Fonn Construction

Fonn is a construction technology company that offers a cloud-based project management tool for the construction industry. Founded in 2016, the company's software is designed to streamline communication, document management, and collaboration in construction projects. Fonn's platform allows all project participants to access and share up-to-date information easily and reliably through both web and mobile applications. The software supports features such as drawing and plan access, BIM model support, instant messaging, and liability protection through stored communications.

Fonn's solution aims to reduce building mistakes and material overconsumption by providing ready access to current project information. The company estimates this approach can potentially cut total construction costs by around 18% per project. The platform is particularly focused on user-friendliness, making it accessible to users with varying levels of technical expertise. Fonn's software integrates project management features such as issues tracking, task management, scheduling, and document management throughout the project lifecycle.

In September 2020, Fonn secured USD 3 million in funding to support its expansion in the US, UK, and European markets. The company has experienced significant growth, with approximately 80% of its new sales coming from the UK and US markets as of 2020. Fonn targets both small and medium-sized projects as well as larger commercial contractors, with a particular focus on the residential construction sector.

Key customers and partnerships

Fonn has gained traction in several markets since its launch. In Norway, the company reported signing up over 50% of major home builders within two years of its commercial launch in 2018. The software has also been adopted by subcontractors for refurbishments and small projects, as well as larger commercial contractors for their sites.

Idealhus AS was mentioned as Fonn's pilot client, supporting the company from its early stages and contributing to the development of the Fonn Byggemappen application. Fonn had established a presence in the UK and US markets, with dedicated teams in both countries to serve local customers. The company aims to capitalize on the large, untapped market of small and medium-sized construction firms, particularly in the US, where it estimates that around 85% of home builders were not using any project management software as of 2020.