Bimsense, an innovative proptech platform for buildings based in Hull, UK, recently secured an additional £750K in funding. This funding round, led by NPIF – Mercia Equity Finance, brings the total amount raised to £1.8M. The company plans to utilize these funds to enhance its Operance platform by incorporating new features in response to the latest building safety regulations.
Founded seven years ago by Ian Yeo and Scott Pilgrim, both experts in building information modelling (BIM), Bimsense offers Operance, a powerful platform designed to assist companies in complying with the Building Safety Act.
This act, implemented in phases after the tragic Grenfell Tower fire, aims to enhance safety standards across buildings. Operance has already been adopted by renowned companies like Campden, Basildon, and Harrow, as well as leading construction firms such as Kier, Higgins, United Living, Vermont, and Rider Levett Bucknall. Notably, Bimsense experienced a significant increase in turnover, registering a remarkable 44% growth in the preceding financial year that ended in August.
With a current workforce of 22 employees, Bimsense foresees the creation of six new jobs in the upcoming year. The company's dedication to advancing building safety, combined with its successful platform adoption, positions it as a key player in the proptech industry. Through continuous innovation on the Operance platform, Bimsense is committed to contributing to the ongoing improvement of building safety practices.