Newforma

What Newforma does

Newforma is a privately held vertical software company providing project information management (PIM) software to architecture, engineering, construction, and owner (AECO) firms. Founded in 2003 and headquartered in Manchester, New Hampshire, with an executive office in Boston, the company sells into large enterprise customers including Foster + Partners, HOK, DPR Construction, Arcadis, WSP, Vinci Construction, and Bouygues Construction. Newforma reports approximately 4.5 million platform users managing 20 million projects globally.

The company's product portfolio comprises three deployment options for similar core workflows: Newforma Konekt, a cloud-hosted platform with AI-powered capabilities (Smart Email Filing, Smart Search, Vojo assistant) and modules for BIM coordination, contract administration, document control, file management, project email, and aggregate search; Newforma Project Center, a server-based on-premises PIM solution with search, contract administration, document control, field management, and file sharing; and Newforma ConstructEx, a cloud-hosted construction management product for general contractors focused on RFI and submittal management. The platform is built on an agentic AI framework developed on AWS, with open APIs and MCP servers supporting third-party integrations and Bring Your Own LLM workflows. Notable integrations include Procore, Bluebeam, Egnyte, Microsoft Teams, and OFCDESK.

Newforma generates revenue primarily through software subscriptions (cloud SaaS for Konekt and ConstructEx, on-premise licensing for Project Center) sold via direct enterprise field sales and a strategic channel partnership with TD SYNNEX Datech. Pricing is quote-based with no public price list. The company also pursues revenue-adjacent channels including an App Marketplace for connectors, the annual Newforma World conference, and a Construction Administration ROI Calculator. Geographic footprint spans the United States, Canada, the United Kingdom, Germany, Singapore, and Australia, with offices in each region and reseller coverage extending into the Middle East.

Name

Newforma

Legal name

Newforma, Inc.

Website

https://newforma.com

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

101–250 employees

Short description

Newforma provides cloud and on-premise project information management software for architecture, engineering, construction, and owner (AECO) firms, with AI-powered search, email filing, and the Vojo assistant built on an AWS-based agentic framework and integrated with Procore, Bluebeam, and Microsoft Teams.

Ownership category

akta.pro rank

Product category

AECO Project Information Management Software

NAICS

Software Publishers (513210), Computer Systems Design and Related Services (54151), Computer Systems Design and Related Services (5415)

SIC

Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Managed Application Platforms (App PaaS & Runtime Services) (HDABAAAD)

akta.pro secondary industries

AI/ML Engineering & Model Development Services (BPAEAHAF), Advanced Analytics & Data Science Services (BPAEAHAE)

Keywords

• Construction project management
• Project information management
• BIM coordination software
• AECO collaboration platform
• Construction document control

Headquarters

HQ city

Boston

HQ country

United States

HQ region

North America

Offices8 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Software Subscriptions (SaaS / On-Premise Licenses): Newforma derives revenue primarily from software subscriptions. The company offers cloud-hosted solutions (Newforma Konekt, Newforma ConstructEx) on a subscription/SaaS model and server-based on-premises software (Newforma Project Center). Subscription plans are available in tiers with different capabilities. The company operates a 'cloud-first, not cloud-forced' approach supporting both cloud and on-premise deployments.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

Newforma develops and sells project information management (PIM) software for the Architecture, Engineering, Construction, and Owner (AECO) industry. Its portfolio includes Newforma Konekt (cloud-hosted PIM), Newforma Project Center (on-premise server-based PIM), and Newforma ConstructEx (cloud construction management for general contractors), enabling AECO teams to locate, organize, report, and act on project information across RFIs, submittals, BIM models, documents, and project email.

Product overview

Newforma offers a three-product portfolio for Architecture, Engineering, Construction, and Owner (AECO) project information management: Newforma Konekt (cloud-based), Newforma Project Center (on-premises/server-based), and Newforma ConstructEx (cloud-based for general contractors). The products share a unified project information approach connecting data across solutions teams use today, providing a single view of truth without replacing existing systems. Konekt and Project Center target similar core workflows (BIM coordination, document control, contract administration, RFI/submittal management) but differ in deployment model, while ConstructEx is tailored for general contractors. AI capabilities including Smart Email Filing, Smart Search, and Vojo assistant are being integrated across the platform, built on an AWS-based agentic framework. The company also provides an App Marketplace with connectors to third-party tools like Procore, Bluebeam, Egnyte, and Microsoft Teams.

