Vienna-based Howie Systems, which develops AI-powered solutions to centralize and preserve construction and real estate data, has secured €600,000 from Pi Labs, with support from Vienna Business Agency. The company will join Pi Labs' 12-week growth program while aiming to raise €1.5 million to scale, as reported to Vestbee.
- Founded in 2024 by Ewa Lenart, Howie Systems develops a web platform for managing data for companies in the construction and real estate industries.
- The platform connects to different sources of information, like reports, images, construction drawings, and large datasets, making it easier for teams to access and work with everything in one place.
- The firm uses AI to analyze large amounts of unstructured data and identify patterns that are often hidden. This makes it easier to find useful insights, improves communication, and helps teams avoid mistakes by streamlining project coordination.
Details of the deal
- The investment was backed by Pi Labs, a London-based venture capital firm supporting global early-stage startups, from pre-seed to Series A. Its portfolio includes 80 investments across 15 countries and 13 successful exits.
"Our investment in Howie Systems is yet another example of how AI can streamline the design process of new and existing buildings. We’re excited to support Howie Systems as they scale and bring this innovation to the industry globally," claims Faisal Butt, Founder and Managing Partner at PiLabs.
- The firm also received a grant from the Vienna Business Agency, a business management consultant supporting startups across Vienna, and the Austrian Economic Agency (AWS), the promotional bank of the Austrian government.
- The fresh capital raised will enable the startup to scale its platform, collaborate with early adopters for co-creation, expand its team with key hires, and position itself for rapid growth. The startup aims to break even by Q2 2026.
