Investor 
Hiboo
Platform for monitoring and optimizing the use of construction equipment.
Hiboo is a platform that uses data to improve the productivity and energy efficiency of all industrial equipment fleets.
THE NEEDS THEY MEET
- Construction is the third largest source of CO2 emissions in France. It accounts for 23% of national emissions (ADEME).
- Environmental impact of construction equipment: Construction machinery operates at idle speed (inactive but with the engine running) 37% of the time on average.
- Lack of reliable carbon data: Market requirements in terms of carbon reporting are becoming increasingly stringent. Measuring your carbon footprint is the first step towards reducing emissions.
WHAT CONVINCED US
- A strong team with extensive experience in the sector.
- A product deeply rooted in its customers’ operations. Very high usage and no customer losses since the company was founded.
- Strategic expertise in data. Strong legitimacy in the market and a unique equipment catalog.
- A highly differentiated positioning.
- The only pure software player in a market where all competitors offer sensor-based solutions.
- Market awareness, driven by regulation. RE2020 and CSRD are pushing construction players to accurately measure the footprint of their construction sites.
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