Kim Jackson’s Skip Capital leads $6.6million Visibuild fund raise

Funding Announcement

Visibuild is beyond excited to announce the successful completion of our first funding round, securing $6.6 million, with Australian investment firm Skip Capital leading the investment. This funding will speed up the development of our platform, allowing us to address the growing need for better efficiency, quality control, and sustainable practices in the construction industry. With Kim Jackson and Skip Capital’s support, we are ready to continue driving innovation and raising the bar for construction technology.

We’re thrilled to have Skip Capital’s support as we expand across Australia and into new markets. Their involvement in infrastructure investment and project management software aligns perfectly with our goals and will be valuable as we drive Visibuild’s growth globally.”
Damien Quinn, Visibuild CEO and Co-founder

“Visibuild is tackling a critical challenge in construction, and their approach will bring real-time visibility and accountability to building sites around the country. The scale of the opportunity before the team is vast, and we’re excited to be on this journey with Visibuild as they expand their reach and impact across the construction landscape.”
Kim Jackson, Skip Capital CEO and Co-founder

Setting new standards for quality assurance in construction

In the construction industry, 21% of project value is lost to avoidable errors, with Visibuild leading a cultural shift towards greater accountability to tackle this challenge. Our platform also addresses productivity issues that often extend project timelines by 20%, improving efficiency by encouraging collaboration on quality assurance.

“Visibuild’s mission is to set a new standard for quality assurance in the construction industry. Persistent productivity challenges, inefficiencies and cost overruns continue to burden the sector, often stemming from gaps in quality assurance practices. By fostering cultural change throughout the supply chain, we aim to elevate industry standards and improve outcomes for all stakeholders.”

Thank you from the Visibuild team

Founded just three years ago by experts in software and construction, including former leaders from global firms like Multiplex and Amazon, Visibuild works with top builders, developers, and subcontractors to address non-compliance, reduce errors, and streamline rework. Our platform helps tackle key challenges in the construction process and restores confidence in Australia’s construction industry.

Since launching, Visibuild has tracked over 700 projects and now has more than 1,800 companies using the platform. Clients like Besix Watpac, Built Environs (McConnell Dowell Group), Kapitol Group, Icon, and Delta Group have already seen significant cultural change regarding quality and process improvements that are preventing errors at their source. With the rising demand for hyperscale data centres, Visibuild’s platform is being used across the majority of projects of this type Australia wide, where quality failures simply aren’t an option.

This funding round is a big moment for Visibuild, and we couldn’t have done it without the incredible support of our customers, partners, and amazing team.

Thank you for being part of this journey with us. We’re so excited to see what we can achieve together in the next chapter!

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About Skip Capital

Skip Capital is an Australian private investment company and one of Australia’s largest family offices. Skip Capital is a long-term investor in high growth technology and future-aware essential infrastructure across a multi decade horizon. With founder friendly, flexible capital, Skip Capital has an established history supporting management teams to innovate and grow. Some of Skip Capital’s other notable venture investments include: Canva, Airwallex, Figma, CultureAmp and 1Password.

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Want to read more? See what everyone else is saying below.

Read The Australian article, click here to read more.

Check out the Business News Australia article, click here to read more.

See Visibuild’s StartupDaily. feature, click here to read more.

Dive into the Inside Construction feature, click here to read more.

Read SMBtech full article, click here to read more.

Dive into the PropTechBuzz article, click here to read more.

Read thoughts from Smart Company, click here to read more.

Many thanks to the following for also featuring our exciting news: The Weekly Times, Herald Sun, Cairns Post, Geelong Advertiser, Gold Coast Bulletin, Mercury, NT News, The Advertiser, The Chronicle, The Courier-Mail, The Daily Telegraph, Dynamic Business, RealtyNXT and the Townsville Bulletin