Podcasts about construction tech

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Best podcasts about construction tech

Latest podcast episodes about construction tech

Bricks & Bytes
The Sales Mastery Behind Levelset's $500M Exit - GTM Tactics & Growth From CRO Martin Roth

Bricks & Bytes

Play Episode Listen Later Apr 22, 2025 82:23


"We got to a million dollars in ARR by taking meetings any way we could - sending chunky mail, handwritten cards, even just picking up the phone. It's simple."In today's episode of Bricks, Bucks and Bytes, we had Martin Roth sharing his journey as Levelset's go-to-market leader and the real-world tactics that helped scale the business to a successful exit.Tune in to find out about: ✅ Why the first million in revenue requires founders to do the selling themselves ✅ The five key traits Martin looks for when hiring salespeople (grit, resourcefulness, enthusiasm, curiosity, ambition) ✅ How selling to construction differs from typical B2B SaaS ✅ Why you should never hire a sales director before hitting $1M in ARRMartin reveals how Levelset went from $1.5M to $10M ARR in six years, then doubled to $20M in just 18 months once they figured out their go-to-market strategy. A must-listen for construction tech founders looking to scale sales operations.---------Timestamps00:00 Intro05:06 Introduction to the Journey09:10 Early Days at Levelset17:14 Go-to-Market Strategy Evolution23:59 Sales Techniques and Lessons Learned26:04 Differences in Construction Tech vs. B2B SaaS29:42 Understanding the Construction Industry's Landscape35:23 Navigating Messaging Challenges in a Diverse Market42:58 Sales Strategies for SMB vs. Enterprise Markets53:27 Handling Long Sales Cycles in Construction56:06 Navigating Enterprise Sales Challenges58:57 The Role of Champions in Sales1:01:54 Understanding the Cost of Adoption1:05:12 Effective Communication in Sales1:06:54 Key Traits of Successful Salespeople1:14:11 Building a Sales Team and Leadership Dynamics

Constructed Futures
Grant Quasha Decarbonizing Concrete at Eco Material Technologies

Constructed Futures

Play Episode Listen Later Apr 1, 2025 28:27


Check out Eco Material Technologies here: https://ecomaterial.com/Follow Grant here

Crushing It In Construction
#103 From Concreter To Construction Tech Founder With Daniel Ouliaris

Crushing It In Construction

Play Episode Listen Later Apr 1, 2025 31:12


Welcome back to the Crushing It In Construction Podcast.Are you a subcontractor who's lost in an endless list of manual tasks and processes?This week sees Daniel Ouliaris step into the chair - he's a former concreter and now Founder/CEO of Neo Intelligence.Neo came about when Daniel and his brothers chose to reinvest money from their successful concreting business into designing software that solves all of their biggest pain points.And it turned out they weren't alone - subbies all over Australia are reaping the rewards. He takes us through how the company came to be, what they're solving, and why he believes a broken industry is a chance to rebuild from the ground up.Let's get started.CONTACT DETAILSDaniel OuliarisLinkedIn: https://au.linkedin.com/in/daniel-ouliarisWebsite: https://neointelligence.com.au/Jordan SkinnerLinkedIn: https://www.linkedin.com/in/jordan-skinner-685439178/Website: https://moonshotmedia.com.au/Are you as influential in the construction industry as you think? Take the quiz to find out:http://www.constructingaleader.com/quiz

The Building Talks Podcast
Talking with Damien Quinn about Construction, Tech Start-ups & AI: From Cadet to CEO!

The Building Talks Podcast

Play Episode Listen Later Mar 31, 2025 83:55


Got a question about the show? Click here & Send us a text!Hey, Legends! Welcome to another episode of The Building Talks Podcast! This week, I'm catching up with Damien Quinn, a bloke who's made the bold move from construction project management to tech entrepreneur. Starting out as a cadet while studying, he climbed the ranks at Multiplex, then took the leap into software, start-ups, and securing capital to grow—and he's got some cracking insights to share!We chat about the shift from building sites to software development, the role of AI in construction, and the challenges of capital raising. Plus, Damien gives us the inside scoop on how real-time quality assurance tech like Visibuild is shaking up the industry.Key takeaways from this episode:✅ From cadet to CEO—how Damien made his career shift.✅ Why some construction pros are turning to tech and start-ups.✅ The power of real-time quality control in construction.✅ The evolving role of AI—is it ready to change the game?✅ How sales and relationship-building drive success in any industry.✅ The start-up rollercoaster—raising capital, bootstrapping, and picking the right investors.✅ The work-life balance struggle in construction—can it be fixed?

Constructed Futures
Andrew Ackerman: The Entrepreneur's Odyssey

Constructed Futures

Play Episode Listen Later Mar 27, 2025 28:42


Pre-order The Entrepreneur's Odyssey hereIf you do, email him a screenshot of the purchase so he can invite you (or a portco if you're a VC) to his in person sessions here: andrewbackerman@gmail.comFollow Andrew's Socials here:LinkedIn: http://www.linkedin.com/in/andrewbackermanX @AndrewAckermanBlog: http://AsAngelsSeeIt.com

Contractor Success Forum
The ROI of Construction Tech: Is It Worth the Investment?

Contractor Success Forum

Play Episode Listen Later Mar 18, 2025 25:37 Transcription Available


Send us a textIn this episode of the Contractor Success Forum, Wade and Stephen dive into the rapidly evolving area of construction technology and its impact on the bottom line. From drones and robots to augmented reality and wearable tech, the hosts explore the return on investment (ROI) for various technologies on job sites. Learn about the costs, payback periods, and efficiency gains that these innovations offer. Don't miss out on this insightful discussion to make smarter investment decisions in construction technology.Subscribe to get notified as soon as new episodes go live!Topics we cover in this episode include:00:40 Evaluating the Cost and Benefits of New Technology04:30 Drones: Aerial Imaging and ROI08:33 Robotics and Automation on the Job Site14:45 Wearables and Exoskeletons: Enhancing Worker Efficiency18:51 Augmented and Virtual Reality in Construction20:37 IoT Sensors and Smart DevicesLINKSVisit the episode page at https://carpentercpas.com/techroi for more details and a transcript of the show.Take the FREE Construction Company Health Evaluation: https://profitfirstconstruction.com/free-resource-evaluate-your-accounting-system/Join the Profit First for Construction community!Find all episodes and related links at ContractorSuccessForum.com.Join the conversation on our LinkedIn page: https://www.linkedin.com/company/CarpenterCPAs FIND US ONLINEWade Carpenter, CPA, CGMA | CarpenterCPAs.comStephen Brown, Bonding Expert | SuretyAnswers.com

Contractor Success Forum
The ROI of Construction Tech: Is It Worth the Investment?

