WatchBuilt

What WatchBuilt does

WatchBuilt is a Riga, Latvia-based construction technology startup formed in 2023 through the EU's Commercialization Reactor deep tech accelerator and the BuildIT Accelerator in Latvia. The company builds an AI-assisted construction monitoring platform that compares Building Information Modeling (BIM) design plans against actual on-site conditions, using a custom-built LiDAR scanner combined with automated BIM comparison software to produce real-time as-built models, clash detection, and progress reporting. The core process is protected by a granted patent covering BIM-to-site data integration, and the solution supports openBIM IFC formats for interoperability with existing BIM toolchains.

The product is delivered as a managed service: WatchBuilt owns and operates the scanning hardware and performs scheduled on-site data capture (weekly or daily depending on project), while its software platform runs automated BIM-to-scan comparisons and generates as-built models with minimal manual input. Revenue is structured around two streams — a scanning services line (professional services, schedule-based) and a software platform subscription (recurring) — though pricing is not publicly disclosed and the company currently operates an open pilot program to recruit early enterprise adopters. The platform is packaged into three persona-targeted modules: WatchBuilt for BIM Managers (automated as-built documentation), WatchBuilt for Site Managers (real-time site status, clash and deviation alerts), and WatchBuilt for Owners (transparent progress insights and asset documentation), all built on the same underlying scanning and comparison engine.

Go-to-market is enterprise field sales with a demo-driven motion (cal.com/watchbuilt/30min), supported by LIAA's national incubation and export programs, participation in the EU-funded TARGET-X project for 5G-enabled real-time construction monitoring, and research collaborations with RWTH Aachen's 5G-Industry Campus Europe and Portugal's BUILT CoLAB. Disclosed funding to date is limited to a $10,000 EIT Jumpstarter grant in late 2023, the team is 1-10 employees, and no paying customers are named in the input, indicating the company is at a pre-commercial / pilot stage rather than revenue scale.

Name

WatchBuilt

Legal name

WatchBuilt

Website

https://watchbuilt.com

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

1–10 employees

Short description

Latvia-based ConTech startup offering custom LiDAR scanning combined with AI-powered automated BIM comparison software for real-time construction progress monitoring, serving BIM Managers, Site Managers, and Construction Project Owners on enterprise commercial projects.

Ownership category

akta.pro rank

Headquarters

HQ city

Riga

HQ country

Latvia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Scanning Services: WatchBuilt handles data collection using their own hardware and custom scanning services. Scanning is performed on a scheduled basis tailored to each project (weekly or daily depending on project needs).
2. Software Platform Subscription: Automated BIM tracking and comparison software delivered as a service. Includes as-built model generation, progress reports, and deviation alerts.

Go-to-market motion3 records

Distribution channels3 records

Marketing channels4 records

Core offering

WatchBuilt provides automated construction progress monitoring by combining custom-built LiDAR scanning hardware with software that compares BIM (Building Information Modeling) design models to actual built conditions in real time. The platform generates as-built BIM models with minimal manual input, detects clashes and deviations early, and delivers progress reports on a scheduled (weekly or daily) basis to construction project teams.

Product overview

WatchBuilt is a single unified product platform combining integrated LiDAR scanning services with automated BIM tracking. The core WatchBuilt platform (https://www.watchbuilt.com/) integrates custom scanning hardware with automated comparison software to generate as-built BIM models. The platform is offered across three targeted use-case modules: WatchBuilt for BIM Managers (automated reporting and as-built BIM delivery), WatchBuilt for Site Managers (real-time site visibility and progress tracking), and WatchBuilt for Owners (transparent progress updates and asset documentation). All modules share the same underlying scanning hardware and comparison engine, differentiated by user-facing dashboards and reporting tailored to each role.

Differentiator

Problem solved

Functional benefit

Products and services

• WatchBuilt Construction Monitoring Platform AI-powered construction monitoring software that tracks progress in real time by comparing BIM plans to actual built conditions. Generates as-built BIM models with minimal manual input, produces automated clash detection and site deviation alerts, and delivers progress reports tailored to BIM Managers, Site Managers, and Construction Project Owners. Built on patented BIM-Site Data Acquisition Technology with standard OpenBIM (IFC) format support.
• WatchBuilt Custom LiDAR Scanning Hardware Custom-built LiDAR-based scanning hardware optimized specifically for construction environments. Designed for fast, construction-grade accuracy (not millimeter-perfect like high-end survey tools) and seamless integration with the WatchBuilt software platform. Enables rapid, reliable capture of 3D point cloud data of construction sites for progress monitoring.
• WatchBuilt Scanning Services Professional scanning service where WatchBuilt handles all site data collection using its own custom LiDAR hardware. Scans are performed on a schedule tailored to each project (weekly or daily), eliminating the need for customers to purchase or manage scanning equipment. Designed for commercial, industrial, and infrastructure construction projects at various stages.

