Trabr attracts $405 million in projects and is set to expand internationally
Trabr Limited, a mobile-led prop-tech for the building and renovation industry, has attracted $405 million in customer projects in the first few weeks, following it first capital raising of $2 million in 2019 and launch in September.
It’s the only mobile-first digital resource of its kind for the building industry and is completely Australian owned and made.
While other project management platforms in the sector are desktop-based and enterprise-led with limited remote capabilities, the subscription platform of Trabr integrates cloud-based workflow tools, a network and marketplace.
Designed for SME builders, owner builders, home renovators and tradespeople, its solutions save users administration, money and costly workflow, timeline and budgeting blowouts.
Since being launched in September, it has signed up 616 users and 426 projects. At its current growth rate, Trabr will have an estimated 1000 users and more than $500 million in projects before Christmas.
Additionally, Trabr is forecasting further growth in 2021 with building and renovations the least disrupted industries in the country.
It was founded by Tony Huxley and Adam Woods, both with years of experience across entrepreneurial ventures and the construction industries as well as an experienced advisory board.
“Most prop-tech solutions for the building sector are enterprise-led, tend to cater to larger building firms, don’t offer an end-to-end remote, mobile-first solution and they all lack any procurement or supply chain capabilities. Yet, of the 394,000 construction businesses in Australia alone, just 10% are at the enterprise end. We’re responding for all the rest,” Tony Huxley says.
“The opportunity we have identified responds to the many friction points and pain points in the day-to-day lives of the 360,000 SME building businesses, let alone the trades and more than two million home renovators and owner builders who passionately, obsessively slave away to bring their dreams to life. Their ability to grow productivity and their businesses are limited by their own lack of time and resources. These sectors still rely on printed plans, a notebook, a battered mobile and an Excel spreadsheet if they are advanced. With Trabr, we give them the resource to transform their productivity.”
Trabr is available from the App Store and Google Play at three subscription levels:
- The builder’s subscription starts at just $63.95 per month.
- The subscription for home renovators and owner builders launched on 6 November and is free. The $29.70 per month premium version with a design studio and powerful estimating tools will be released in early 2021.
- The subscription for trades and sub-contractors, to be released early 2021, will be available from $19.95 per month.