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Ynomia

Ynomia is on a mission to help close construction's digital divide.

Backed by

Brick & Mortar VenturesBrick & Mortar Ventures
Aura VenturesAura Ventures
Salta CapitalSalta Capital
Taronga VenturesTaronga Ventures
Rob PhillpotRob Phillpot

Raised 3.6M SEED on August 19, 2019

About

Ynomia is a Melbourne-based construction technology company developing a CSIRO-partnered product for building industry applications and planning to refine the product and expand into international markets.

Mission

Ynomia is a Melbourne-based construction startup developing a product in partnership with CSIRO. The company secured $3.6 million in seed funding to support product refinement and development. Investors include Aconex co-founder Rob Phillpot, US specialist VC Brick & Mortar Ventures, Aussie real estate technology investor Taronga Group, Aura Ventures, and Salta Capital (the venture arm of Salta Properties). The funds will allow Ynomia to continue working with CSIRO to refine and develop the product. Ynomia also plans to use the capital to begin expanding into overseas markets. Media coverage described the investor group as heavyweights and said the backing exceeded the founders' expectations.

Quick Facts

Founded

2017

Funding

SEED

Industry

Information Technology

Team Size

11-50

Headquarters

Melbourne, Victoria, Australia