Xpanner Inc. | Contech as a Service B2B

 

Quick Information

Name of Startup: Xpanner Inc.
Year Founded: 2022
Website: Xpanner.com
Type of company: Contech as a Service B2B
HQ Location: Seoul, Korea

Startup Founders:

Henri Myeonghan Lee
David Heungju Shin

Startup one-liner:

Xpanner(Builtworlds Top 50), digital contech site solution, not only can bring productivity improvement(by 15% average), management efficency, safety and ESG improvement through our smart integration of conTech disparate products.

Problem the startup solves:

Problem that the construction site faces today:
1) ConTech adoption is slow due to lack of operators, installers, and tech support
2) Yet, new contechs continue to hit the market, disparate and fragmented
3) Resulting speed complexity of change is unlike anything the industry has faced before

To solve such problems, Xpanner provdes:
1) Platform based partnership to facilitate adoption with knowledge, expertise, and products
2) Integration of ConTech products to harness the collective benefits of new innovation
3) ConTech as a Service TaaS to increase accessibility and value to users

= Saves ~15% of project cost average

Progress and current status:

Progress:
– USD 5M+ in ARR (within 2 years of incorporation)
– 150+ international partnerships

Current status:

– Raising USD 10M Series A round

What is a crazy story about the startup?:

• Builtwords 2022 Top 50.
• Shinhan Hero Day 2022 Top 2

What is a company the startup looks up to, and why?:

Making the useful usable

The company in four years will be…

Series C

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