For investors
Invest in the future of construction
Wenn Property is building the leading digital platform for renovation planning in the Nordics. We cut planning time in half — and we're growing fast.
The problem we solve
Building renovation is a €170B+ industry in Europe — yet projects are still planned with folding rules, handwritten notes, and disconnected tools. The result: costly errors, delays, and eroded margins.
Our solution
Wenn Property replaces the manual process with one intuitive app. Professionals scan properties in 3D with their phone, document with AI, and share with everyone involved – in minutes instead of hours. We cut planning time in half by automating measuring, calculation, report writing, and sharing.
Strong growth and loyal customers
Updated April 27, 2026
>2 MNOK
Annual Recurring Revenue (ARR)
>180
Licenses sold
4%
Customer churn
Key milestones
January 2024
Company founded. First product version developed with a focus on the insurance industry.
January 2025
Strategic pivot to the broader renovation market – faster adoption and better product-market fit.
August 2025
Passed 100K NOK in ARR. Product proven in the market with zero customer churn.
February 2026
1.7 MNOK ARR. 100+ paying companies. 135+ licenses sold. Ready for scaling.
2026
Android app launched on Google Play. Wenn Property now available on iOS, Android and web.
2025–2028
Two research projects funded by the Research Council of Norway – in climate risk (CliVa) and human-AI interaction.
Large and growing market
The global market for digital property renovation tools is growing at ~16% annually.
€33.7B
Global market (TAM)
CAGR ~16.2% from 2024
€173M
Norway (TAM)
€101M
Addressable market (SAM)
€50M
Obtainable market (SOM)
Financial plan
Growth financed with private capital and public grants. Break-even Q2 2027.
>2 MNOK
ARR April 2026 (current)
4 MNOK
ARR target 2026
20 MNOK
ARR target 2027
Experience from construction, tech, and scaling
Benedicte Økland
CEO
Founded Construction City Cluster, Norway's first innovation hub for construction and real estate. 20+ years of experience in innovation, construction, and real estate.
Arne Eirik Nielsen
CTO
MSc Computer Science (NTNU). 20+ years of experience as developer, architect, and engineering leader. Led the software team at Easee through years of exponential growth.
Wenn Property board of directors
Research-driven innovation
Wenn Property leads CliVa, a Research Council of Norway project with direct application in the company's platform, data foundation, and AI work.
What if half your maintenance budget goes to the wrong things?
In one CliVa case study, what was flagged urgent got downgraded to monitoring — while the deprioritised item was the only one that actually needed attention. Findings like this are the foundation for the tool we're now building.
CliVa
CliVa – Detect and mitigate Climate change risk damage for optimal property Value preservation
CliVa is a three-year Research Council of Norway project where Wenn Property is the project owner. The goal is to develop AI-driven climate risk analysis at building level – enabling owners to prioritise maintenance based on actual risk, not just generic condition grades.
Wenn Property's role
Wenn Property is the project owner and responsible for developing the platform and AI models that connect inspection data, climate scenarios and building science to precise maintenance prioritisation.
Research focus
- AI-supported damage assessment via intelligent dialogue – no building expertise required.
- Climate risk scenarios for individual buildings over 1, 5, and 10 years.
- Structured damage data combining LLMs for text and computer vision for image analysis.
Partners
SINTEF, Geodata, Nortekk, Reco Building & Damage Restoration, Construction City Cluster, Stavanger Municipality, Sykehusbygg and the Norwegian Association for Municipal Engineering (NKF).
Interested in learning more?
We're always open to conversations with investors who share our vision of digitising the construction industry.