The startup offers a digital financial management platform that integrates modern workflows and digital networking for construction project participants. This platform enables construction professionals and engineers to efficiently manage project finances, reducing costs and improving project delivery timelines.
Funding
$48.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Real estate asset managers and property developers face challenges in managing complex project finances, tracking capital expenditures, and integrating sustainability initiatives, often relying on fragmented tools and manual processes. This makes it difficult to deliver projects profitably, meet ESG compliance, and secure investor trust.
Solution
Alasco offers a unified platform that enables real estate asset managers and property developers to manage the entire lifecycle of their assets, from initial planning to project execution and ESG reporting. The platform centralizes financial and sustainability data, allowing for real-time tracking of budgets, costs, and revenues, as well as the simulation and implementation of profitable sustainability measures. Alasco streamlines collaboration between teams, automates reporting processes, and provides tools for ESG analysis, helping clients to reduce risk, cut CapEx waste, and increase the value of their portfolios.
Target Audience
Alasco is designed for asset managers, ESG consultants, project managers, and sustainability decision-makers in the real estate industry who need to streamline financial control, manage capital expenditures, and integrate sustainability initiatives into their portfolios.
Features
- Centralized database for budgets, costs, revenues, and ESG data
- Real-time tracking of contracts, invoices, change orders, and cash outflow
- Management of equity, debt, and mezzanine financing contracts
- Revenue tracking for unit sales, outright sales, and rents
- Cash flow forecasting with real-time data
- Benchmarking and KPI tracking
- Integration with smart meters and public APIs for automated data collection
- AI-powered suggestions for improvement measures based on building data
- ROI calculations for ESG measures, combining costs, subsidies, and environmental impact KPIs
- Automated data extraction from PDF invoices using AI/OCR
- Data Copilot for sending tailored surveys and data requests to property managers
- CRREM path stranding point analysis from minimal data input
- Compliance with GRESB, ECORE, EU Taxonomy, SFRD, and CSRD reporting frameworks