Masterspec

Name

Masterspec

Legal name

Construction Information Limited

Website

https://masterspec.co.nz

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Construction Specification Software

NAICS

Educational Support Services (61171), Drafting Services (541340)

SIC

Services-Prepackaged Software (7372), Miscellaneous Publishing (2741)

akta.pro primary industry

Architecture, Construction & Building Codes Reference (Design, BIM, Safety Codes) (EDAGAGAH)

Keywords

• Construction specification software
• Building information modeling
• Specification management
• Construction documentation
• Technical specification library

Headquarters

HQ city

Auckland

HQ country

New Zealand

HQ region

Oceania

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Revenue model

1. Subscription Services: SaaS subscription model priced based on practice staff size and number of office locations. Subscriptions are billed annually (with lump sum or monthly payment options) or monthly via automatic payment. Minimum subscription term is 24 months. Additional fees apply for each additional office location beyond the primary office.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Masterspec is a New Zealand-based cloud SaaS platform that provides digital construction specifications and supporting tools for the building industry. It offers pre-written, standards-aligned specification libraries covering architecture, structural, civil, services, interior, and landscape work, combined with BIM keynoting tools, product selection databases, electronic certification, and an online workspace for document management. The platform is built around a proprietary CBI classification system and integrates with NZ and Australian standards via an automated update service.

Product overview

Masterspec is a cloud-based SaaS platform providing New Zealand's construction industry with digital specification solutions. The core offering consists of multiple specification libraries (Standard, Basic, Minor, Structural & Civil, SCNZ Structural, Services, Landscapes, Interiors) that provide pre-written, regularly maintained specification clauses. These are accessed through an Online Workspace platform that enables 24/7 collaborative specification creation. Add-on modules include MasterKey (BIM keynoting tools for ArchiCAD and Revit integration), mDocs (technical document management), eCert (sustainability certification comparison), Standards Online Changes, miproducts (building product directory), NECO₂ (embodied carbon data), and NZCIC Online (digitized guidelines). The platform is priced based on practice staff size and number of offices, with a minimum 24-month subscription period.

Differentiator

Problem solved

Functional benefit

Products and services

• Masterspec Standard
• Masterspec Basic
• Masterspec Minor
• Masterspec Structural & Civil
• SCNZ Structural
• Masterspec Services
• Masterspec Landscapes
• Masterspec Interiors
• MasterKey
• miproducts
• eCert
• NZCIC Online
• NECO2
• Online Workspace
• mDocs

Named customers1 record

Segments7 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature10 records

Partnerships

Seven partnerships are on record, tiered flagship and core.

• New Zealand Institute of Architects (NZIA)flagshipStrategic or Co-development PartnerNZIA is a major shareholding partner of Construction Information Limited, the parent company of Masterspec. This relationship ensures that Masterspec specifications align with professional architectural standards and practices.
• Master Builders AssociationflagshipStrategic or Co-development PartnerMaster Builders is a shareholding partner of Construction Information Limited, providing industry oversight and ensuring Masterspec meets building industry requirements.
• BRANZcoreStrategic or Co-development PartnerBuilding Research Association of New Zealand provides research-based building knowledge that informs Masterspec specification content and ensures alignment with current building science.
• NZCIC - New Zealand Construction Industry CouncilcoreStrategic or Co-development PartnerMasterspec collaborated with NZCIC and the Construction Sector Accord to digitize the NZCIC Guidelines Responsibilities Schedule, now integrated as a free tool within the Masterspec platform.
• Ministry of Business, Innovation & EmploymentcoreStrategic or Co-development PartnerGovernment ministry partnership ensures Masterspec specifications align with regulatory requirements and building code standards.
• Graphisoft (ArchiCAD)coreTechnology or IntegrationMasterKey for ArchiCAD provides direct integration with Graphisoft's BIM software, enabling dynamic keynote linking between specifications and drawings.
• Autodesk (Revit)coreTechnology or IntegrationMasterKey for Revit provides direct integration with Autodesk's BIM software, enabling dynamic keynote linking between specifications and drawings.

Scale indicators1 record

Recent moves1 record

Expansion highlights5 records

Broad incumbents

• RIB Software (Schneider Electric): RIB provides building specification, cost estimation, and construction project software globally, now part of Schneider Electric. It competes in adjacent specification and construction workflow spaces with broader international reach than Masterspec.
• Deltek: Deltek owns NBS and provides broad construction and project-based ERP software. As the parent of the closest global specification peer, Deltek represents a potential acquirer or competitive incumbent that bundles specification tools into wider construction project suites.
• Autodesk Construction Cloud: Autodesk owns Revit and offers construction management tools (BIM 360, ACC). As the dominant BIM platform Masterspec integrates with, Autodesk represents both a critical partner and a potential competitive threat if it expands into specification content.

Direct peers

• NBS (National Building Specification): NBS provides specification platforms, BIM object library, and construction information services primarily for the UK market. It is the global leader in national specification writing tools with similar library/clause-based content and BIM workflow integration to Masterspec.
• Sweets (ConstructConnect): Sweets is a building product catalog and specification resource, now part of ConstructConnect. It offers specifiers searchable product data and manufacturer-supplied specifications, overlapping with Masterspec's Work Section Support and miproducts.
• BSD SpecLink: BSD SpecLink is a US specification writing platform that links specifications to Revit models. Its direct Revit integration and specification content library are functionally analogous to Masterspec's MasterKey and library offering.
• NATSPEC: NATSPEC is the Australian national specification system, the closest international counterpart to Masterspec. It provides specification writing tools, technical resources, and BIM integration for the Australian construction industry, mirroring Masterspec's role in New Zealand.
• ARCAT: ARCAT provides free and premium architectural specifications, CAD details, and building product information for the US market. It competes in the same specification content and building product research space as Masterspec's libraries and miproducts module.

Others

• BRANZ: BRANZ is New Zealand's Building Research Association and a documented strategic partner of Masterspec. While not a direct competitor, it provides underlying research and standards that inform Masterspec's specification content, and would be a critical ecosystem participant in any NZ specification decision.

Emerging players

• Procore: Procore is a leading global construction management platform. While not a specification specialist, it has been expanding into preconstruction workflows and could move into specification content, representing an emerging adjacent competitive threat.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/masterspecnz
• Facebookfacebook.com/Masterspec-356442071096875
• LinkedInlinkedin.com/company/masterspecnewzealand

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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 Masterspec