secured many of Europe’s top general contractors – including DACH industry leaders STRABAG and GC Group – as customers, an impressive feat in a sector notorious for slow tech adoption. Their platform isn’t just a nice-to-have; it’s a must-have for companies struggling to manage procurement and invoicing at scale. And the results speak for themselves – Vestigas has demonstrated remarkable commercial traction, expanding its customer base at an exceptional rate. That kind of momentum doesn’t happen by accident – it’s a testament to the strength of the product and the clarity of its value proposition.

But beyond the technology, what truly convinced us to invest was the team.

Why Vestigas, Why Now

Paul, Julian, Nicolas and Yannick are exactly the kind of founders we look for – deeply knowledgeable, highly execution-driven, and obsessed with solving the right problem. Paul and Julian, in particular, have worked together for years at Academy Consult in Munich, leading consulting projects for large enterprises and SMEs in the construction space. This hands-on experience gave them an intimate understanding of the industry’s pain points – particularly the inefficiencies in procurement, conversion, and client upselling. Their ability to translate this expertise into a product that seamlessly fits into existing workflows is what sets them apart.

Beyond technical execution, they’re also building a company with strong cultural foundations. Their network and reputation in both Munich’s tech scene and the broader construction ecosystem will allow them to attract top-tier talent – something that’s critical in scaling a high-growth startup. We have no doubt they’ll continue to assemble a world-class team capable of delivering on their ambitious vision.

And the timing couldn’t be better. The construction industry is at an inflection point – margins are razor-thin, skilled labour is scarce, and a younger, more tech-savvy generation is beginning to take the reins. This shift, combined with growing pressure for efficiency, is creating the perfect storm for digital transformation. Unlike companies that tried (and failed) to digitise construction a few years ago, Vestigas is entering the market at exactly the right moment. They’re already seeing an uptick in inbound interest, and their sales cycles are shortening – a clear sign that the industry is ready to evolve.

Further, the German government’s €500bn investment in modernising industry infrastructure is creating fertile ground and strong incentives for widespread adoption. As digital transformation in construction moves from a “nice-to-have” to a necessity, Vestigas is perfectly positioned to capitalise on this shift.

Conclusion: A Bright Future for Vestigas

Vestigas isn’t just digitising an outdated process – it’s redefining how financial supply chains in construction work. The team’s deep industry knowledge, coupled with their ability to execute, has already led to impressive traction. We are excited to back Paul, Julian and Yannick as they continue their mission to modernise and optimise the construction supply chain.

As construction companies increasingly embrace digital solutions, we have no doubt that Vestigas will become a central player in the industry. Their impact will be felt across the supply chain – reducing inefficiencies, improving cost structures, and making procurement smarter and more scalable. The future of construction is digital, and Vestigas is leading the charge.