MUNICH, Germany, Jun 12, 2025 – The Nemetschek Group, a global leader in software for the AEC/O and media industries, has made a strategic investment in Handoff, a fast-growing U.S.-based platform using AI to automate operations for contractors.
Founded in 2019, Handoff helps remodelers and small construction businesses streamline estimating, proposals, client management, and invoicing. With over 10,000 monthly active users and $6 billion in annualized project volume, Handoff has quickly become a go-to solution for contractors seeking greater efficiency and transparency.
The platform leverages real-time pricing data from top suppliers to automate back-office tasks and deliver accurate project estimates instantly. Its intuitive design requires no complex setup, making it easy to adopt.
“Our mission is to put real-time construction data and smart AI agents in the hands of contractors,” said Dmitry Alexin, Founder and CEO of Handoff. “Partnering with Nemetschek validates our vision and will help us scale faster, reach more builders, and improve how homes are built.”
This investment supports Nemetschek’s broader venture strategy to accelerate innovation and digital transformation across the construction sector—particularly for small and medium-sized businesses.
Tanja Kufner, Head of Startups & Venture Investments at Nemetschek Group, added: “Handoff is bringing powerful AI to a segment long underserved by traditional software. We’re excited to support their growth and advance digital efficiency in residential construction.” The funding will accelerate Handoff’s product development, expand platform features, and drive international growth.
About Handoff
Handoff is an AI-powered assistant built for residential contractors, providing instant estimates, automated proposals, client management, and digital invoicing. Handoff’s mission is to simplify construction operations and empower contractors to focus on what matters most: building great spaces.
Handoff is a venture-backed technology company with origins in Silicon Valley. Handoff has established itself as the market leader for construction pricing data and integrations with the top construction materials suppliers. Our in-person team operates from three global offices (Austin, Texas; São Paulo, Brazil; Buenos Aires, Argentina) and comes from top technology companies such as Apple, Tesla, and WeWork. For more information, visit www.handoff.ai.
About Nemetschek Group
The Nemetschek Group is a globally leading software provider for digital transformation in the AEC/O and media industries. Its intelligent solutions support the entire lifecycle of construction and infrastructure projects and enable creatives to design visualizations, films, and games. Customers benefit from efficient, sustainable workflows. Nemetschek pioneers technologies like AI, digital twins, and OPEN BIM to increase productivity and sustainability. Founded by Professor Georg Nemetschek in 1963, the Group has over 4,000 employees and serves 7+ million users. Listed in MDAX and TecDAX since 1999, it generated EUR 995.6 million in revenue and EUR 301.0 million EBITDA in 2024.
For more information, visit www.nemetschek.com.
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