Contractor Success Forum

Play Episode Listen Later Mar 18, 2025 25:37 Transcription Available


Send us a textIn this episode of the Contractor Success Forum, Wade and Stephen dive into the rapidly evolving area of construction technology and its impact on the bottom line. From drones and robots to augmented reality and wearable tech, the hosts explore the return on investment (ROI) for various technologies on job sites. Learn about the costs, payback periods, and efficiency gains that these innovations offer. Don't miss out on this insightful discussion to make smarter investment decisions in construction technology.Subscribe to get notified as soon as new episodes go live!Topics we cover in this episode include:00:40 Evaluating the Cost and Benefits of New Technology04:30 Drones: Aerial Imaging and ROI08:33 Robotics and Automation on the Job Site14:45 Wearables and Exoskeletons: Enhancing Worker Efficiency18:51 Augmented and Virtual Reality in Construction20:37 IoT Sensors and Smart DevicesLINKSVisit the episode page at https://carpentercpas.com/techroi for more details and a transcript of the show.Take the FREE Construction Company Health Evaluation: https://profitfirstconstruction.com/free-resource-evaluate-your-accounting-system/Join the Profit First for Construction community!Find all episodes and related links at ContractorSuccessForum.com.Join the conversation on our LinkedIn page: https://www.linkedin.com/company/CarpenterCPAs FIND US ONLINEWade Carpenter, CPA, CGMA | CarpenterCPAs.comStephen Brown, Bonding Expert | SuretyAnswers.com

Constructive
24 - Balanced Innovation in Construction Tech with Paul Hedgepath VDC Director at MJ Harris

Constructive

Play Episode Listen Later Mar 7, 2025 31:52


In this episode, Paul Hedgepath, the Director of Virtual Construction at MJ Harris, discusses the rapid evolution of technology in the construction industry, emphasizing the importance of balancing traditional methods with innovative solutions. He shares insights on the integration of AI and drones, the significance of identifying real problems in construction, and the necessity of fostering a positive work culture. Paul also reflects on his journey from architecture to construction tech and highlights the critical role of people in tech-driven environments.Takeaways:The construction industry is experiencing a rapid evolution in technology.Balancing tradition and innovation is crucial for success.Identifying real problems is key to effective tech solutions.360-degree photography enhances transparency on job sites.Drones provide valuable insights and updates for projects.AI can significantly improve safety and efficiency in construction.Tech adoption is essential for company growth and risk management.Hiring for adaptability and willingness to learn is vital.Creating a positive work culture enhances collaboration and productivity.Technology should be viewed as a tool for improvement, not competition

Innovation to Save the Planet
The $1 Billion Construction Tech Opportunity No One's Claiming

Innovation to Save the Planet

Play Episode Listen Later Feb 24, 2025 39:01 Transcription Available


In this episode of KP Unpacked, KP Reddy breaks down one of his most talked-about LinkedIn posts: the massive, untapped business opportunity in construction technology system integration.The construction industry is fragmented, innovation deployment is inconsistent, and startups struggle with scalability—so why hasn't anyone built a company to solve this? KP and Jeff discuss:

Constructed Futures
Zulq Malik: The future of construction coordination with SMRT-E

Constructed Futures

Play Episode Listen Later Feb 21, 2025 22:11


Check out SmartBuild here: https://smrtbld.com/Check out SMRT-E here: https://smrte.ai  

Bricks & Bytes
Built's Path to becoming a $1.5B Construction Tech Unicorn

Bricks & Bytes

Play Episode Listen Later Feb 21, 2025 74:08


Note : This episode is a re-release of an episode that was initially released at Groundbreakers."It turns out in construction and real estate, there's a lot of big problems. There's an abundance of them." - This candid observation from Built Technologies' CEO perfectly captures why construction tech is ripe for disruption.In our latest conversation with Chase Gilbert, he reveals Built's journey from working with three community banks to becoming a construction tech unicorn that processes over $200 billion in annual construction spend. He breaks down the strategic decision to start with lenders and how it became their path to industry-wide transformation.Tune in to discover:✅ Why "following the money" upstream was the key to market penetration✅ How they turned an 11-person process into a 2-person operation✅ The strategy behind reducing loan processing from 5 days to same-day✅ Why being "long-term greedy" is crucial for sustainable growthListen to the full episode on Spotify to hear Chase's complete breakdown of building a construction tech unicorn.-------------Chapters00:00 Intro02:28 Building a Unicorn in Construction Tech05:04 Identifying and Solving Industry Problems06:40 The Genesis of Built Technologies18:16 Revenue Generation and Business Model26:56 The Importance of Following the Money30:52 Efficiency Metrics and Impact on Lenders38:05 The Landscape of Construction Loans40:42 Navigating the Banking Ecosystem44:19 Go-to-Market Strategy for Financial Institutions49:23 Value-Based Pricing Models50:06 Key Lessons in Scaling a Startup53:28 Building and Maintaining Company Culture59:37 Understanding Unicorn Valuation01:11:01 The IPO Journey and Long-Term Vision

The Rental Roundtable
A Venture Capitalist's Guide to Investing in Construction Tech

The Rental Roundtable

Play Episode Listen Later Feb 19, 2025 39:45


Austin Yount, Partner at Brick & Mortar Ventures, joins the Rental Roundtable to discuss investing in construction tech and the future of equipment rental. Brick & Mortar Ventures is a venture capital firm backed by United Rentals, Home Depot, and Autodesk that invests in innovative software and hardware solutions in construction technology.Tune in to learn:✅ How robotics, electrification, and autonomy could transform rental✅ What construction tech VCs look for in startups✅ The role of grit and customer understanding in software success✅ How construction companies benefit from emerging technology

Bricks & Bytes
Procore's AI Strategy & Implementation - AI's Role in Modern Construction

Bricks & Bytes

Play Episode Listen Later Feb 18, 2025 69:25


"AI agents could eliminate 20% of time spent searching for information on construction projects"In today's episode of Bricks & Bytes, we had Rajitha Chaparala, VP of Product Data and AI at Procore, share fascinating insights about the future of construction technology and AI implementation.Tune in to discover:✅ How AI agents are transforming daily construction workflows - from submittal reviews to schedule updates✅ Why the construction industry is finally embracing AI after years of hesitation✅ The three-pillar approach Procore is taking with AI: Co-pilot, Automation, and Insights✅ How reality capture technology combined with AI is revolutionizing progress trackingWant to learn more about how AI is reshaping construction? Listen to the full episode here:-------Sign up to the #1 Newsletter In Construction Tech. Join over 1,000 like-minded Founders, Investors and Techies disrupting the way we build. Forever : https://bricks-bytes.beehiiv.com/subscribe------LinkedIn: https://www.linkedin.com/company/bricks-bytes/X/Twitter: https://twitter.com/bricksbytespodYoutube: https://www.youtube.com/channel/UCmNbunUTIIQDzbJgGJt9_ZgInstagram: https://www.instagram.com/bricksbytes/—---------------------------Chapters00:00 Intro05:07 Introduction to AI in Construction10:15 The Impact of LLMs on Construction15:23 Understanding AI Agents21:22 The Future of AI Agents in Construction27:13 Data Infrastructure Challenges in Construction37:29 Leveraging AI for Data Capture39:07 Enhancing Accuracy through Human-AI Collaboration41:13 The Role of RealityCapture in Construction43:12 Navigating the Rapidly Changing AI Landscape47:15 Defining AI's Role in Construction Tech50:12 Flexibility in AI Model Utilization53:04 Procore's AI Strategy and Team Dynamics57:18 Leveraging Data for Construction Insights59:19 The Optimistic Future of AI in Construction1:03:07 Understanding Customer Needs in Construction Tech------ #podcast #construction #constructionindustry #bricksandbytes #startups  #architecture #design #civilengineering #engineering #constructiontechnology #engineer #architect #civilengineer #concrete #podcaster #podcasting #entrepreneur #podcasts #podcastlife #startups #entrepreneurship 

Bricks & Bytes
The Truth Behind DeepSeek's Impact on AEC | Alan Mosca on AI & Construction Tech

