Mastt

Mastt develops cloud software for capital project and program management, aimed at the owner's side of construction rather than contractors. The platform consolidates reporting, budgets, contracts, risks, schedules and documents into a single system, giving asset owners, PMOs, program managers and project managers live dashboards and project controls. Core modules cover project and program dashboards, cost management (budgeting, variance analysis, commitments, cash flow and forecasting), schedule tracking through milestones, phases and gates, risk registers built on 4x4 or 5x5 matrices at project or program level, and document management with folder structures and file-level search.

The company has repositioned around what it calls agentic AI for construction project teams. Its Agent product provides each team member with an AI assistant that handles administration, reporting, document review and data work, supported by Knowledge (company templates, procedures and lessons learned), Templates for on-brand drafting, and Workflows that repeat configured processes. Other AI capabilities described include document analysis, contract review, payment verification, data entry automation and natural-language question answering over stored project files. Program-level features roll up cost, risk, schedule and reporting from individual projects into portfolio, regional or asset views with audit trails.

Mastt markets to project owners, real estate developers, project management consultants, owner's representatives, government bodies and small businesses, and publishes industry-specific pages spanning aviation, education, energy, healthcare, industrial, infrastructure, public works, retail and utilities. It also maintains a public library of free templates and dashboards, a glossary, research and a directory of project management firms as content assets.

Founding story

CEO Doug Vincent worked as a project manager on the owner's side of construction, spending a decade at RPS delivering more than $2 billion in capital works including the $2.1 billion Defence Navy Infrastructure program. Frustrated by billions of dollars of capital works being managed in spreadsheets and by the manual administration burden on project teams, he founded Mastt with co-founders Raman Nambiar and Jamie Cerexhe, launching the company in November 2019 in Sydney with the goal of replacing spreadsheets and manual reporting with easy-to-use project management tools.

Business model

Mastt sells a subscription software-as-a-service platform. Self-service sign-up is offered with no credit card required and a first project free, with paid plans as customers add projects and an enterprise route handled through direct contact with the company. A sales function supports discovery, procurement and onboarding for capital project teams.

Recurring software subscriptions, tiered by number of projects, with free entry-level usage and enterprise agreements negotiated directly.

Traction

Mastt reports 22 team members, operations in four countries and a Sydney headquarters. At its 2022 Series A the company said it served large project owners and consultants in Australia, the United States and the Middle East, naming Jacobs, Aurecon, AECOM, WSP, Australian governments and Dar Al Arkan among users, and press coverage at the time noted plans to almost double headcount. Customer testimonials are published from firms including Mostyn Copper.

Latest developments

Mastt now leads with its Agent product, an AI teammate for construction project team members covering admin, reporting, document review and data work, supported by organization-wide Knowledge, Templates and Workflows. Recent platform documentation describes AI-powered document analysis, contract review, payment verification and data entry automation, plus program and portfolio roll-ups and automated report generation. The team page lists 22 employees across engineering and AI, customer success, and marketing and sales, with growing AI-focused engineering hiring.