Volve
Volve47
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What does Volve do?
Volve is a Norwegian construction technology company that develops an intelligence platform for contractors and public-sector clients involved in tendering and preconstruction. The platform uses AI to analyze tender and contract documents, map relationships between requirements, project scope, and potential risks, and provide structured insights to support commercial decisions before construction begins. It aims to reduce review times and improve decision-making by transforming unstructured info…
Is Volve trustworthy and reputable?
StartupHub's Data Trust & Reputation score for Volve is 43 out of 100, based on site security posture and privacy practices.
What is Volve's valuation?
StartupHub estimates Volve's effective valuation at $11.8M (range $7.5M to $18.0M, 22% confidence), based on comparable companies in the sector.
How much funding has Volve raised?
Volve has raised a total of $3M in funding. The most recent round on record is Seed.
Where is Volve headquartered?
Volve is headquartered in Oslo, Norway.
When was Volve founded?
Volve was founded in 2024.
What industry does Volve operate in?
Volve operates in Construction Technology, Artificial Intelligence, Proptech, Construction Tech, AI Agent, Document Management.
How many employees does Volve have?
Volve has approximately 14 people on record.
Volve has announced a collaboration with Skanska on AI in construction, indicating Skanska is a potential or existing client for their tendering and preconstruction intelligence platform.
OBOS Ventures participated in Volve's seed funding round, and Daniel Kjørberg Siraj, former CEO of OBOS, is an angel investor, suggesting OBOS could be a client or partner for Volve's construction intelligence platform.
Volve's co-founder and CEO, Herman Smith, previously served as chief digital officer at Multiconsult, indicating familiarity with the needs of large engineering consultancies in construction and preconstruction.
Buyer fit inferred by StartupHub from what Volve sells and public signals about each company. Only rows badged "already a customer" are confirmed relationships.
Volvo Construction Equipment is actively investing in digital and data-driven solutions for the construction industry and could integrate Volve's AI-powered tendering platform to enhance its service offerings and improve efficiency for its
Precedent: Acquired a 22% ownership stake in VizaLogix, 2024
HoneyBook, an AI-powered business management platform for service professionals, could acquire Volve to expand its offerings into the construction sector, providing specialized tools for tendering and contract management to construction con
Globant, an AI-native technology services company, could acquire Volve to enhance its offerings in the construction technology sector, leveraging Volve's specialized AI platform for tendering and preconstruction.
Strategic fit inferred by StartupHub from each buyer's own acquisition history. No deal, approach or discussion is implied.
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