Quantifiable outcome

• Up to 50% reduction in BIM budget
• +4 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature5 records

Partnerships

Seven partnerships are on record, tiered core and major.

• LIAA (Investment and Development Agency of Latvia)coreStrategic or Co-development PartnerWatchBuilt is supported by LIAA's national startup incubation program, which provides expert mentoring, business coaching, and access to financial instruments aimed at accelerating product development and market readiness. The program helps WatchBuilt strengthen its go-to-market strategy and business model while connecting with Latvian and international innovators.
• TARGET-X (EU-funded initiative)coreStrategic or Co-development PartnerWatchBuilt participates in the EU-funded TARGET-X project, piloting its construction monitoring solution in real-life 5G-enabled testbeds. The project brings together industrial players and tech innovators to explore 5G potential in mission-critical sectors including manufacturing and construction.
• RWTH Aachen University (5G-Industry Campus Europe)majorStrategic or Co-development PartnerWatchBuilt collaborates with RWTH Aachen's 5G-Industry Campus Europe to test their solution under real site conditions. This partnership enables validation of how 5G enhances real-time construction tracking.
• BUILT CoLAB (Portugal)majorStrategic or Co-development PartnerWatchBuilt collaborates with BUILT CoLAB in Portugal for real site condition testing. The collaboration pushes forward the frontier of digital construction powered by AI and ultra-low-latency connectivity.
• BuildIT AcceleratorcoreStrategic or Co-development PartnerWatchBuilt participated in the BuildIT Accelerator program in Latvia - one of the leading startup accelerators in the Baltics focused on hardware and IoT solutions. The program provided hands-on support in refining business strategy, validating market fit, and preparing for investment through mentoring and access to a strong regional network.
• Commercialization ReactorcoreStrategic or Co-development PartnerWatchBuilt was created through the Commercialization Reactor program - an EU-recognized deep tech acceleration initiative that brings together scientists and entrepreneurs to build scalable ventures. The founding team was formed through this program, which supports commercialization of cutting-edge research with strong market potential.
• LIAA Export Support ProgrammecoreStrategic or Co-development PartnerWatchBuilt is supported by LIAA's Export Support Programme which strengthens international expansion efforts. The program provides structured support for export development including participation in international exhibitions and trade missions, market research, business matchmaking, and strategic advisory services.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• HoloBuilder (FARO): HoloBuilder, acquired by FARO, provides 360° reality capture for construction progress documentation with BIM integration. It is comparable to WatchBuilt's site-scanning-as-a-service model with structured progress outputs against design models.
• Reconstruct: Reconstruct provides a digital twin platform that compares BIM models to actual construction using reality capture, enabling progress monitoring and deviation detection. It overlaps directly with WatchBuilt's as-built BIM generation and clash-detection functionality.
• Buildots: Buildots uses AI/computer vision on 360° site captures to automatically compare as-built progress against BIM designs. It is the closest direct competitor to WatchBuilt's BIM-vs-scan verification workflow, targeting the same BIM managers and site managers in commercial construction.
• OpenSpace: OpenSpace automates 360° reality capture and AI-based progress tracking for construction sites, producing visual as-built records against BIM plans. Like WatchBuilt, it sells to enterprise general contractors and addresses the same workflow of converting site captures into as-built verification.
• Disperse: Disperse uses 360° capture and AI to provide objective construction progress insights, identifying issues and tracking productivity against plans. It addresses the same progress-tracking and deviation-detection jobs-to-be-done as WatchBuilt for site managers and owners.
• Avvir: Avvir (now part of Faro) automatically verifies as-built construction against BIM models using scan data, detecting deviations and updating models. It competes head-on with WatchBuilt's BIM-site comparison and as-built model generation use cases for BIM and site managers.

Broad incumbents

• Autodesk Construction Cloud: Autodesk Construction Cloud (including BIM 360) is a broad platform for BIM collaboration, project management, and model coordination. It is a broad incumbent that competes for the BIM-manager workflow WatchBuilt targets, although it does not offer automated LiDAR-driven as-built verification natively.
• Trimble (Trimble Connect / Trimble Field Solutions): Trimble offers a broad portfolio of BIM coordination, construction management, and reality-capture tools. It is an incumbent that touches the same BIM-to-site workflows as WatchBuilt but competes as part of a much wider construction-tech stack.
• Leica Geosystems (Hexagon): Leica (part of Hexagon) provides survey-grade laser scanners and reality-capture hardware/software widely used on construction sites. Its high-end scanning products overlap with WatchBuilt's hardware-led approach, although Leica focuses on millimeter-precision surveying rather than construction-grade, automated as-built workflows.
• FARO Technologies: FARO manufactures 3D laser scanners and software for construction and AEC reality capture, including the HoloBuilder acquisition. It is an incumbent in the same LiDAR-based as-built capture space WatchBuilt occupies, though at higher precision and broader scope.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/in/aija-hermane-sabule-77605b16

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds1 record

Investors1 record

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

M&A

Investments

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

Frequently asked questions about WatchBuilt