Product Overview

The Problem It Solves

How is it currently done:

Today’s equipment procurement process is inefficient and fragmented. General contractors receive project plans and send entire document packages—often exceeding 200 pages—to hundreds of vendors via bulk email or shared drives. Vendors must manually sift through these documents to identify the equipment they can bid on, which leads to apples-to-oranges comparisons when quotes are returned, wasted time for both buyers and suppliers, inconsistent pricing and package configurations, and a lack of structured data for future analysis.

How BuildVision changes it:

BuildVision uses AI to automatically extract and structure equipment specifications from project documents, creating organized packages that match suppliers with relevant opportunities. The platform turns unstructured procurement data into structured, comparable information that benefits both sides of the transaction.

What area of AEC:

Mechanical and electrical equipment procurement for commercial construction projects, specifically targeting the $86 billion annual market for engineering systems in the US.

Key Features

1. AI-Powered Document Processing

Automatically ingests project files and specifications using vision models and OCR
Extracts equipment schedules and requirements using AI
Highlights relevant sections and creates direct links to source documents
Organizes equipment into structured packages
Cost has dropped dramatically - now processing 150 projects for $1.40/month using Gemini Flash

Pain Point Solved: Eliminates manual document review and equipment identification

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2. One-Click RFQ System

Converts structured data into instant quote requests
Standardized format ensures apples-to-apples comparisons
Custom scope sheets with required questions
Automated distribution to qualified suppliers

Pain Point Solved: Reduces RFQ preparation from hours to minutes

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3. Intelligent Supplier Matching

Matches equipment packages with qualified suppliers based on line cards and service areas
Filters suppliers by zip code and equipment types
Allows favoriting of preferred suppliers for faster selection
Network approach reduces irrelevant outreach

Pain Point Solved: Eliminates the "golden envelope theory" - suppliers highly motivated to respond when they know the opportunity is relevant

4. Supplier Dashboard

Shows only relevant opportunities matching supplier capabilities
Simple quote submission process
Built-in messaging for clarifications
Service area and line card management

Pain Point Solved: Suppliers don't waste time reviewing irrelevant opportunities

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Used By

Target Customers

General contractors and subcontractors buying $25-50M+ annually in mechanical/electrical equipment
Any buyer of complicated engineering systems equipment
Suppliers/manufacturers, reps, and distributors of mechanical/electrical equipment

Trusted by Leading Organisations

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Operating Locations

Currently US-based with expanding Canadian presence

Plans to follow customers globally, though international markets have different rep network structures

Implementation & Onboarding

Important Considerations

Process: Send project files or invite BuildVision to BuildingConnected projects

Timeline: 30-minute demo and setup, immediate project capability

‍Integration: Minimal - described as "one call to RFQ"

‍Adoption: Hundreds of daily users due to simple implementation

Security & Privacy

Integrations

ROI & Value

Process Efficiency:

Dramatic reduction in RFQ preparation time (from hours to minutes)

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Profit Center Creation:

Help contractors build $2M+ revenue businesses through early equipment procurement services

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Time Efficiency:

Faster building openings through better lead time management

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Cost Savings:

10-40% equipment cost reductions through competitive bidding, with some projects seeing 100%+ savings

Founding Team

Ben Lyddane

COO

Mike Powers

CEO

Funding

Total Raised

13m

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Series funding to accelerate growth

Investors

Crosslink capital and Norwest Ventures

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Leading technology investment fund

About the Company

Product Demo

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Alternative Solutions

Joist AI

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Trusted by Leading Construction Companies