Industry/Technology: Business Optimization, CloudTech, construction, data analytics, Machine learning (ML)
Region – Europe
Founded: 2021
Technology: Software Development, Machine Learning, Analytics, CloudTech
Industry: Business Optimization, Construction
Problem solving
The digital platform Pragmacore enables efficient management of construction projects, minimizes risks at all stages, monitors deviations or advancements from planned timelines and budgets, and ensures construction quality control.
Value
- Downtime reduced from 10% to 5%
- Illiquid assets reduced from 5% to 1.2%
- Workforce optimization with fewer staff required
- Shortened demobilization periods
- Enhanced project liquidity through reduced Work in Progress (WIP)
Achievements
- Investment from an angel investor in the amount of 74 million rubles
- Participation in the Industrix acceleration program from Gazpromneft
- Finalist of the SPRINT-7 accelerator from Internet Initiatives Development Fund (iidf)
- Finalist of the international accelerator Sber500
If you have a similar solution and are looking for funding opportunities, check out our catalog of international competitions.