kodehyve Caps Off A Big Year At The Web Summit

from left to right: kodehyve’s co-founders Julien Casse (CTO) and Felix Hemmerling (CEO) (© kodehyve)

The Luxembourg contech presented its company figures and product updates at the Web Summit in Lisbon. Highlights include the acquisition of its 50th customer, its Belgian expansion, and upcoming automation and ESG reporting features.

After announcing its Belgian launch in September and its compliance module earlier this year, kodehyve has taken the stage at the Web Summit in Lisbon to announce some key updates and give a keynote address.

Having continuously advanced the digitalisation of the built ecosystem since its inception in 2020, kodehyve has increased the scope of its OS to include many parts of the AEC (architecture, engineering, and construction) value chain.

Currently, kodehyve’s offering includes kodehye sign, kodehyve comply and kodehyve OS, all of which have contributed to its achievement of acquiring its 50th customer.

“Reflecting on the journey kodehyve has travelled this year, it’s exciting to witness the tangible impact our connected operating systems are having in enhancing the AEC industry’s workflows,” said Felix Hemmerling, CEO of kodehyve.

Automation and business intelligence

Key performance indicators shared with the audience at the Web Summit included a 21.5% YoY ARR growth as well as a 68% YoY customer growth. With its expansion process underway in Belgium, kodehyve is already eyeing new targets such as the Netherlands, Switzerland, Germany, and Portugal.

Continuing on strengthening its two pillars of real estate platforms and advisory services, kodehyve has announced future product evolutions in the following domains: in-house design system, automation, business intelligence, multipoint interactions, Peppol compliance, and ESG reporting. 

“As we seek continuous improvement and embark on our international expansion journey, we are fuelled by the conviction that kodehyve, leveraging the power of business intelligence and automation, will drive enhanced collaboration, risk mitigation, and unprecedented efficiencies in the built environment – particularly in the current challenging market dynamics.”

Felix Hemmerling, CEO of kodehyve.

On the automation side of things, kodehyve intends to support property developers and stakeholders by providing real-time data on industry trends, risk assessment, and a deeper understanding of their projects. 

To learn more about kodehyve, visit them at their Web Summit Stand (G125) on 15 November or listen to CEO Felix Hemmerling’s keynote speech on November 16.

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