BCIS secures new investment to support continued growth and innovation

BCIS has secured new investment from Bowmark Capital, marking the next phase of growth for the business as it continues investing in data, technology and customer experience during its 65th anniversary year.

The investment will support further development of BCIS’s digital platforms, data capabilities and analytical tools, helping the business continue delivering trusted insight to professionals across the built environment and insurance sectors.

Founded by the Royal Institution of Chartered Surveyors (RICS) in 1961, BCIS has supported the construction industry for more than six decades through changing economic conditions, evolving professional practices and increasing demands for reliable benchmarking and cost intelligence.

Today, BCIS is trusted by more than 4,000 subscribing organisations across construction, infrastructure, asset management and insurance, supporting decision-making in areas including cost planning, benchmarking, forecasting and risk management.

Since becoming independent from RICS in 2022, BCIS has accelerated investment across the business, more than doubling the size of its team while continuing to expand its platforms, data resources and analytical capabilities.

BCIS CEO Richard Linstead said the investment would help the business continue building on that progress.

“For 65 years, BCIS has helped the built environment sector make more informed decisions using trusted construction data and insight. As the industry faces increasing economic and commercial complexity, the importance of reliable sector-specific intelligence has only grown.

“Since becoming independent, we have focused on strengthening our data, systems and teams so that the insights we provide remain relevant, robust and useful in practice. This investment will help us accelerate innovation, continue improving our platforms and further develop products and services that support real-world decision-making across construction and insurance markets.”

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