What If You Could Give 80 Teams 3 Days Back Every Month? This Company Did.
A controller was spending 3 days a month just reconciling Excel reports across 80 projects.And that's just one person. Imagine the time sink across the entire org.In today's episode of Bricks & Bytes, we had Joe Wilson from PROJEXION and we got to learn about the real state of construction data (spoiler: it's a disaster), why hiring data scientists isn't solving the problem, and how teams are finally breaking free from the endless cycle of firefighting... and many more!Tune in to find out about:✅ Why the 2018 point solution boom created a data fragmentation nightmare✅ The gap between builders and data scientists that nobody talks about✅ How one plug-and-play module gave an entire company their time back✅ What happens when your data goes from "collecting dust" to actually aliveJoe's perspective is refreshing—15 years as a builder before jumping into tech means he actually gets what it's like on the ground. No fluff, just real talk about real problems. Watch now! Link in the comments!Our Sponsors:Aphex is the multiplayer planning platform where construction teams plan together, stay aligned, and deliver projects faster – check out aphex.coArchdesk - “The #1 Construction Management Software for Growing Companies - Manage your projects from Tender to Handover” check archdesk.comBuildVision - streamlining the construction supply chain with a unified platform - www.buildvision.io📩 Subscribe to the Bricks & Bytes Newsletter: https://bricks-bytes.beehiiv.com/🌐 Visit our website: http://bricks-bytes.com/📲 Follow us: LinkedIn: https://www.linkedin.com/company/bricks-bytes/ Twitter: https://x.com/bricksbytespod Instagram: https://www.instagram.com/bricksbytes/Chapters00:00:00 Intro00:03:30 Introduction and Background 00:06:29 The State of Construction Data 00:09:35 Data Fragmentation and Its Impact 00:12:32 Journey from Construction to Software 00:15:12 Building the Solution 00:17:41 The Leap of Faith 00:20:19 Finding the Right Co-Founder 00:23:17 Cultural Shifts in Transitioning Industries 00:26:34 Lessons Learned in Product Development 00:32:43 Transitioning from Construction to Sales 00:37:15 Building Relationships in Sales 00:41:55 Navigating the Sales Cycle 00:45:03 The Importance of Timing in Fundraising 00:46:52 Understanding Projection's Functionality 00:53:11 Integration and Onboarding Process 00:56:05 Real-World Use Cases and Impact 01:01:26 Overcoming Skepticism in Technology Adoption 01:04:47 Future Developments and Opportunities
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Bricks & Bytes
What PE Firms Look for in Construction Tech Investments - Insider View
"You can drop 30% of your project management labor right now."In today's episode of Bricks and Bytes, we had Darren Martin from AI Invested and we got to learn about the harsh realities of digital transformation in AEC, how private equity firms value tech-enabled companies, and why most innovation initiatives fail to scale... and many more!Darren left his role as Chief Digital Officer at Atkins Realis to advise PE firms and help construction tech startups break through growth barriers. His perspective from both sides of the table reveals uncomfortable truths about how the industry approaches technology.Tune in to find out about:✅ Why most companies are "digitally dabbling" instead of transforming✅ How PE firms assess digital transformation value in billion-dollar acquisitions✅ The specific labor reductions possible with current AI tools (hint: it's 30% in project management)✅ Why small AEC firms can now compete with market leaders in ways that weren't possible beforeWatch now to hear how the game is changing for construction companies willing to move beyond pilot projects.Also, have a look at this article to know more: https://uk.finance.yahoo.com/news/aecom-jacobs-downgraded-uncertainty-over-180008836.htmlOur Sponsors:Aphex is the multiplayer planning platform where construction teams plan together, stay aligned, and deliver projects faster – check out aphex.coArchdesk - “The #1 Construction Management Software for Growing Companies - Manage your projects from Tender to Handover” check archdesk.comBuildVision - streamlining the construction supply chain with a unified platform - www.buildvision.ioChapters00:00 Intro03:30 Introduction and Background 08:13 Transitioning to Private Equity and Startups 13:35 The Role of Private Equity in AEC Companies 18:22 Digital Transformation and Value Creation 23:20 Market Trends and Company Sizes 28:20 Leveraging Technology for Business Value 33:07 Digital Accelerators and Human-Centric Approaches 35:22 Optimizing Construction Processes for Efficiency 37:51 Tying Technology to Corporate Success 41:42 Proving Value at the Project Level 43:55 The Balance of Show and Tell in Sales 49:09 Purposeful Change in the Construction Industry
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Bricks & Bytes
Storytelling in AEC - Why And How to Influence and Sell More + Autodesk’s Storytelling Tactics
"If we just listened to what our customers wanted, we would have had a faster horse."Everyone knows the Henry Ford quote, but Lee Mullin actually showed us what it means for construction tech.In today's episode of Bricks & Bytes, we sat down with Lee from BuildArc. He spent 18 years at Autodesk, and honestly, the conversation completely changed how we think about talking about products.Here's what stuck with us: we're all making ourselves the hero of the story. We love talking about our amazing AI tools, our productivity gains, our revolutionary features. But Lee said something that hit different - your customer needs to be Luke Skywalker. You're just Yoda, guiding them along.Tune in to find out about:✅ Why taking people from "9 to 20" beats incremental improvements from "9 to 10"✅ The framework Lee used to convince construction crews that iPads weren't "voodoo"✅ How to tell stories that actually connect (hint: it's about project managers lying awake at night, not your feature list)✅ Why the best customer stories need tension and conflict (even though corporate hates that)The reality is, there's so much noise in AEC tech right now. If you can't tell a story that makes people feel understood, you're just another vendor promising productivity.Watch the full episode now. Link in the comments!Our SponsorsAphex is the multiplayer planning platform where construction teams plan together, stay aligned, and deliver projects faster – check out aphex.coArchdesk - “The #1 Construction Management Software for Growing Companies - Manage your projects from Tender to Handover” check archdesk.comBuildVision - streamlining the construction supply chain with a unified platform - www.buildvision.ioChapters00:00 Intro03:48 The Importance of Storytelling in Business 13:32 Navigating the AEC Technology Landscape 21:44 Crafting Compelling Presentations 27:22 Building a Storytelling Framework 31:13 Transforming Customer Stories into Success 37:28 The Human Element in AI 42:11 Understanding Personas in Storytelling 44:26 Frameworks for Effective Storytelling 53:01 Building Conflict and Tension in Stories
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Bricks & Bytes
You Can't Build Buildings With AI - Why Skilled Trades Matter More Than Ever
"Universities Are 15 Years Behind, We Don't Need More Degrees"In today's episode of Bricks and Bytes, we had Gary Cowan, the head of digital construction at Kane Group and we got to learn about how MEP contractors are becoming technology companies, why the traditional education system is failing construction workers, and the real challenges behind construction automation that nobody talks about.Tune in to find out about:✅ Why breaking down buildings into modular components and prefabricating in factories is changing project delivery across the UK and Ireland✅ The massive shift from siloed Excel files to cloud-based real-time data systems and what it takes to make that transformation work✅ Why universities teaching 15-year-old methods are creating a skills gap and why we need more