Construction Technology Podcasts

Welcome to the Bricks & Bytes Broadcast (BBBC) with Patric Hellermann of Foundamental. This format of episode is a weekly dive into the latest construction tech news from the perspective of investors. From innovations to fundings, market insights, and VC-isms, if you’re building in construction tech, investing in construction tech, or intersecting between the tech and physical world, then we’ll help you keep your finger on the pulse. ----------------------- In this episode, Patric discusses the underserved areas in ConstruTech, including common data environments, on-site robotics, and the pre-construction space. The pre-construction phase is particularly challenging as estimations need to be accurate to win projects and avoid cost overruns. Ediphi, a company that focuses on construction estimating, recently raised a $12 million series A round. The US construction estimating software market is valued at $1.4 billion, with a predicted compound annual growth rate of 8.9% from 2023 to 2030. Differentiating in the construction estimating market is crucial, and Ediphi offers cloud-based collaboration and access to accurate cost data. Other companies in the space include 1Build and SpotLock. The conversation also touches on the challenges of pricing bespoke projects, the importance of a collaborative estimation process, and the history of Ediphi and its competition. The episode concludes with discussions on rapid funding rounds, the perception of founders with previous exits, and upcoming projects in construction technology, including a super series and an under-the-radar robotics company. Takeaways Underserved areas in ConstruTech include common data environments, on-site robotics, and the pre-construction space. Accurate estimations in the pre-construction phase are crucial to winning projects and avoiding cost overruns. Ediphi, a company focused on construction estimating, recently raised a $12 million series A round. The US construction estimating software market is valued at $1.4 billion, with a predicted compound annual growth rate of 8.9% from 2023 to 2030. Differentiation in the construction estimating market is important, and Ediphi offers cloud-based collaboration and access to accurate cost data. Timestamps: 00:00 Underserved Areas in ConstruTech 01:16 The Importance of Pre-Construction Phase 04:27 The Market Size of Pre-Construction Space 05:57 Ediphi's Series A Funding and Market Opportunity 07:23 Differentiation in the Construction Estimating Market 09:30 Challenges in Pricing Bespoke Projects 11:29 Collaborative Estimation Process 13:44 Ediphi's Origin Story and Competition 15:18 Rapid Funding Rounds and Reasons Behind Them 21:17 Upcoming Super Series in Construction Technology 21:59 Under the Radar Robotics Company 22:58 Discussion on Modulus and Lessons Learned

"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 

Are SaaS pricing models doomed in construction tech? Mike Powers thinks so. In this episode, we had Mike Powers, founder of BuildVision, and we got to learn about his contrarian take on SaaS pricing in construction, the challenges of selling to the industry, and his vision for revolutionizing procurement in mechanical and electrical equipment... and many more! Tune in to find out about: ✅ Why BuildVision avoids traditional SaaS pricing ✅ The importance of providing tangible value to construction clients ✅ Strategies for penetrating large organizations as a startup ✅ Mike's views on AI's impact on construction in the next 5-10 years ---------------------- 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/ ----------------------------- Timestamps: (00:00 - 07:04) - Intro (04:34 - 07:04) - What helped Mike Build BuildVision (07:04 - 11:34) - Understanding Vision of BuildVision (11:34 - 18:28) - Pricing Structure That Successful Startups Follow In Construction (18:28 - 25:10) - Mike’s Take On The Use Of AI In Construction (25:10 - 31:26) - How BuildVision Differentiates From Its Competitors (31:26 - 38:57) - Struggles While Managing To FundRaise For BuildVision (38:57 - 44:27) - How VCs Work With Team (44:27 - 52:54) - Mike’s Advice For People Who Want To Master Sales (52:54 - 01:05:12) - How Mike Made Transition From Sales To A Founder (01:05:12 - 01:05:52) - Outro

With ageing housing stock and increasing environmental targets, retrofitting emerges as a critical solution. In this episode, Patric, Owen & Martin dissect the challenges and opportunities inherent in this market, emphasizing the crucial role of data analysis and physical substance in guiding effective retrofitting decisions. The conversation extends to the significance of platforms like Enter.de, which serve as vital connectors between suppliers, homeowners, and contractors in the retrofitting process. Additionally, they explore the role of PR in investment rounds, acknowledging its potential for signalling momentum and raising brand awareness, albeit with the caveat of careful curation and audience consideration. Key Takeaways: Retrofitting addresses the pressing need posed by ageing housing stock and environmental goals. Effective retrofitting decisions hinge on a blend of data analysis and physical substance. Platforms like Enter facilitate seamless collaboration between stakeholders in the retrofitting process. PR in investment rounds can boost momentum and brand visibility, but it necessitates thoughtful curation and understanding of the target audience. Timestamps: 00:00 Introduction and Sunshade Experiment 10:55 Data Analysis and Physical Substance in Retrofitting Decisions 29:17 The Benefits and Considerations of PR in Investment Rounds Companies Mentioned: - XYZ Reality - Enter.De - Furbnow - AECOMarketing (Kevin Ferguson)