Investment indicative of the wider demand for tech solutions addressing environmental and sustainability challenges
Qualis Flow, the environmental management platform that tracks, monitors, and predicts project environmental risk, has raised £725,000 in seed funding. This round of investment is being led by Pi Labs, the proptech VC specialist, alongside Entrepreneur First, MMC Ventures and Rising Tide Europe.
Founded by Brittany Harris and Jade Cohen, two ex-construction professionals, Qualis Flow aims to drastically reduce the impact construction work has on the local and global environment. Qualis Flow’s cloud-based platform accelerates the ability of teams to monitor and forecast the environmental risk of construction projects, reducing the overall carbon footprint and disruption to local communities and helps contractors reduce project delays and avoid penalties otherwise imposed for non-compliance.
This new capital injection will be used to accelerate product development, improving Qualis Flow’s platform which automates data capture and analysis for key compliance areas. This dramatically reduces the need for manual data handling, meaning overall project management costs are reduced and teams are able to focus on value-add activities.
The funding will also be used to expand the current team of six to 12, who will be deploying additional trials in July to further stress test the platform, target high profile contractors, and prepare for Qualis Flow’s European expansion. Early adopters of the platform include Canary Wharf Contractors, the world leaders in high-quality developments and the team behind some of London’s largest office complexes.
Jade Cohen / Brittany Harris, co-founders of Qualis Flow, commented ‘The construction industry has been reliant on manual project management processes for far too long. We’re thrilled to have secured investment from some of the leading players in Europe’s proptech ecosystem who are backing our vision of a digitised, environmentally conscious construction sector.’
Faisal Butt, founder and CEO of Pi Labs, added: ‘Sustainability isn’t a buzzword or a trend that is set to disappear, nor should it be. The construction industry is one of the most energy intensive in the world and contributes significantly to carbon dioxide emissions. Pi Labs is proud to be part of Brittany and Jade’s mission to reduce the environmental impact of this antiquated industry.
‘Our investment in QFlow is part of a wider strategy for Pi Labs to invest in ConTech start-ups in Europe and globally. We see Construction as a large global industry that will see considerable innovation over the next five years, and we aim to be at the forefront of this change as the sector evolves’