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Mastt

POWER TO THE PROJECTS - Fast, easy reporting, contract & payment tools for construction project owners

Backed by

ArtesianArtesian
Our Innovation FundOur Innovation Fund
InvestibleInvestible
Significant Early Venture CapitalSignificant Early Venture Capital
Gravel Road VenturesGravel Road Ventures
Chris PetersonChris Peterson
David JablonskiDavid Jablonski
Sean McCreanorSean McCreanor

Raised 6.86M EQUITY on March 16, 2022

About

Mastt is a cloud SaaS platform that consolidates documents for capital and infrastructure project owners and portfolio managers, providing real-time visibility, automated benchmarking, and reporting to prevent overruns.

Mission

Mastt offers a cloud SaaS platform that consolidates documents and data to give capital and infrastructure portfolio owners transparency and real-time analysis across portfolios and individual projects. The platform uses smart algorithms to partly automate benchmarking and reporting, enabling faster decisions to prevent cost and time blowouts. Mastt says it has quadrupled monthly recurring revenue and is now used across more than 500 global projects totalling over $25 billion in value. In the past year the company expanded remotely into the US and Middle East. The team plans to almost double headcount and invest in machine learning capabilities to drive predictive decision making and faster insights for infrastructure portfolio managers. Mastt offers a cloud SaaS platform that serves as a nerve centre for capital project owners, providing transparency and real-time analysis to prevent cost and time blowouts across portfolios. The product replaces manual collation of thousands of documents and spreadsheets, enabling granular, immediate decision‑making for asset owners and client‑side project managers. Mastt counts clients such as the Australian Army, Jacobs Engineering, RPS Group and Aurecon, and has supported nearly $10 billion worth of capital and infrastructure projects during the COVID‑19 pandemic. The company is supported by Microsoft and participated in Microsoft’s international Scale‑Up program. Mastt raised $2.2m to fuel growth and prepare for an overseas expansion tied to an expected infrastructure boom. The founders plan a remote global expansion in the second half of 2021 to scale the business beyond Australia. Founded in 2019, the team combines construction industry and engineering software experience.

Quick Facts

Founded

2019

Funding

EQUITY

Industry

Civil Engineering, Construction, Finance, Information Technology, Real Estate, SaaS, Software

Team Size

11-50

Headquarters

Sydney, New South Wales, Australia