Bricks & Bytes

Play Episode Listen Later Feb 11, 2025 78:16


"Training an AI model's final run for $6M does not mean the entire model costs $6M"In today's episode of Bricks and Bytes, we had Alan Mosca, CTO and co-founder of nPlan, who shared fascinating insights about AI developments, construction tech, and the future of project planning.Tune in to find out about:✅ The truth behind DeepSeek's training costs and why media reporting missed the mark✅ How nPlan's Barry agent helps construction teams make better decisions through meeting notes, WhatsApp integration, and email connectivity✅ Why the future of software isn't SaaS - it's buying outcomes through agents that perform specific tasks✅ nPlan's game-changing "Schedule Studio" that can generate detailed project schedules in 45 minutesListen to the full episode to learn how AI is reshaping construction planning and why transparency, not blame, is key to better project outcomes.----Chapters00:00 Intro05:26 Introduction and Overview of Enplan07:12 DeepSeek and the Reality of AI Training Costs15:36 Open vs Closed Source Models in AI26:23 The Rise of Agents in AI and Construction31:23 Future of Startups: Agents vs Traditional Software36:01 The Evolution of AI and the Path to AGI44:01 Defining AGI and Its Implications45:26 Introduction to Nplan and Its Mission47:24 The Functionality of Barry: AI in Project Management49:27 Continuous Learning and Model Optimization53:23 Demonstrating the Value of Planning in Construction57:28 Customer Perspectives on AI in Project Management1:00:31 Product Development and Future Directions for Nplan1:11:39 Cultural Change in Construction Through AI

Thrive In Construction with Darren Evans
Ep. 54 The Secret to Cutting Costs and Reducing Waste in Construction—Tech's Role in the Future

Thrive In Construction with Darren Evans

Play Episode Listen Later Jan 30, 2025 39:19


Send us a textRevolutionising Construction with Technology & AIThis week on Thrive in Construction, we uncover how cutting-edge technology and AI are transforming the construction industry, solving age-old challenges, and paving the way for a more efficient and sustainable future. Our guest, Chun Qing Li, shares his journey of developing innovative solutions like Design for Manufacturing and Assembly (DFMA), advanced 3D modeling, and digital twins to streamline workflows, reduce waste, and enhance transparency.

Analyse Asia with Bernard Leong
Undivided Ventures: AI, Sustainability & Data Centre Technologies with Ariel Shtarkman

Analyse Asia with Bernard Leong

Play Episode Listen Later Jan 26, 2025 44:37


" Now, the beauty about the real estate industry, if you look outside and you look at the commercial buildings, you have a lot of data generated on a daily basis. The challenge is, what do you do with this data? How do you mine this data in a smart way to give you better investment decisions going forward [or] better decisions on how you run the building? Where are the opportunities to reduce your expenses? On the climate side, how do you reduce your operational carbon? How do you make those buildings better? I think that here, Gen AI, can help big time, because any solution that will mine this data smartly and will create a result, an output, that end users and owners can use to their advantage.” - Ariel Shtarkman Fresh out of the studio, Ariel Shtarkman, Managing Partner and Co-Founder of Undivided Ventures, joins us to share the mission and vision of Undivided Ventures and how the fund is driving innovation at the intersection of sustainability, PropTech, and construction technology. Beginning with her origin story, Ariel reflected on her journey from real estate private equity in New York to becoming a venture capitalist championing sustainable technologies in Asia. She elaborated on Undivided Ventures' investment thesis, focusing on scaling sustainability-driven innovations in the built environment and shared key portfolio highlights, including successful investments like Structure Pal. Ariel also explored the transformative potential of generative AI, robotics, and data centers in addressing challenges in real estate and construction. Last but not least, she offered her insights on navigating fundraising in a challenging venture capital landscape and painted a compelling vision of what great looks like for Undivided Ventures. Audio Episode Highlights: [00:46] Quote of the Day: Ariel Shtarkman on data and AI in real estate. [01:40] Introduction: Ariel Shtarkman, Managing Partner at Undivided Ventures. [04:23] How she co-founded Undivided Ventures with Alex. [06:08] Lessons from her career journey. [08:06] Overview of Undivided Ventures and its investment thesis. [10:33] Recent highlights of the fund's portfolio. [12:46] Unique insights into Undivided Ventures' investment approach. [14:59] Lessons learned from fundraising in challenging times. [17:28] Generative AI's impact on PropTech and sustainability. [21:00] Case study: Structure Pal's innovative approach in PropTech. [23:35] Traits of founders that attract investment. [27:19] Red flags in startups and founders. [29:24] Approach to valuation and avoiding overblown valuations. [31:19] Insights on data centers and how to think about data center technologies globally. [37:09] Robotics and their evolving role in construction. [39:12] The one question that Ariel wishes people would ask her more about Undivided Ventures. [41:18] What does great look like for Undivided Ventures over the next few years. [42:32] Closing. Profile: Ariel Shtarkman, co-founder and managing partner, Undivided Ventures: https://www.undivided.vc/about and LinkedIn profile: https://www.linkedin.com/in/ariel-s-2850322/ Podcast Information: Bernard Leong hosts and produces the show. The proper credits for the intro and end music are "Energetic Sports Drive." G. Thomas Craig mixed and edited the episode in both video and audio format. Here are the links to watch or listen to our podcast. Analyse Asia Main Site: https://analyse.asia Analyse Asia Spotify: https://open.spotify.com/show/1kkRwzRZa4JCICr2vm0vGl Analyse Asia Apple Podcasts: https://podcasts.apple.com/us/podcast/analyse-asia-with-bernard-leong/id914868245 Analyse Asia YouTube: https://www.youtube.com/@AnalyseAsia Analyse Asia LinkedIn: https://www.linkedin.com/company/analyse-asia/ Analyse Asia X (formerly known as Twitter): https://twitter.com/analyseasia Analyse Asia Threads: https://www.threads.net/@analyseasia Sign Up for Our This Week in Asia Newsletter: https://www.analyse.asia/#/portal/signup Subscribe Newsletter on LinkedIn https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7149559878934540288

Bricks & Bytes
Why Brick & Mortar is Going Global - Construction Tech Investing In India, Europe & Beyond

Bricks & Bytes

Play Episode Listen Later Jan 21, 2025 75:31


"We invested in companies doing direct factory procurement in India, access control for equipment theft prevention, and project management tools for emerging markets - and that's just from our latest cohort." In today's episode of Bricks & Bytes, we had Alice from Brick & Mortar Ventures share fascinating insights about construction tech investing, global expansion, and what's happening in different markets. Tune in to find out about:  ✅ Why construction tech startups are increasingly launching outside Silicon Valley, especially in Europe and India  ✅ How construction tech in India feels like the US market did 6 years ago - and why that's exciting  ✅ The shift in founder profiles: from industry veterans to repeat entrepreneurs and deep tech experts  ✅ Why mega-funds might not be the best thing for construction tech right now

Brewing with BIM
BWB Episode 99: Mastering Construction Tech, Wrestling, and Personal Growth with Adriel Navarro

Brewing with BIM

Play Episode Listen Later Dec 10, 2024 45:48


In this episode of Brewing with BIM we sit down with Adriel Navarro, Senior Partner Consulting Manager at Autodesk, to discuss the intersection of construction technology, professional development, and the lessons learned from wrestling and comedy. Adriel shares his unique journey from selling sneakers to shaping the future of construction tech, emphasizing the importance of adaptability, communication, and continuous growth. They dive deep into the latest advancements in Autodesk Construction Cloud, including updates to BuildingConnected, ProEst, and Learn ACC, and explore the value of creating impactful client relationships through collaboration and curiosity. Whether you're into BIM, construction tech, or the art of presenting with confidence, this episode has something for everyone. Tune in for insights, inspiration, and a few laughs along the way. --- Support this podcast: https://podcasters.spotify.com/pod/show/brewingwithbim/support

Bricks & Bytes
What We Learned After a Year of Talking to Construction Tech's Biggest Names - November Monthly Review