tradespeople who understand technology✅ The hidden problems with construction robots that sound great in theory but struggle with real-world challenges like consistent finishes and quality controlWatch now to hear Gary break down how traditional contractors are evolving into digital-first service providers.Our Sponsor: Archdesk - “The #1 Construction Management Software for Growing Companies - Manage your projects from Tender to Handover” check archdesk.comBuildVision - streamlining the construction supply chain with a unified platform - www.buildvision.ioAphex is the multiplayer planning platform where construction teams plan together, stay aligned, and deliver projects faster – check out aphex.co
Chapters 00:00 Intro & Sponsors04:26 Introduction to Digital Construction 07:21 Understanding the Role of Head of Digital Construction 10:12 Challenges in Existing Structures and Digital Verification 13:19 The Importance of Collaboration in Construction 16:13 The Evolution of Technology in Construction 19:25 Prefabrication and Its Integration in Design 22:20 The Digital Tool Tech Stack 25:05 Virtual Reality in Construction 28:19 Augmented Reality and Reality Capture Solutions 33:55 The Rise of XR Technology 34:11 AI: Hype vs. Reality 35:54 Navigating AI Adoption 38:15 The Challenge of Authenticity in Tech 39:44 The Importance of Expertise 43:08 Evaluating Tech Solutions 45:17 Frustrations with Vendor Solutions 47:19 Rolling Out New Technologies 50:07 Aligning Data Across the Business 52:26 Pain Points in Real-Time Data 56:12 Robotics in MEP 1:00:07 Expanding Digital Construction Services 1:02:05 The Future of Digital Construction
Reneo’s €600M to Transform Real Estate, Nodes and Links $12m Scheduling Raise
"In Europe, you need your buildings to consume less energy because we don't have a lot of prime energy." - Patric on why Reneo's business model works beyond regulations.In today's episode of Bricks, Bucks and Bytes, we got to learn about Reneo's massive €600M funding round (with €45M in equity) to transform energy-inefficient buildings into greener assetsWe also explored Nodes and Links $12M Series B funding for their AI-powered scheduling management platform that enhances project delivery across construction and other industriesPlus, we gained valuable insight into how successful construction tech companies approach scheduling through three distinct models: full automation, analytics/visibility, and collaboration-focused solutions.Tune in to find out about:✅ How Reneo creates structural cost advantages through radical standardization✅ Why co-CEOs can work well with the right dynamic, especially during adversity✅ The critical difference between having a schedule versus the act of scheduling✅ Why one investor got excited seeing Salil Deshpande (Uncorrelated) backing Nodes and LinksListen to the full episode on Spotify to learn how these construction tech innovators are reshaping the industry.------Sign up to the #1 Newsletter In Construction Tech. Join over 1,000 like-minded Founders, Investors and Techies disrupting the way we build. Forever : https://bricks-bytes.beehiiv.com/subscribe------LinkedIn: https://www.linkedin.com/company/bricks-bytes/X/Twitter: https://twitter.com/bricksbytespodYoutube: https://www.youtube.com/channel/UCmNbunUTIIQDzbJgGJt9_ZgInstagram: https://www.instagram.com/bricksbytes/-----Chapters00:00 Introduction and Context01:10 Overview of Reneo and Its Business Model05:54 Reneo's Unique Approach to Real Estate Investment11:49 Investment Rationale and Market Dynamics17:52 Challenges and Opportunities in the Real Estate Sector24:05 Conclusion and Future Outlook25:40 Exploring Nodes and Links in Scheduling Technology30:01 Models of Scheduling: Automation, Visibility, and Collaboration36:02 The Future of Scheduling Software: Differentiation and Optimization39:59 Investment Insights: Evaluating Funding and Market Dynamics
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Bricks, Buck$ And Bytes
Building Materials Marketplace vs Cloud Manufacturing: What Works Where?