Differentiator

Problem solved

Functional benefit

Brands

• Newforma Konekt: Cloud-based project information management platform for AECO industry, featuring AI-powered capabilities, BIM coordination, file management, project email, aggregate search, 2D/3D viewing, contract administration, document control, mobile companion app, and data analytics.
• Newforma Project Center
• Newforma ConstructEx

Products and services

• Newforma Konekt Cloud-hosted project information management platform for AECO teams offering real-time collaboration, unified project records, BIM coordination, file management, project email, aggregate search, 2D/3D viewing, contract administration, document control, and a mobile companion app with AI-powered capabilities.
• Newforma Project Center Server-based on-premises project information management platform providing control, security, and accessibility for organizations that require on-premise deployment, with cross-application unified views, searchable project email, contract administration, document control, field management, and file sharing.
• Newforma ConstructEx Cloud-hosted construction management software for general contractors focusing on RFI and submittal management, document control, field management, and file sharing with role-based automated workflows.
• Vojo Conversational AI assistant for AECO project information that accepts plain-language queries, locates submittals, summarizes RFI thread histories, surfaces outstanding action items, and performs AI-driven BIM analysis grounded in project data.
• Newforma Konekt Info Track Module Module within Newforma Konekt for tracking project information and deliverables, distributed via TD SYNNEX Datech reseller channels.

Quantifiable outcome

• Reduces RFI and submittal response times by approximately 50% when integrating Newforma Konekt with Procore.
• +3 more outcomes

Named customers23 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

AI capability5 records

Feature9 records

Partnerships

Three partnerships are on record, tiered core.

• TD SYNNEX DatechcoreChannel Partner/ Reseller/ Distributor · 2 September 2025Newforma announced a strategic channel partnership with Datech, the specialist design software business of TD SYNNEX, making TD SYNNEX an official distributor of Newforma's solutions. Under the agreement, Newforma's suite of solutions including Newforma Konekt and the Newforma Konekt Info Track module are available through TD SYNNEX's extensive reseller channels across North America, Europe, the Middle East and beyond. The partnership aims to expand Newforma's geographic reach and provide AECO firms easier access to cloud-based project management and collaboration tools.
• Amazon Web Services (AWS)coreTechnology or IntegrationStrategic collaboration with AWS for infrastructure, AI innovation, and cloud architecture. Newforma leverages AWS technologies to enhance AI capabilities (Vojo AI assistant, Smart Email Filing, Smart Search) and improve workflows for global AEC/O customers. The agentic AI framework powering Newforma's AI capabilities is developed on AWS.
• ProcorecoreTechnology or IntegrationProcore Connectors for Newforma Konekt and Newforma Project Center enable bi-directional data flow between platforms, reducing redundant data entry and saving an average of 12 minutes per RFI or submittal processed. Featured prominently in customer case studies showing ~50% reduction in response times.

Scale indicators9 records

Recent moves8 records

Expansion highlights7 records

Direct peers

• Procore Technologies: The dominant cloud-based construction management platform for general contractors and owners. Overlaps with Newforma on RFI/submittal workflows, document control, and project email/records, and is also Newforma's deepest integration partner, making it both a competitor and a strategic channel.
• Autodesk Construction Cloud: Autodesk's AEC portfolio (BIM 360, Autodesk Docs, Assemble, BuildingConnected) provides document management, BIM coordination, and project information workflows directly competitive with Newforma Konekt and Newforma Project Center.
• Oracle Aconex: Long-standing document control, RFI, and transmittal management platform for large infrastructure and commercial construction projects. Targets the same enterprise AECO buyer as Newforma and competes head-to-head on multi-stakeholder project information management.
• Bentley Systems (ProjectWise): Bentley's ProjectWise offers document management, BIM coordination, and project collaboration for large infrastructure and engineering firms. Comparable to Newforma Project Center for engineering-intensive AECO organizations.
• Trimble Connect: Trimble's cloud collaboration platform centralizes project data, models, and documents across AEC teams. Competes directly with Newforma Konekt's file management, BIM coordination, and cross-project aggregate search capabilities.
• Asite: UK-headquartered common data environment (CDE) platform for construction and infrastructure projects. Overlaps with Newforma on document control, RFI/submittal management, and BIM collaboration, particularly in European markets.

Broad incumbents

• Bluebeam (Nemetschek Group): A Nemetschek-owned PDF markup, design collaboration, and project documentation platform widely used across AEC. Competes in document review/markup and increasingly in collaborative workflows, with deep overlap to Newforma's document control use cases.
• e-Builder (Trimble): Trimble-owned capital program and project management platform focused on owners and program managers. Overlaps with Newforma's owner/operator segment on document control, contract administration, and reporting workflows.
• Viewpoint (Trimble Vista): Trimble-owned ERP and project management suite for mid-market and enterprise contractors. Overlaps with Newforma ConstructEx on document control, field management, and RFI/submittal workflows for general contractors.

Emerging players

• Kahua: Cloud-native construction project information management platform competing for owner and contractor accounts. Closest emerging challenger in the CDE and document control categories where Newforma Konekt and Project Center operate.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Newforma
• Facebookfacebook.com/newformacareers

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds6 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A4 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Newforma