Bricks & Bytes

Play Episode Listen Later Dec 10, 2024 60:40


"Follow the money to grow, follow your passion to build. While US construction tech startups have raised $30B, India's $1B investment is yielding better returns." In today's episode of Bricks & Bytes, we did our November Monthly Review where we reflected on an action-packed month of content creation and exciting future plans. We even explored fascinating market dynamics, founder insights, and geographic opportunities in construction tech. Tune in to find out about: ✅ Our successful launch of the AI in Construction Report and first steps into monetization ✅ Highlights from our Boston trip interviewing startups at Suffolk's boost cohort ✅ Behind the scenes of the upcoming Ediphi super series releasing in January ✅ Plans for New York and San Francisco tour in 2025, plus a potential India expansion Listen to the full episode on Spotify to hear Owen, Martin, and Patric discuss their key takeaways from November, upcoming content plans, and Patric's take on why founders often over-obsess with product and under-obsess with distribution. ----------- Chapters 00:00 End of Year Reflections 03:01 Cultural Differences in Business Mindset 05:50 The Impact of Travel on Business 08:47 Exploring AI in Construction 12:11 The Role of Community in Innovation 14:55 Challenges in Design and Construction Software 17:52 The Disconnect Between Traditional and Startup Worlds 21:00 The Influence of Trust in Business Relationships 24:07 Venture Capitalists in Government 26:59 The Future of Governance and Innovation 32:48 Understanding Argentina's Political Landscape 35:09 The Importance of Product Distribution 40:40 Marketing Challenges in Construction Tech 43:47 Trends in AEC Technology 44:29 Talent Acquisition in the AEC Sector 46:03 Investment Trends in Construction Tech 50:34 Cultural Insights: Christmas Traditions 57:33 Closing Thoughts and Future Plans

Bricks & Bytes
Microsoft's Vision For Construction Tech - Ajoy Bhattacharya

Bricks & Bytes

Play Episode Listen Later Dec 3, 2024 68:08


"Microsoft's secret weapon in construction tech? It's not what you think." In today's episode of Bricks and Bytes, we had Ajoy Bhattacharya from Microsoft, and we got to learn about the tech giant's unexpected approach to innovation in construction, the power of digital identity on job sites, and why AI isn't just about generating content. Tune in to find out about: ✅ Why Microsoft hired a construction industry veteran ✅ The surprising focus of Microsoft's construction tech strategy ✅ How a simple login solution boosted efficiency on job sites ✅ Microsoft's vision for AI in the AEC industry Listen now on Spotify to discover how Microsoft is quietly revolutionizing construction technology, one login at a time. ----- BuildVision is a procurement network for the $5T commercial construction market. We are transforming the commercial construction supply chain by bringing contractors, manufacturers, and project stakeholders onto a single software platform—revolutionizing how every component is sourced, purchased, and financed.  ---- Sign up to the #1 Newsletter In Construction Tech. Join over 1,000 like-minded Founders, Investors and Techies disrupting the way we build. Forever : https://bricks-bytes.beehiiv.com/subscribe ---- Chapters: 00:00 Intro 04:12 Introduction to Ajoy Bhattacharya and Microsoft 07:21 Innovation in Construction: A Personal Journey 10:15 Defining Innovation in the Construction Industry 13:12 Transitioning from Suffolk to Microsoft 16:25 Leveraging Microsoft's Ecosystem for Construction 19:22 The Role of AI in Construction 22:20 Microsoft's Strategy in the AEC Industry 25:02 Case Studies: Efficiency through Technology 28:26 The Importance of User Adoption 31:18 Future Trends: AI and Voice Enablement 34:13 Microsoft Copilot: Enhancing Productivity 37:05 The Role of Startups in Construction Tech 40:11 Key Messages from Recent Talks 43:19 Closing Thoughts and Future Outlook

Bricks & Bytes
Building a $902M Construction Tech Giant: Inside OpenSpace's Growth Story

Bricks & Bytes

Play Episode Listen Later Nov 29, 2024 73:39


Note: This is a Re-Release of an episode that was originally released on Groundbreakers. Unicorn? Nearly. But who cares In today's episode of Groundbreakers from Bricks and Bytes, we had Jeevan from OpenSpace, and we got to learn about building a successful construction tech startup, the importance of product simplicity, and how to scale effectively in a complex industry. Tune in to find out about: ✅ Why focusing on mid-market clients can be more valuable than chasing big names ✅ The power of a simple, user-friendly product in driving adoption ✅ How OpenSpace's technology is reducing insurance claims in construction ✅ The importance of demonstrating quick time-to-value for customers Listen to the full episode on Spotify to gain insights from one of construction tech's most innovative leaders. -------- Sign up to the #1 Newsletter In Construction Tech. Join over 1,000 like-minded Founders, Investors and Techies disrupting the way we build. Forever : https://bricks-bytes.beehiiv.com/subscribe --------  #podcast #construction #constructionindustry #bricksandbytes #startups  #architecture #design #civilengineering #engineering #constructiontechnology #engineer #architect #civilengineer #concrete #podcaster #podcasting #entrepreneur #podcasts #podcastlife #startups #entrepreneurship 

Your Project Shepherd Construction Podcast
EP 90 | From Chaos to Clarity: AI-Powered Construction Management with Ressio & CEO Mitchell Kasselman

Your Project Shepherd Construction Podcast

Play Episode Listen Later Nov 8, 2024 33:47


Construction management is often a 24/7 job—late-night client emergencies, constant project updates, and unending challenges. But in 2024, technology is transforming the industry, giving builders back control of their time and operations. In this episode, Mitchell Kasselman, CEO and Co-founder of Ressio Software, joins host Curtis Lawson to discuss how AI-powered software solutions are reshaping the construction industry, improving both business efficiency and quality of life for custom builders. Mitchell, a former McKinsey consultant and ServiceChannel leader, shares how construction management software can simplify complex processes, streamline communication, and prevent those late-night work crises. Together, they explore the power of modern project management tools and how they're making building smarter, faster, and more sustainable. Key Takeaways: How AI-powered software is transforming construction management in 2024 and beyond The importance of proactive project management over reactive problem-solving Streamlining communication and client updates to prevent unnecessary stress Building scalable, sustainable systems that grow with your business How technology gives builders their time back without adding complexity Quote of the Episode:"It's 2024, your software should feel like it's 2024." – Mitchell Kasselman, CEO of Ressio Software Episode Chapters: [00:00] Intro: The Challenges of Construction Management in 2024 [05:30] The Role of AI in Construction Tech [10:15] Streamlining Communication and Project Updates [15:45] Building Scalable Processes for Long-Term Success [22:00] Moving from Chaos to Clarity with Modern Software Solutions [28:30] Final Thoughts: Taking Control of Your Time and Business Learn More About Ressio Software: https://www.ressiosoftware.com/ https://www.instagram.com/ressiosoftware/ https://www.linkedin.com/company/ressiosoftware https://www.facebook.com/people/RessioSoftware/100089514371595/ Guest: Mitchell Kasselman is the CEO and Co-founder of Ressio Software, a company on a mission to bring construction software into the future. With experience at McKinsey & Company and ServiceChannel, Mitchell's approach focuses on simplifying construction operations and improving the builder's quality of life. LinkedIn: https://www.linkedin.com/in/mitchellkasselman/⁠

Option Five
154: Construction Tech's Biggest Misstep | Overlooking On-Site Realities ft. Tyler Campbell

Option Five

Play Episode Listen Later Nov 4, 2024 42:22


Tyler Campbell is the owner of Storybuilder Creative and co-host of the Construction Brothers podcast. His background in steel detailing coupled with experience creating videos in the commercial construction industry grants Tyler with unique insights into areas where construction tech falls short and how it can be improved. Topics include: * Challenges with technology adoption* The importance of proximity * Generational shifts in the industry* Technologists in the fieldBrought to you by Crema - Get the most out of your existing product teams. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.peopleofproduct.us

Bricks & Bytes
Suffolk Boost Program, Super Series with Ediphi, AI Report & Construction Tech Funding - October's Monthly Roundup

