Construction tech funding is booming, but is it all hype? In this episode of Bricks, Bucks and Bytes, we learned about Coast's impressive $40 million Series B raise for their financial services platform in transportation. We also got insights on the surprising growth in construction tech funding, reaching 0.53% of total venture capital. Plus, we heard a critical take on using headcount growth as a measure of startup success. Tune in to find out about: ✅ Why Coast is attracting big investment ✅ The unexpected trends in construction tech funding ✅ Why unicorns in the sector are both rising and falling ✅ What really matters when evaluating startups (it's not just numbers) -------------------------------------------------------- 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/ ------------------------------------------------------------ Company Mentioned Coast Brex Veev Nexii Autodesk Trimble FlashTrack Procore -------------------- Timestamps 00:00 Intro 00:32 Introduction to Coast: Financial Services Platform for Transportation 06:12 Coast's Funding and Investors 10:23 Assessing the Viability of Coast's Target Market 13:42 Analysis of Coast's Funding Rounds and Revenue Growth 18:07 Discussion on Investor Perceptions and Series B Funding 19:09 Market News: ConstruTech Funding Landscape 23:21 Analysis of Funding Trends in ConstruTech 27:45 Hype and Funding Rounds in Construction Technology 32:18 The Growth of Highly Substantiated Companies 36:26 The Asian Market and Funding Rounds 37:25 The Changing Landscape of Exits 41:41 Headcount Growth as a Metric for Startup Evaluation