For more efficiency in the construction

€ 45 million in fresh capital and additional strategists for Schüttflix

Schüttflix defies the slumping construction economy and focuses on further efficiency-driven growth. After a strong performance with significant revenue increases in 2022, the ConstructionTech company from Gütersloh receives a total of € 45 million in fresh capital. The new financing round is led by the founders and existing investors and supplemented by a working capital line. Newly on board as equity investors are the New York venture capital experts from FJ Labs, DEVK insurance and various family offices. FJ Labs currently holds the world’s largest portfolio of marketplace startups. In addition, the construction company Goldbeck, one of the European leaders in commercial construction, and the waste management specialist IK Umwelt complement the group of shareholders as strategic partners with additional industry expertise. Already on board are Europe’s leading construction technology group STRABAG and the Hagedorn Group.

  An app that allows contractors to order bulk materials, have waste disposed of or have transports driven
© Schüttflix

An app that allows contractors to order bulk materials, have waste disposed of or have transports driven
© Schüttflix

As a digital hub for construction site supply and disposal, Schüttflix will use the fresh capital to realize growth opportunities in the tight construction sector: “The construction industry is under pressure to rapidly leverage additional efficiencies. Our features such as paperless delivery documentation, live tracking, and the upstream price comparison portal make the value chain processes for construction companies much more efficient. Für uns ist die Krise deshalb vor allem eine Chance. For us, the crisis is therefore above all an opportunity. The additional capital gives us the necessary drive to make the best possible use of it,” explains Schüttflix CEO Christian Hülsewig.


Breakeven in the coming 12-24 months

The Gütersloh-based company was able to almost double its sales in 2022 compared to the previous year to around € 90 million. In addition to supply, disposal from construction sites was introduced as a high-revenue growth area at the beginning of 2023. At the same time, the Schüttflix team has made the organization even more efficient in recent months and further optimized its own processes. Currently, over 13 000 registered customers and partners use the platform.  As a digital logistics hub, Schüttflix’s goal is to enable a fully comprehensive circular economy for building materials of all kinds in order to accompany the industry on its path to climate neutrality. After all, no other sector consumes as many resources and produces as much waste as construction. It is responsible for 40 % of all CO2 emissions and 60 % of the waste generated in Europe.


Politically, the EU Commission and the German government have now set the course for greater CO2 and resource efficiency in the construction industry with numerous regulations and resolutions. The focus is also on the digital optimization of material flows and better networking of all participants in the value chain in order to increase the proportion of recycling and minimize transport.


What the investors say

“As a company from the same region, we are pleased to accompany Schüttflix as a partner in the digitalization of the construction material flow – the company makes an important contribution to transparency and efficiency in our traditional industry. In this way, Schüttflix sets an example of how to shape urgently needed transformation with courage and commitment - we want to help with this,” says Jan-Hendrik Goldbeck, managing partner of the company of the same name, about the cooperation.


“Our area of expertise is marketplace startups because we believe in the technologies we invest in. At Schüttflix in particular, we can support with our know-how and want to put the construction industry on a future course together. In Europe, Schüttflix is the best address for this, which the company has impressively proven since its founding,” Fabrice Grinda, founder of FJ Labs, classifies the investment.


Mirco Illian, CEO of the new partner IK Umwelt, is also positive about the upcoming cooperation: “As experts for waste disposal and recycling, we want to establish a functioning and sustainable circular economy in the construction industry. With Schüttflix, we have found the right partner to digitalize existing logistical processes and close technological gaps in the recyclables chain.”


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