Bricks & Bytes

Play Episode Listen Later Nov 3, 2024 42:54


"50% of construction projects are over budget or late due to contract compliance issues." In this month's roundup episode, Martin & Owen discussed about their newly released AI report, which explores AI applications in construction document management. They interviewed five startups and Microsoft to gather insights for this report. They discussed upcoming plans, including a trip to Boston to record episodes with Suffolk's Boost program startups. Martin and Owen reflected on some notable episodes from October, including conversations with industry veterans like Amar from Autodesk and a discussion on why construction tech companies fail, using Flux as a case study. They touched on the rapid growth of construction tech funding, now representing 0.8% of total VC funding, up from 0.2-0.3% pre-2021. They also mentioned their robotics podcast, Bitbuilders, and an interesting episode about space construction with Lee Rosen from Think Orbital. Go and check out the AI Report on our Patreon Page: https://www.patreon.com/bricks_bytes/shop/construction-tech-revolution-in-india-596700?utm_medium=clipboard_copy&utm_source=copyLink&utm_campaign=productshare_creator&utm_content=join_link Also, don't forget to watch the full roundup episode here:

Constructed Futures
Damion Lupo: Revolutionizing Construction Framing at FrameTec

Constructed Futures

Play Episode Listen Later Oct 31, 2024 30:29


Check out FrameTec: https://www.frametec.com/

Bricks & Bytes
Sold For $275M - Dustin DeVan's Construction Tech Journey

Bricks & Bytes

Play Episode Listen Later Oct 25, 2024 66:25


Note: This is a Re-Release of an episode that was originally released on Groundbreakers. "I raised $250,000 pitching random people in coffee shops." - Dustin DeVan's unconventional approach to startup funding In this episode, we had Dustin DeVan, founder of Building Connected and Ediphi, sharing his journey from selling a company for $275 million to starting anew in the construction tech space. Tune in to find out about:  ✅ The power of cold emails in securing VC meetings  ✅ Why San Francisco's startup ecosystem is no longer what it used to be  ✅ How to build a successful construction tech startup in today's market  ✅ The challenges of innovating within large, established companies Listen now on Spotify to hear Dustin's insights on fundraising, scaling startups, and the future of construction technology. A must-listen for founders, investors, and anyone interested in the evolving landscape of construction tech. ---------------------------- Sign up to the #1 Newsletter In Construction Tech. Join over 1,000 like-minded Founders, Investors and Techies disrupting the way we build. Forever : https://bricks-bytes.beehiiv.com/subscribe LinkedIn: https://www.linkedin.com/company/bricks-bytes/ X/Twitter: https://twitter.com/bricksbytespod Youtube: https://www.youtube.com/channel/UCmNbunUTIIQDzbJgGJt9_Zg Instagram: https://www.instagram.com/bricksbytes/

Tangent - Proptech & The Future of Cities
The Easiest Way to Integrate with Multifamily Property Management, with Propexo CEO Remen Okoruwa

Tangent - Proptech & The Future of Cities

Play Episode Listen Later Oct 22, 2024 39:22


Remen Okoruwa is a former strategy consultant and product manager, and now Co-founder and CEO at Propexo. His company helps property owners, operators, and proptech companies deliver better resident experiences through the power of data. Propexo provides tools for connecting property management software with other technology in a streamlined way. Propexo is a customer-centric organization that focuses on data strategies that delight residents, improve NOI, and make Multifamily real estate a better place for everyone.(2:06) - Remen's & Propexo's origin story(4:47) - Building the Plaid for Proptech(8:32) - State of Propexo today(12:02) - Propexo's model & ROI in Multifamily(16:04) - Serving diverse use cases & customer base(17:22) - Feature | Berkadia's BeEngaged - Learn more: Ecosystem of founders, industry professionals, and capital providers dedicated to redefining the commercial real estate space.(18:59) - How Proptech VC looks at integratability(24:26) - Building a collaborative & customer-centric product road map(26:54) - RealPage v. US Justice Department(29:27) - Feature | CREtech NY Conference & Expo - Sign Up: Tangent listeners get a 20% discount using code PARTNERTANGENT20 at checkout.(33:42) - Collaboration Superpower: Cyrus the Great (Wiki)

Constructed Futures
Michael Pink Advanced Construction Schedule Controls at SmartPM

Constructed Futures

Play Episode Listen Later Oct 22, 2024 29:13


Follow Michael hereCheck out SmartPM here: https://smartpm.com/email Michael at mpink@smartpm.com

Bricks & Bytes
Dev Amratia - Building Real Artificial Intelligence in Construction Tech - CEO of nPlan

Bricks & Bytes

Play Episode Listen Later Oct 11, 2024 79:32


Note: This is a repost from an episode which was released on Groundbreakers. "AI is not just about replacing humans, it's about elevating them." - Dev Amratia, CEO of nPlan, shares how AI is transforming construction project management. In this episode, we had Dev Amratia and we got to learn about nPlan's journey in revolutionizing construction risk management, the power of AI in forecasting project timelines, and the importance of company culture in building a successful startup... and many more! Tune in to find out about:  ✅ How nPlan uses AI to analyze over 760,000 construction projects  ✅ The concept of "adding the egg" in product development  ✅ Why outcomes-based services are gaining traction in construction tech  ✅ The importance of a growth mindset in startup leadership Listen to the full episode on Spotify to discover how AI is reshaping the future of construction project management. Sign up to the #1 Newsletter In Construction Tech. Join over 1,000 like-minded Founders, Investors and Techies disrupting the way we build. Forever : https://bricks-bytes.beehiiv.com/subscribe --------------------------------------------------- BuildVision is a procurement network for the $5T commercial construction market. We are transforming the commercial construction supply chain by bringing contractors, manufacturers, and project stakeholders onto a single software platform—revolutionizing how every component is sourced, purchased, and financed.  This episode is brought to you by Shft—the BIM partner you need to fill the gap in your digital skills and tackle your BIM needs, end-to-end. LinkedIn: https://www.linkedin.com/company/bricks-bytes/ X/Twitter: https://twitter.com/bricksbytespod Youtube: https://www.youtube.com/channel/UCmNbunUTIIQDzbJgGJt9_Zg Instagram: https://www.instagram.com/bricksbytes/

Tangent - Proptech & The Future of Cities
How Berkadia's BeEngaged Helps Proptech Startups Redefine Commercial Real Estate, with Berkadia's VP Bryce Nyberg

Tangent - Proptech & The Future of Cities

Play Episode Listen Later Oct 8, 2024 32:29


Bryce Nyberg is the VP, Corporate Development at Berkadia and the Head of BeEngaged. Bryce focuses on advancing innovation in our industry through BeEngaged, partnerships, investments, and acquisitions. His influence in and out of Berkadia, business acumen, and effective program leadership skills lead to remarkable outcomes for the organizations he works with. Startups that have gone through BeEngaged include Esusu, Propexo, Rabbet, Market Stadium, Symmetre, Reffie and Embue.(2:00) - What is Berkadia's BeEngaged(6:58) - What startups are ideal candidates for the program(11:13) - Real Estate no longer a tech laggard?(14:56) - Feature | Berkadia's BeEngaged - Learn more: Ecosystem of founders, industry professionals, and capital providers dedicated to redefining the commercial real estate space.(16:33) - Berkadia's BeEngaged's case studies(21:12) - Feature | CREtech NY Conference & Expo - Learn more: Tangent listeners get a 20% discount using code PARTNERTANGENT20 at checkout.(22:45) - Role of collaboration & integration in the Proptech ecosystem(28:16) - Collaboration Superpower: Warren Buffett (Chairperson of Berkshire Hathaway)

Constructed Futures
Bill Mandara: Pushing Design Boundaries at Mancini Duffy

Constructed Futures

Play Episode Listen Later Oct 8, 2024 23:37


Check out Mancini Duffy on Linkedin hereFollow Bill Mandara hereCheck out Mancini Duffy's website: https://manciniduffy.com/

