The funding will accelerate Visibuild’s product development to address the construction industry’s need for higher efficiency, quality assurance, and sustainable building practices.

With 21 per cent of construction costs lost to avoidable errors, Visibuild is driving a culture of accountability across the industry. Additionally, by tackling productivity challenges that often extend project timelines by 20 per cent, Visibuild improves efficiency by making quality a collaborative effort. Visibuild’s onsite quality checking tool helps subcontractors ensure they build to the right specifications, avoiding rework and costly errors.

Founded three years ago by software experts and seasoned construction professionals from global firms like Multiplex and Amazon, Visibuild partners with leading builders, developers and subcontractors to proactively address non-compliance, minimise costly errors and reduce rework and commercial risks. By alleviating these stresses, Visibuild is helping to address a significant burden for builders and restore consumer confidence in Australia’s construction industry.

Since launching, it has tracked 700 projects through its platform and currently has more than 1,800 companies using its software, as well as customers including BESIX Watpac, Built Environs (McConnell Dowell Group), Kapitol Group, Icon and Delta Group, with some clients already seeing defect costs more than halved. 

Visibuild has also capitalised on a surge of investment in hyperscale data centres, with Visibuild actively deployed across the majority of live projects nationwide, where quality failures are not an option.

“Visibuild’s mission is to set a new standard for quality assurance in the construction industry,” said Damien Quinn, Co-founder and CEO of Visibuild.

“Persistent productivity challenges, inefficiencies and cost overruns continue to burden the sector, often stemming from gaps in quality assurance practices. By fostering cultural change throughout the supply chain, we aim to elevate industry standards and improve outcomes for all stakeholders.”

“We’re thrilled to have Skip Capital’s support as we expand across Australia and into new markets. Their involvement in infrastructure investment and project management software aligns perfectly with our goals and will be valuable as we drive Visibuild’s growth globally.”

“Visibuild is tackling a critical challenge in construction, and their approach will bring real-time visibility and accountability to building sites around the country,” said Kim Jackson, CEO and Co-founder of Skip Capital. “The scale of the opportunity before the team is vast, and we’re excited to be on this journey with Visibuild as they expand their reach and impact across the construction landscape.”

For more information, please visit www.visibuild.com.au

About Visibuild

Visibuild is an Australian SaaS business, with a mobile app and web platform that uses compliance and quality assurance workflows as a means of broader project management on construction projects. Founded in Melbourne, the company is determined to reduce error in construction globally by working with leading Subcontractors, Builders and Property Developers.

About Skip Capital

Skip Capital is an Australian private investment company and one of Australia’s largest family offices. Skip Capital is a long-term investor in high growth technology and future-aware essential infrastructure across a multi decade horizon. With founder friendly, flexible capital, Skip Capital has an established history supporting management teams to innovate and grow. Some of Skip Capital’s other notable venture investments include: Canva, Airwallex, Figma, CultureAmp and 1Password.