Founded in 2019, ConWize operates from London, UK, and serves a range of clients including general contractors, specialty contractors, project management companies, developers, and commercial chains (e.g., hotels, grocery stores). The company’s mission centers on disrupting traditional bidding and estimating processes through AI-driven software that fosters collaboration among stakeholders such as owners, contractors, subcontractors, management firms, and consultants. Its software aims to increase profitability by improving accuracy, reducing risk, and automating workflows.
ConWize was founded in 2019 and is privately held. It has grown steadily, leveraging expertise from years of IT project development in construction to create solutions that address critical industry pain points. The team consists of developers, UX/UI designers, and experienced C-level managers committed to developing user-friendly yet powerful tools tailored to the unique needs of construction estimators and managers.
The company’s funding stage is currently categorized under incubator/accelerator programs, with notable investors like Ashdod Port Accelerator by 500 Global and 500 Global backing its development.
Advanced cost estimation and price analysis tools.
Management of indirect costs and profit loading.
Comprehensive KPIs and risk management analytics.
Predictive analytics powered by historical data.
Seamless tender submissions and procurement lifecycle management from bidding through execution.
Integration capabilities via REST API to existing software ecosystems.
User-friendly interface with rapid onboarding (2 hours of training).
ConWize has made acquisitions as part of its growth strategy. Instead, the company focuses on expanding its product capabilities organically—enhancing the platform with AI-driven features to elevate estimating accuracy and collaboration in procurement.
Recent enhancements highlight the integration of AI technologies to transform estimator workflows and improve predictive analytics. ConWize continues to add features aimed at deepening stakeholder collaboration and automating manual processes in tenders and procurement.
ConWize emphasizes a culture of simplicity, accuracy, innovation, and teamwork. The company values disruptive solutions that challenge norms within the construction industry, aiming to continuously improve customer success and project profitability. Happy employees and customer satisfaction are core to ConWize’s operating philosophy, promoting a fun, creative, and productive environment.
The user base includes a broad spectrum from freelancers and small businesses to large enterprises operating internationally (in over 100 countries including Albania, Australia, and more). Their customers span general contractors, developers, subcontractors, and construction management companies, often in sectors like hospitality and retail chains. ConWize is building an online construction network to enhance industry visibility and foster a collaborative community around its digital construction tools.