Startup Hustle
Construction Tech, Building Additional Products

Startup Hustle

Play Episode Listen Later Oct 3, 2024 32:03


Chris Callen, founder and CEO of Plot, discusses his journey in the construction technology industry and the challenges of coordinating job sites. He shares his experience with his first software startup and the lessons he learned from it. Callen explains how Plot's job site coordination software helps streamline the delivery and procurement processes in construction. He also discusses the role of AI in the industry and the importance of building trust with customers. The episode concludes with a conversation about the go-to-market strategy for selling software to general contractors.TakeawaysJob site coordination is a complex process in construction, and software solutions like Plot can help streamline the delivery and procurement processes.Building trust with customers is crucial in the construction industry, as they are often skeptical of new software solutions.AI has the potential to make an impact in construction, but it is still in the early stages of adoption.Trade shows and referrals are effective go-to-market strategies for selling software to general contractors in the construction industry.Find Startup Hustle Everywhere:https://gigb.co/l/YEh5This episode is sponsored by Full Scale:https://fullscale.io/Find out more about PLOT here:https://www.getplot.com/companyLearn more about Chris Callen here:https://www.linkedin.com/in/chris-callen/Sign up for the Startup Hustle newsletter:https://newsletter.startuphustle.xyz/Sound Bites"Plot is a job site coordination software. Primarily we focus on the coordination of who goes where on the site, talking about all of the material deliveries that are coming from all over the planet really, and that are used to make up of any building.""You obviously need to focus on problem, not solution. We were so infatuated with our solution that we built this, I call it a science project. It was technically pretty amazing. Like what it was able to accomplish was phenomenal, but it didn't solve a business need and it didn't solve something that computed into business value.""Let's get this out there. Let's see what gets the traction. And by traction, I do mean dollars. I don't mean kind words. I don't mean demonstrations. I mean, who's going to pay for this?"Chapters00:00 Introduction to Plot and Job Site Coordination07:34 Lessons Learned from a Software Startup15:10 The Role of AI in Construction19:07 Expanding into Procurement Scheduling25:23 Building Trust with Customers in the Construction Industry29:46 Go-to-Market Strategies for Selling Software to General ContractorsSee omnystudio.com/listener for privacy information.

Constructed Futures
Bryan Kerr:Launching an excess soil marketplace named 'Phil'

Constructed Futures

Play Episode Listen Later Oct 1, 2024 27:28


Check out Phil here: https://getphil.app/Follow Bryan here: https://www.linkedin.com/in/bryankerr/ 

Constructed Futures
Tanner Dieterich: A Cloud Platform for The Real Estate Lifecycle at Built

Constructed Futures

Play Episode Listen Later Sep 17, 2024 26:45


The TWENTY30
Hassan Albalawi, founder and CEO of Saudi startup success story WakeCap, talks construction, tech, and much more

The TWENTY30

Play Episode Listen Later Sep 17, 2024 72:02


From Tabuk, a mid-size city in Saudi Arabia's northern region, to a PHD from Duke University and now founder of one of Saudi Arabia's most successful startup companies, Dr. Hassan Albalawi's incredible journey represents a successful investment by Saudi Arabia into the promise of its citizens. In Episode 28, Dr. Hassan sits down with The TWENTY30's Lucien Zeigler and Dr. Hanaa Almoaibed for an exclusive interview and conversation to discuss the genesis and growth of WakeCap, an innovative and fast-growing construction technologies company that allows employers to monitor the safety and productivity of workers on the job site. WakeCap is scaling and expanding quickly, with 100 employees and operating partnerships with some of the largest construction companies in the world, including Aramco, Bechtel, and many others. WakeCap's solutions are now the go-to for companies seeking to protect and incentivize their employees and boost productivity to get projects completed safely. The company recently acquired a Silicon Valley-based startup in July 2024, and is using that investment to create a new R&D center for the company in the center of America's innovation capital. Now, it's expanding beyond the Middle East region, working in New York and elsewhere in one of the most significant exports of Saudi-made technologies in the Kingdom's history. Hassan is the eldest in a family of 14 children. His first time on an airplane was as a teenager to travel to the United States for college and graduate school with limited English. When he left the U.S., he did so with a PHD in Engineering from one of top 10 universities in the country, and was ready to begin his journey as an entrepreneur. Hanaa and Lucien ask him about his experiences in the U.S. before diving into his journey as a Saudi startup founder years before the Kingdom began making huge investments into technologies and developing its ecosystem. The hosts also ask Hassan about the opportunities and challenges in the construction sector in Saudi Arabia and the GCC region, the development of entrepreneurship in Saudi Arabia today, and the future of WakeCap as a potential unicorn in the coming years. After the conversation, Dr. Hanaa and Lucien conclude with SHOUTOUTS. Dr. Hanaa's Shoutout is to the recently-passed Safeya Binzagr, famed Saudi artist who inspired many with her books and museums long before the Vision's reforms.  Lucien's Shoutout is to Younis Altewejri and Francesco Luigi Carusi, founders of The Rustic Bakery in Riyadh, which was recently shortlisted for the Riyadh 2024 Time Out awards.  *** The TWENTY30 is now the leading bi-weekly podcast on Saudi Arabia in English! Our founders thank everyone for subscribing and following as we de-code Saudi Arabia's rapid transformation in English and share stories of the changemakers playing crucial roles in the Kingdom's changes. Subscribe for free wherever you get your podcasts: Spotify: https://open.spotify.com/show/0uuKNWr... Apple Podcasts: https://podcasts.apple.com/us/podcast... YouTube:    / @thetwenty30   Get episodes and exclusive content delivered to your email inbox free: https://thetwenty30.com You can also email the show's hosts with their first names (Lucien @TheTWENTY30.com) or (Hanaa @thetwenty30.com) or email Hosts @ TheTwenty30.com.   The TWENTY30 Podcast is a production of The TWENTY30 Media Group, LLC.    ©The TWENTY30. All rights reserved.

Tech in Real Estate
What's the FUTURE of Construction Tech Looking Like?

Tech in Real Estate

Play Episode Listen Later Sep 14, 2024 37:04


In this episode of Tech in Real Estate, Ariel Herrera interviews Alex Fuentes, EVP of Strategic Growth at Brickeye and founder of Streets Ahead Consulting. With over 20 years of experience in startups and scaling businesses across North America and Africa, Alex is a leader in construction technology.

Bricks & Bytes
Navitas Capital's Take on How AI Will Change Construction and Investing - Jenny Song, Principal at Navitas Capital

Bricks & Bytes

Play Episode Listen Later Aug 13, 2024 66:39


AI is transforming construction tech, but talent and distribution are the real game-changers. In this episode, we had Jenny Song from Navitas Capital, and we got to learn about their unique approach to investing in construction tech, the critical role of AI talent, and how they evaluate startups... and much more! Tune in to find out about: ✅ Navitas' focus on value-add investments and long-term relationships ✅ How AI is reshaping construction tech startups ✅ The importance of distribution and defensibility in AI solutions ✅ Why understanding the fragmented construction market is key ---------------------------------- Sign up to the #1 Newsletter In Construction Tech. Join over 1,000 like-minded Founders, Investors and Techies disrupting the way we build. Forever : https://bricks-bytes.beehiiv.com/subscribe ---------------------------------- LinkedIn: https://www.linkedin.com/company/bricks-bytes/ X/Twitter: https://twitter.com/bricksbytespod Youtube: https://www.youtube.com/channel/UCmNbunUTIIQDzbJgGJt9_Zg Instagram: https://www.instagram.com/bricksbytes/ ---------------------------------- This episode is brought to you by Shft—helping contractors like you leverage BIM to secure a leading position in the race towards construction's digital future. Visit: https://maketheshft.digital  ------------------------------ BuildVision is a procurement network for the $5T commercial construction market. We are transforming the commercial construction supply chain by bringing contractors, manufacturers, and project stakeholders onto a single software platform—revolutionizing how every component is sourced, purchased, and financed.  -------------------------- Timestamps 00:00 Introduction to Navitas and their Focus on the Built Environment 08:13 Interest from Generalist Investors in Construction Tech 15:35 Investment Pace and Philosophy 22:05 Working with Founders and Communication Cadence 24:49 Geographic Focus and Investment Criteria 28:25 Evaluating Startups: Key Factors 33:35 Tech Trends: AI and Embodied AI 35:43 Investment in Document Crunch 42:31 Defensibility of AI Solutions 46:47 The Importance of Talent 51:04 Tech-Enabled Operators in Construction 55:56 Ideal Exits: Acquisitions and IPOs 59:57 Common Mistakes in Investing in Construction Tech

