February 19, 2021

EdilGo, the startup accelerating the digital transformation of construction, closes a €300K round

EdilGo has closed a 300,000 euro investment round in which CDP Venture Capital Sgr through the Accelerators Fund, LVenture Group and the members of Italian Angels for Growth (IAG) participated.

EdilGo, the startup that has developed an e-procurement software for the construction industry that allows companies to receive quotes from the best suppliers, enabling significant savings in the purchase of materials and services, has closed a 300,000 euro investment round

Accelerated in 2020 by LUISS EnLabs, the startup accelerator of LVenture Group, EdilGo is a real online purchasing department for the supply of materials and services. The startup has developed a unique process that, thanks to artificial intelligence, makes listing fast and secure. Builders upload to EdilGo’s platform the technical bill of quantities, a complex document listing all the materials and services needed to complete a project. The software automatically recognises the items contained in the bill of materials and creates quotation requests which are sent to all registered suppliers. Once the bids are received, the builder compares them and chooses the one best suited to his needs based on a series of filters (rating, distance, certifications, etc.).