Nemetschek Group invests in construction AI solution provider

Document Crunch’s platform simplifies document compliance for back-office operations by utilising a construction-specific knowledge base (Photo: Nemetschek Group)

The investment and partnership will allow Document Crunch to accelerate its growth, expand its platform, enhance its technology, and increase its market presence says the Nemetschek Group.

Document Crunch’s platform simplifies document compliance for back-office operations by utilising a construction-specific knowledge base. This is said to enable faster contract reviews, risk assessments, and improved negotiations, while also providing project teams in the field with daily decision support and automated compliance workflows.

Tanja Kufner, head of startup and venture investments at the Nemetschek Group, says, “Contract risk management and compliance is a sector that is primed for disruption thanks to recent advancements in large language models (LLMs), which align perfectly with the text-based nature of contracts. Document Crunch is a pioneer in this niche, establishing a robust distribution network and forming unique industry partnerships with key players to ensure it remains at the forefront as AI technology evolves.”

Nemetschek says that the company plans to establish a ‘technical and go-to-market partnership’ between Bluebeam and Document Crunch to jointly support project managers with actionable insights and enable proactive measures on-site.