Austrian greentech startup roofSec closes Series A round
26 September, 2022, 14:19
The Linz-based greentech company roofSec has closed a new Series A round of undisclosed six-figure amount. The round was led by CFP GmbH and Ewald Wahlmüller, Brutkasten informs.
- Founded in 2016 by Thomas Stadler, roofSec develops the fully automated monitoring and leak detection system for all kinds of flat roofs. It starts working before water enters the inside of the building, thereby reducing an enormous amount of costs, expanding the lifespan of the roofs and having a positive impact on the environment.
- In 2018 roofSec completed the market and product research and launched its final solution. The roofSec system is especially important for green roofs and flat roofs with photovoltaic installations, to make them sustainable.
- According to the startup, the annual amount of damaged flat roofs is more than €110 million. CEO of the company, Thomas Stadler claims that roofSec technology will help change the situation by reducing the sum to a minimum.
“We anticipate that systems such as roofSec will soon become state-of-the-art and will be used in almost all flat roofs in the medium to long term,”Ewald Wahlmüller, one of the lead investors, says.
- roofSec will spend the fresh funding primarily to expand sales activities and to increase its brand awareness.