Graneet raises $8.7 million for its vertical SaaS for construction companies

French startup Graneet is building an all-in-one software-as-a-service product focused on small construction companies. And it has grown quite a lot since I first covered the company as the company has tripled its revenue over the past six months.

That’s why the startup raised a €8 million Series A round ($8.7 million at today’s exchange rate) with its two main investors leading the round once again — Point Nine and Foundamental. In fact, Graneet tells me that this is Point Nine’s first lead investment in a Series A round. This is an interesting data point as Point Nine has a good track record when it comes to B2B SaaS investments.

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