UK contech companies raised £57.1m in 2025 — the biggest year on record for the sector — and 2026 has opened even more strongly, with £38.1m raised through the first quarter alone. In total, contech companies in the UK have raised £259m across all equity fundraisings tracked by Beauhurst, with 94% of that total arriving since the start of 2020.
We’ve ranked the top 25 contech companies by total equity raised (all data sourced from the Beauhurst platform).
What is contech?
Contech — short for construction technology — covers the application of software, hardware, and materials science to the design, construction, and management of the built environment. It spans site-monitoring sensors, BIM and augmented reality tools, AI-driven project planning, low-carbon building materials, and platforms that digitise procurement, subcontracting, and site communications.
Beauhurst tracks 132 active contech companies in the UK, up from 44 in the final quarter of 2015 — a 200% increase over the decade. Together, these companies have raised £259m, with £242m of that arriving since 2020 (94% of the sector’s all-time total). The 15 companies reporting full financials generated £1.03b in turnover, and the sector supports an estimated 6,908 employees across the UK.
Key findings
- Converge tops the ranking with £41.0m raised. The West Midlands-based company develops sensors and real-time data analytics for construction sites, and accounts for 16% of all UK ConTech equity raised to date.
- XYZ Reality (£34.4m, London) takes second place with augmented reality tools for viewing 3D construction models on site, followed by Foresight (£28.6m, London) in project management software, nPlan (£28.1m, London) in machine learning for construction outcomes, and Qualis Flow (£14.4m, London) in IoT environmental monitoring. The top five account for 57% of all equity raised in UK contech.
- London hosts 12 of the top 25, followed by the South West (3) and the North East (2). The top 25 spans 11 UK regions in total — an unusually broad geographic footprint for a list of this size.
- Venture-stage businesses dominate the top 25 (16), followed by growth-stage (5), with two seed-stage companies and two exited businesses. Notably, no established companies appear in the top 25 — a profile that marks contech out as the youngest sector we’ve analysed, with the entire leading cohort still in active growth phase.
- The top 25 collectively raised £236m — 91% of the sector’s all-time total.




