About Newforma
Download our Fast Facts and a Media Backgrounder PDF
Newforma is a software company serving architecture, engineering, construction, and owner/operator (AECO) organizations worldwide. Our mission is to develop and market industry-leading solutions which significantly improve efficiency and productivity by reducing exposure to errors and omissions, improving coordination and communication, streamlining work processes, increasing cost and quantity visibility and enabling greater repeatability of project success.
Newforma™ Project Center, our flagship product, creates a more productive environment for project managers and teams by organizing project information, facilitating information exchange and enabling efficient processes.
Newforma was founded in November 2003 by seven industry professionals who, as a team, have accumulated decades of software and AECO industry experience. Jesse Devitte of Borealis Ventures is Newforma’s seed investor. Bob Batcheler, Jim Forester, Todd Kozikowski, Larry Nuttall, Dave Plunkett and Allen Preger have, at various points in their careers, worked together defining, developing and marketing popular technical software applications, many of which are still used today by leading architecture and engineering companies.
Team members re-united at Newforma to fill the need for technology that would help architects and engineers drive their processes. The team invested many months capturing customer requirements, validating a product strategy and preparing the business plan that culminated in Series A funding in May 2004.
With Series A funding, Chief Executive Officer Ian Howell has recruited a high-performing development team and continued to work with leading firms in the industry to further define and validate detailed product specifications, resulting in the release of Newforma Project Center, First Edition, in May 2005.
Over the remainder of 2005, Newforma successfully completed a Series B round and captured feedback from early customers Newforma Project Center’s use on live building and infrastructure projects.
Newforma Project Center had its commercial debut April 1, 2006. In the 16 months following, architectural and engineering firms have implemented nearly 7,000 new seats of Newforma Project Center, and the rate of adoption is climbing. Users include forward-thinking firms of all sizes, from HOK Sport to Jordan, Jones & Goulding to Mackey Mitchell Associates.
|