Estonian tech company Remato raises $530K to develop its platform

Tartu-based Remato, the modern software for construction companies, has raised $530K from Lemonade Stand, Thorgate Ventures, Zenith Family Office, Remato clients, and well-known business angels such as founders of Bolt (Martin Villing), founders of Pipedrive (Martin Tajur and Martin Henk), and others.

Founded in 2018 by Madis Lehtmets and Ranno Käomägi, Remato is aimed to make construction management stress-free. The Remato team develops software for small and medium-sized construction companies to manage their staff, tasks, and budget.

The company will use the raised funds for developing its management platform and mobile app. Into account, Remato raised its first capital of $175K from Superangel, an Estonian venture capital fund, in 2019.

Madis Lehtmets, the CEO of Remato, says:

“Our goal is to digitize that part of the construction that has been largely ignored for a long time. We want to help companies who build and maintain our physical world.”