Building my own house made me realize how broken construction supply chains are - Saudi BRKZ founder's story sounds familiar?In today's episode of Bricks, Bucks and Bytes, we explored how Saudi BRKZ secured $17M Series A funding for their construction materials marketplace, bringing their total raise to $22.5M in just two years.We discussed how emerging markets like Saudi Arabia present unique opportunities for construction tech marketplaces that wouldn't work in Western markets, due to their concentrated demand and fragmented supply.We also got fascinating insights from Patric on why having 1,100 suppliers might not be the most efficient strategy for a construction materials marketplace, and why the "cloud manufacturer" model could be more effective.Tune in to learn about:✅ Why Saudi Arabia's construction tech scene is heating up✅ The difference between managed marketplaces and cloud manufacturers✅ How venture debt can be smartly used in profitable marketplace models✅ Why expanding to 40 cities quickly might raise questions for investorsListen to the full episode on Spotify to hear our deep dive into construction tech marketplaces and emerging market opportunities.----------------Chapters00:00 Introduction and Personal Insights01:55 Exploring Construction Tech Opportunities05:01 Understanding Bricks and Its Business Model09:56 Supply Chain Dynamics in Emerging Markets15:08 Funding Strategies and Market Expansion20:06 Debt Financing and Working Capital Management23:51 The Role of Debt in Business Growth24:18 Evaluating Investment Metrics25:10 Understanding Unit Economics26:31 Investment Opportunities in Saudi Arabia28:11 Optimism in the Construction Industry29:39 Navigating Customer Relationships in Startups30:00 The Challenge of Custom Solutions35:34 The Importance of Long-Term Relationships36:18 Technology Integration in Construction39:02 The Future of Construction Technology----------------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/—---------------------------------------------------------- #podcast #construction #constructionindustry #bricksandbytes #startups #architecture #design #civilengineering #engineering #constructiontechnology #engineer #architect #civilengineer #concrete #podcaster #podcasting #entrepreneur #podcasts #podcastlife #startups #entrepreneurship
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Bricks, Buck$ And Bytes
Invoice reconciliation, AI automation, Material data infrastructure & CFO-driven adoption
From calling suppliers to schedule deliveries to manually typing data into Excel - this German startup secures €12.5M to fix construction's paper problem.In today's episode of Bricks, Bucks and Bytes, we had Henric Meinhardt from comstruct walk us through how they're digitizing the material delivery and invoice reconciliation process between suppliers and contractors.We got to learn about how they're using AI to process unstructured data from thousands of suppliers, replacing manual data entry with automated workflows.And interestingly, we heard an investor's perspective on why focusing on financial processes can be the best entry point into construction companies, starting with the CFO rather than on-site teams.Tune in to find out about:✅ How comstruct automates invoice matching and material tracking✅ Why large language models are making traditional EDI interfaces obsolete✅ Their unique go-to-market strategy targeting CFOs first✅ How they convinced World Cup winner Mario Götze to investListen to the full episode on Spotify to hear how comstruct is building the infrastructure for construction's digital future.-----------Chapters00:00 Introduction to Constrakt and Funding Success03:06 The Evolution of Construction Processes06:07 Agentic AI and Its Impact on Construction09:01 Future of Invoicing in Construction12:11 Optimizing Procurement Processes15:08 Supplier Engagement and Automation17:48 Competition and Market Landscape20:59 ESG Considerations in Construction24:07 International Expansion and Future Plans24:37 Technical Difficulties and Humor25:09 Go-to-Market Strategy Insights28:57 Understanding Customer Needs and ROI29:59 Investment and Growth Plans31:44 Navigating the Construction Tech Landscape32:38 Pre-Construction Processes and Challenges36:54 Prioritization in Business Strategy39:14 Engaging Investors in Unique Niches
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Bricks, Buck$ And Bytes
Why European Construction Tech Could Outperform US Startups: A 5X Cost Advantage Revealed
In today's episode of Bricks, Bucks and Bytes, we learn about the story of an AEC start-up that raised $25M from a prestigious investor only to shut up shop shortly after announcing their round.We got insights into late-stage funding challenges in construction tech, with a seasoned investor highlighting why businesses struggle to raise Series B rounds when earlier rounds were overvalued.Also, we learned why Europe might offer better returns for construction tech investors than the US, despite the US potentially delivering bigger individual outcomes.Tune in to find out about:✅ Why listening to non-VC entrepreneurs is crucial for sustainable growth✅ The mechanics of construction tech startup valuations across funding rounds✅ How to navigate down rounds and recapitalization✅ Why European construction tech startups have a 4-5x cost advantage----Chapters00:00 Introduction and Light Banter01:49 Challenges in Construction Tech Funding04:27 Strategies for Raising Capital09:20 Profitability vs. Growth in Construction Tech12:56 Late Stage Funding Trends15:24 Avoiding Overvaluation in Funding Rounds17:28 Valuation Mechanics in Funding Rounds21:16 Equity Dynamics in Down Rounds23:06 Anecdotes from the Industry25:42 Reflections on Construction Tech Investing29:25 Comparative Analysis: Europe vs. US in Construction Tech33:00 Future of Point Solutions in Construction Tech
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