Newforma

Newforma

Newforma is headquartered in Manchester, New Hampshire. The company was founded in 2001 but its current executive leadership and ownership structure are not publicly disclosed, making it distinct from venture-backed AEC software competitors like Procore or Autodesk. The firm's core product, Newforma Konekt, is a cloud-based platform that manages project emails, submittals, RFIs, and document revisions for architects, engineers, general contractors, and building owners. Client case studies cite specific operational gains: architecture and engineering firm Shive-Hattery reported reducing RFI and submittal response times by approximately 50% after integrating Konekt with Procore, generating $1,000 to $3,000 in cost savings per project. SimpsonHaugh, a UK-based architecture practice, uses the platform to centralize project data and reduce risk. Newforma also offers on-premise server-based software for firms that require control over data security. The company primarily serves North American and European AEC firms, though geographic details are not fully disclosed. Newforma counts among its users several of the world's largest AEC firms, processing over 1 billion emails and 6 million submittals on its platform. The company does not publicly disclose its annual revenue, funding history, or team headcount. Its business model is product-focused rather than fund- or asset-based, operating as a private technology company rather than a registered investment adviser. No recent operational events (e.g., product launches, funding rounds, executive hires) from the last 24 months could be verified through public sources. Newforma's structural distinction lies in its narrow vertical focus and go-to-market strategy. Unlike horizontal document management platforms, the company builds exclusively for AEC workflows and has maintained independence from major construction tech investors or strategic acquirers. Its ownership remains opaque — no institutional investor, parent company, or succession plan is publicly documented, making it one of the less transparent firms in the construction software space.