Bricks & Bytes
What Happens When AI Meets the Jobsite: July's Construction Tech Monthly Roundup

Bricks & Bytes

Play Episode Listen Later Jul 30, 2024 37:28


What if the next construction tech unicorn is bootstrapped and uses AI to revolutionize how we design buildings?  Rohan from Joyst, a bootstrapped AI company, shows it's possible in the construction proposal space. In our latest Bricks and Bytes monthly recap, Owen and Martin break down July's most fascinating developments in construction technology, featuring conversations with industry leaders. Tune in to discover: ✅ Bernardo Gamboa's take on Latam's unique construction tech ecosystem ✅ Amir Berman (BuildDots) on effective go-to-market strategies for startups ✅ Rohan from Joyst and Shar from Firmus on AI in construction documentation ✅ Dev from NPLAN on innovative pricing models in construction tech  Listen now to hear our insights on July's biggest industry shifts. ----------------------- Sign up to the #1 Newsletter In Construction Tech. Join over 1,000 like-minded Founders, Investors and Techies disrupting the way we build. Forever : https://bricks-bytes.beehiiv.com/subscribe LinkedIn: https://www.linkedin.com/company/bricks-bytes/ X/Twitter: https://twitter.com/bricksbytespod Youtube: https://www.youtube.com/channel/UCmNbunUTIIQDzbJgGJt9_Zg Instagram: https://www.instagram.com/bricksbytes/ 00:00 Parenting and Catching Up 02:09 Project Tensions in Construction 05:12 The Need for a Single Solution in Construction Tech 08:33 Exploring Robotics in Construction with Bit Builders 10:01 Go-to-Market Strategies and Value-Based Pricing in Construction Tech 13:16 Updates on the Podcast Network

What The Flux
$105 million capital raise for construction-tech | Sequioa buys its own stock | Budget mobile wins against telco giants

What The Flux

Play Episode Listen Later Jul 16, 2024 6:51


A construction tech company in Australia called Hammertech has raised $105 million as it looks to expand into the US and Europe. One of the major investors in Stripe, Sequoia Capital, is offering to buy shares from its earliest investors at a $70 billion USD valuation. Budget mobile brands have seen double digit growth in subscribers after the latest price increases from telco giants Telstra and Optus. — Get 50% of Flux Pro for the next 12 months: https://fluxfinance.page.link/EOFY-campagin-50off Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Tech Nest: The Real Estate and Tech Show
The Future of Venture Capital in Proptech with Nima Wedlake, Managing Director at Thomvest Ventures

Tech Nest: The Real Estate and Tech Show

Play Episode Listen Later Jun 25, 2024 44:49


He's back! Nima Wedlake, Managing Director at ThomVest Ventures, about the current state of Proptech and the themes he is tracking for 2024. We focused on an essay Nima penned, covering several topics including control point software, AI's impact on construction productivity, and the rise of home services businesses. Nima discusses the challenges and opportunities in scaling tech-enabled service businesses and the potential of AI in the construction industry. The conversation also touches on the impact of COVID-19 on real estate tech investments and the future of venture capital in the space. We also explore the role of real estate agents in a changing market and the impact of technology on the industry (spoiler: uncertainty exists, but so will the agent). More about Nima and Thomvest VenturesNima has published his 2024 proptech themes and would love to discuss them with you. Here is the link to the full report: https://blog.thomvest.com/real-estate-technology-themes-were-tracking-in-2024-124a5280c3ddBelow is a very quick overview of the three key themes that will play a dominant role in 2024 for Nima.“Control point” software businesses in real estate: These crucial systems are core to how businesses operate and are difficult to displace. Three strategies for new entrants to compete in this space include targeting new customer segments, building value around existing control points, and selling complete tasks or processes instead of just software tools.AI's impact on construction productivity: There is growing excitement around startups focused on using AI in various aspects of construction, from pre-development analysis and permitting automation to design cycle shortening and physical robot automation on construction sites.Residential real estate in a post-NAR world: Following the NAR settlement on residential real estate, lower commissions may lead to agents seeking efficiency measures and could pose challenges for existing real estate companies, while also creating opportunities for innovation and competition in the industry.Nima Wedlake is a Managing Director at Thomvest Ventures, focusing on investment opportunities across the real estate & financial technology verticals. He spearheaded Thomvest's investments in Baselane, Blend, Glide (acquired by Compass), Keyway, Maxwell, Mynd, Obie, Pine & Tala. Thomvest Ventures is a San Francisco-based $750M evergreen venture capital fund by Peter Thomson (Thomson Reuters). Follow Nima on TwitterConnect with Nima on LinkedInCheck out Thomvest

Constructed Futures
Burcin Kaplanoglu: Innovating In The Age of AI at Oracle Innovation Labs

Constructed Futures

Play Episode Listen Later Jun 20, 2024 28:15


Follow Burcin hereCheck out the Oracle Innovation Lab here: https://www.oracle.com/industries/innovation-lab/

Category Visionaries
Chloe Smith, CEO & Co-Founder of Mercator AI: $4.5 Million Raised to Build the Future of Construction Tech

Category Visionaries

Play Episode Listen Later Jun 6, 2024 26:09


Welcome to another episode of Category Visionaries — the show that explores GTM stories from tech's most innovative B2B founders. In today's episode, we're speaking with Chloe Smith, CEO & Co-Founder of Mercator AI, an AI-powered business development platform for commercial general contractors that has raised $4.5 Million in funding. Here are the most interesting points from our conversation: Background and Inspiration: Chloe comes from a background in data strategy and marketing, not directly from construction, but her family's involvement in the industry piqued her interest and led to the inception of Mercator AI. Cross-Industry Application: Although her background is not in construction, Chloe's experience in data strategy and marketing allowed her to identify and address a gap in the construction industry, demonstrating the value of cross-industry application of skills. Foundational Shifts: Mercator AI helps construction businesses identify early project opportunities by tracking land development, which allows their clients to engage earlier and more effectively in potential projects. Navigating Industry Challenges: Chloe discusses the challenges of transitioning from other sectors to construction tech, highlighting the importance of understanding and adapting to industry-specific dynamics. Focus on Business Development: The platform is designed to 'force multiply' the efforts of business developers in the construction industry by streamlining the research and pursuit process, fundamentally changing how contractors approach new opportunities. Early Struggles and Adjustments: Reflecting on the initial challenges, Chloe emphasizes the importance of resilience and adaptability, sharing an anecdote about early investor interactions that shaped the company's trajectory.   Sponsors: Front Lines — We help B2B tech companies launch, manage, and grow podcasts that drive demand, awareness, and thought leadership. www.FrontLines.io The Global Talent Co. — We help tech startups find, vet, hire, pay, and retain amazing marketing talent that costs 50-70% less than the US & Europe. www.GlobalTalent.co

Constructed Futures
Sarah Liu: Investing in a Future Proof Built World at Fifth Wall

