Another Australian SaaS company quietly building global infrastructure.
Veyor and CEO Richard Fifita have raised $10.5M Series A, valuing the company between $50–75M.
The round was led by Marbruck Investments, with participation from CoAct Capital, alongside returning investors Investible and SpringCapital.
And they did it during what many are calling “SaaS-magedon.”
That alone says something.
🏗 The Problem: Construction Still Runs on Email & Spreadsheets
Construction logistics — one of the largest operational cost centres in the built environment — is still often coordinated via:
• Email chains
• Phone calls
• Excel spreadsheets
• Manual scheduling
Logistics inefficiency costs billions.
🏗 The solution :
Veyor replaces that chaos with a real-time system of record for site deliveries and material flows.
It connects:
• Contractors
• Suppliers
• Tenants
• Asset owners
Across complex projects.
This isn’t just workflow software. It’s operational infrastructure.
📈the stats that brought on the investment
• 🇺🇸 The US now accounts for 30%+ of revenue
• 📊 Growing at 150%+ YoY
• 🏗 60+ customers across 30+ US states
• 🎯 Expected to exceed 50% of total revenue within 12–24 months
• 💵It’s a big market - Construction is a trillion-dollar global industry
That’s product–market fit.
Richard called this a “step-change moment”:
“Our vision is for Veyor to become the system of record for site logistics globally.”
.If Veyor becomes foundational infrastructure for material coordination, the TAM is enormous.
This is the kind of Australian SaaS story we like:
• Solving real-world, operational problems
• Clear ROI
• Enterprise traction
• US expansion strategy
• Infrastructure positioning
While many SaaS players are struggling with valuation compression, Veyor is growing into it.
Logistics may not be flashy. But infrastructure always wins.
Congrats to the entire Veyor team.
Let’s go 🚀
