Vico Software is a technology company.
Vico Software has raised $4.0M across 1 funding round.
Vico Software has raised $4.0M in total across 1 funding round.
Vico Software has raised $4.0M in total across 1 funding round.
Vico Software's investors include Building Ventures, Highway 12 Ventures.
Vico Software is a technology company specializing in construction software, providing the Vico Office Suite—a 5D BIM (Building Information Modeling) environment for virtual construction planning, quantity takeoffs, cost estimation, and project management.[1] It serves building owners, general contractors, and construction managers in Europe, the Middle East, the Americas, and beyond, solving key challenges like accurate model-based quantity takeoffs, budget tracking, and integrating 3D models from various BIM tools to reduce risk, manage costs, and optimize schedules.[1][4] The company, based in Salem, MA, has shown growth momentum through sales expansion efforts, including buyer persona development, sales training, and messaging alignment to ramp up new hires and reps.[2]
Vico Software emerged as a provider of specialized software for the building construction industry, with roots tied to experienced tech entrepreneurs. Phil, a serial founder who co-founded IMSAI/ComputerLand in 1975 (one of the earliest Intel 8000-series microcomputer manufacturers) and BusinessLand in 1982, has been involved, serving as Chairman of portfolio companies like @Last Software (acquired by Google).[1] Donald R. Henrich II, Executive Vice President and Co-founder, has led sales and growth initiatives, as evidenced by partnerships for sales ramp-up around 2010s-era case studies.[2] Early traction built on products like Vico Office Client for model integration and Vico Takeoff Manager for precise quantity generation from 3D models, gaining adoption among global construction pros.[1]
Vico rides the BIM and digital construction trend, where 5D tools (adding time and cost to 3D models) address inefficiencies in global construction—a $10T+ industry plagued by overruns (up to 80% of projects).[1][4] Timing aligns with rising adoption of virtual planning post-2000s BIM standards, fueled by market forces like labor shortages, sustainability mandates, and megaprojects in emerging markets.[2] It influences the ecosystem by enabling owners/contractors to cut risks via precise takeoffs and simulations, paving the way for AI-enhanced construction tech today.[1]
Vico's legacy in 5D BIM positions it for revival amid AI-driven construction digitization, with trends like generative design, real-time collaboration, and modular building amplifying demand for its model-integration strengths. Expect partnerships with modern BIM platforms (e.g., Autodesk evolutions) or acquisitions by proptech giants, evolving from niche leader to integral in smart infrastructure. As construction tech heats up, Vico exemplifies how early virtual tools laid groundwork for today's high-stakes, data-rich builds—primed for a comeback in a risk-averse industry.
Vico Software has raised $4.0M across 1 funding round. Most recently, it raised $4.0M Series B in October 2009.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Oct 1, 2009 | $4.0M Series B | Building Ventures, Highway 12 Ventures |