The Nemetschek Group, a pioneer in software for the AEC/O and media industries, has made a strategic investment in Handoff, a fast-growing U.S.-based platform using AI to automate operations for contractors.
Founded in 2019, Handoff helps remodelers and small construction businesses streamline estimating, proposals, client management, and invoicing.
Handoff's go-to solution
With over 10,000 monthly active users and $6 billion in annualized project volume, Handoff has quickly become a go-to solution for contractors seeking greater efficiency and transparency.
The platform leverages real-time pricing data from top suppliers to automate back-office tasks and deliver accurate project estimates instantly. Its intuitive design requires no complex setup, making it easy to adopt.
Nemetschek’s broader venture strategy
Nemetschek’s broader venture plan to accelerate creation and digital change across the construction
“Our mission is to put real-time construction data and smart AI agents in the hands of contractors,” said Dmitry Alexin, Founder and CEO of Handoff, adding “Partnering with Nemetschek validates our vision and will help us scale faster, reach more builders, and improve how homes are built.”
This investment supports Nemetschek’s broader venture strategy to accelerate innovation and digital transformation across the construction sector — particularly for small and medium-sized businesses.
Handoff’s product development
Tanja Kufner, Head of Startups & Venture Investments at Nemetschek Group, added: “Handoff is bringing powerful AI to a segment long underserved by traditional software. We’re excited to support their growth and advance digital efficiency in residential construction.”
The funding will accelerate Handoff’s product development, expand platform features, and drive international growth.
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