Constructed Futures

Play Episode Listen Later Jun 4, 2024 23:49


Constructed Futures
Jeffrey Rissman: The Road to a Zero-Carbon Industrial Nation

Constructed Futures

Play Episode Listen Later May 21, 2024 25:42


Follow Jeff hereGet the book at a 20% discount here: https://zerocarbonindustry.com/

Constructed Futures
Michael Wright: Creating Construction Software for Total Project Control at RedTeam

Constructed Futures

Play Episode Listen Later Apr 30, 2024 23:02


Learn more about RedTeam here: https://redteam.com/Follow Michael Wright here

The Capital Stack
Lisa Diaz of Turf Advisory on Construction Tech Software and the America's Infrastructure Tailwinds

The Capital Stack

Play Episode Listen Later Apr 9, 2024 31:48


In this episode, David Paul interviews Lisa Diaz, the founder of Turf Advisory, about the construction industry and the need for infrastructure investment. They discuss the challenges of government prioritization, the role of general contractors and subcontractors, and the low margins in the construction industry. They also explore the potential of construction technology to increase margins and address pain points in the industry. Lisa emphasizes the importance of integrating and connecting different systems and the need for standardization in construction. She also shares her excitement about using digital twins for infrastructure assessment and the opportunity for infrastructure repair. You can watch/listen to the podcast on YouTube, Spotify, and Apple.TakeawaysThe construction industry is in need of infrastructure investment to address deteriorating infrastructure and meet the growing demand for housing and transportation.Government prioritization of infrastructure projects is influenced by politics and the most pressing needs, often resulting in a shortage of funding for necessary repairs and upgrades.Construction technology has the potential to increase margins in the industry by improving efficiency and addressing pain points such as labor tracking and material delivery.The adoption of construction technology faces challenges such as resistance to change and the need for standardization and integration among different systems.Chapters01:05 The Need for Infrastructure Investment03:09 The Importance of Infrastructure to Joe Biden04:15 Improving Infrastructure in New York City05:19 Bidding and Contracting in the Construction Industry06:13 Different Types of Construction and Contractors07:38 The Role of General Contractors and Subcontractors08:33 The Transition to Design-Build Contracts09:20 Low Margins in the Construction Industry10:17 Increasing Margins with Construction Technology11:46 The Challenges of Construction Technology Adoption13:02 Using Technology to Track Labor and Materials14:53 Addressing Pain Points in Construction16:15 The Importance of Integration and Connectivity19:12 Regulatory Changes and Pain Points in Construction20:40 Using Digital Twins for Infrastructure Assessment23:16 The Need for Standardization in Construction27:17 The Opportunity in Infrastructure Repair29:38 Contacting Lisa Diaz and Turf Advisory

Equity
Microsoft invests in yet another AI company

Equity

Play Episode Listen Later Feb 28, 2024 10:07


This is our Wednesday show, focused on startup and venture capital news that matters. We pull the top stories from the week thus far, and give them the Equity treatment to put them into proper context.On the show today:Microsoft invests in Mistral AI: Sure, it's not the biggest check, but as regulatory oversight hovers over Microsoft's shoulder, the deal makes sense.Thrasio files for bankruptcy: What happens if you raise billions to pursue a market opportunity, but the market shifts under your feet?Glean raises $200M: It turns out that you can raise mega rounds in 2024, you just need to work in enterprise AI, have a few hundred customers, and collect checks from a host of VCs at once.And on the venture side of things: COTU Ventures has put together a $54 million fund, while Zacua Ventures has put together a $56 million vehicle.For episode transcripts and more, head to Equity's Simplecast website.Equity drops at 7 a.m. PT every Monday, Wednesday and Friday, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. TechCrunch also has a great show on crypto, a show that interviews founders and more! Credits: Equity is hosted by TechCrunch's Alex Wilhelm and Mary Ann Azevedo. We are produced by Theresa Loconsolo with editing by Kell. Bryce Durbin is our Illustrator. We'd also like to thank the audience development team and Henry Pickavet, who manages TechCrunch audio products.

Equity
Match Group's deal with OpenAI is just business with AI glitter on top

Equity

Play Episode Listen Later Feb 23, 2024 31:51


This week Mary Ann, Kirsten, and Alex gathered to chat through a massive sheaf of news. A note before we get to the rundown that Reddit filed to go public after we had recorded this episode, so notes on its IPO filing are not included in this particular episode. Don't think that we won't discuss its S-1, it just came too late for this particular entry. More to come!Here's the rundown:Deals of the Week: PermitFlow raised $31 million to bring software to the construction permitting market, one man's plan to keep Cake ebike's alive for just a while longer caught our eye, and we had thoughts about Match Group's tie-up with OpenAI.Fintech drama: With Reddit's IPO in the hopper, eyes are turning to other companies that are expected to list this year. One such company is Klarna. And, the buy now, pay later company has been the latest recipient of governance drama. Former Sequoia leader Michael Moritz won this round, unsurprisingly.Video game startups could prove surprise 2024 winner: While the venture market retreats and venture funding for gaming companies slows, there's good reason to expect fortunes to turn around for the startup genre. And while venture wallets might open for gaming companies this year, some others like Frost Giant are turning to their own community to raise.More to come, including Reddit IPO notes!For episode transcripts and more, head to Equity's Simplecast website.Equity drops at 7 a.m. PT every Monday, Wednesday and Friday, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. TechCrunch also has a great show on crypto, a show that interviews founders and more! Credits: Equity is hosted by TechCrunch's Alex Wilhelm and Mary Ann Azevedo. We are produced by Theresa Loconsolo with editing by Kell. Bryce Durbin is our Illustrator. We'd also like to thank the audience development team and Henry Pickavet, who manages TechCrunch audio products.

The Green Building Matters Podcast with Charlie Cichetti
Construction Tech Enables Sustainability with Jason Perez

The Green Building Matters Podcast with Charlie Cichetti

Play Episode Listen Later Feb 21, 2024 51:56


TITLE:  Construction Tech Enables Sustainability with Jason Perez Jason Perez, is the CEO and co-founder of YARDZ, a construction technology company. Entrepreneur, Advisor, Forever Student and Mentor. Founder of a Construction Technology start-up and ATDC Accelerate company. “I love life, I love business and love solving industry problems through simple business solutions. Most importantly, I am thankful for the personal and professional leaders who have taught me and I am honored by those who allow me to pass that wisdom on.”   Show Highlights   Healthy innovation, “mixed solutions” and balancing the application of technology in all aspects of the industry.  Discuss construction, construction technology, and innovation in the industry. Emphasize the importance of ‘Reducing' as a key component of sustainability. Talks about entrepreneurship and green building. Importance of continuous learning and personal growth in the industry. Exploring the potential of emerging technologies in construction. Importance of prioritizing efficiency in construction projects. Application of Agile methodologies and iteration in construction. Integration of AI and technology for better construction solutions. Embracing research and finding one's own path in the industry. “We have major issues. We've got to fix efficiency first, because all we're going to do is get battery-driven excavators[,] have them drain a battery and then charge them on electrical grids which could be produced by anything. Could be fossil, could be hydro, could be any number of things. But it all starts with reduce, reduce. And we have got to get better at that. And if you don't have the tools to do it, then you're not going to do it.” -Jason Perez    Show Resource and Information on LinkedIn Connect with Charlie Cichetti and GBES   GBES is excited our membership community is growing. Consider joining our membership community as members are given access to some of the guests on the podcasts that you can ask project questions. If you are preparing for an exam, there will be more assurance that you will pass your next exam, you will be given cliff notes if you are a member, and so much more. Go to to learn more about the 4 different levels of access to this one-of-a-kind career-advancing green building community!   If you truly enjoyed the show, don't forget to leave a positive rating and review on .  We have prepared more episodes for the upcoming weeks, so come by again next week! Thank you for tuning in to the !   Copyright © 2024 GBES