Journey From Carpentry to ConTech CEO That Raised $13.6 Million | Fraser Patterson
How do you go from dusty job sites to a Silicon Valley boardroom?
In this episode, we meet Fraser Patterson - Founder and CEO at Skillit, a New York based con-tech company that’s changing the way construction businesses find skilled workforce.
His journey began in a Hogwarts-like boarding school in Scotland. After finishing education, he became a carpenter, where he came face-to-face with the frustrations of outdated hiring practices in the construction industry. This sparked the Aha moment. He found Skillit, an online platform helping construction businesses find skilled workers from the palm of their hands. The concept attracted millions in venture capital.
Fraser's success is proof that technology is starting to replace the rusty old ways of construction. He shows that groundbreaking ideas can come from anywhere, and the right mix of research, audacity, and data can bring change to giant industries.
Join us as we listen to Fraser's extraordinary path and get a peek into the future of construction recruitment.
Tune in and learn why:
Data is the new oil. The massive impact of data on long-standing, rigid sectors like the construction industry
Finding the right Founder-Investor Fit is key to long-term success
Progress requires a deep understanding of how the world works, and not just raw brain power
The biggest problems create the biggest opportunities
Innovation begins outside the comfort zone: Why your life-changing idea may come from the most unexpected place
And much more ..
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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.
Visit: https://maketheshft.digital
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Timestamps:
(00:00:00-00:02:35) Intro
(00:02:35-00:06:40) Fraser's Journey
(00:06:40-00:16:00) Software As A Business
(00:16:00-00:24:40) How Construction Sector Is Revolutionized
(00:24:40-00:31:25) Make or Break For Someone Building A Product In Construction
(00:31:25-00:49:29) Experience of Raising Money
(00:49:29-00:52:21) Number One Skill That A CEO Should Learn
(00:52:21-00:53:08) Outro
read more
Bricks & Bytes
Big Tech, VC Billions & AI Architects | Martin & Owen Exclusive
"If you could interview one Venture Capitalist in the world, who would it be?"
In today's episode, hosts Owen and Martin sit down and talk about the fascinating intersection of construction, technology, and Big-Money investment. Join them as they look back on their own evolution in a field slow to embrace change.
Martin takes us down the rabbit hole where startups meet venture capitalists. And Owen pulls the curtain on the beginning of Bricks & Bytes - and gives us a glimpse of the future. This is their story: the triumphs, the experts, and the startling revelations.
Tune in and find out:
The funny story of Martin's horror on finding a basement without reinforcement
What’s the much awaited Super Series? What’s in it for startup founders?
Why does Owen think it's still early days for robots?
Are there really NO predefined verticals?
Vinod Khosla is Martin's dream venture capitalist. Why?
All this and a lot more ..
……………………………………………….
Get the latest in Construction-Technology, meet the venture capitalists, hear from the founders and join a thriving community.
Sign up for our newsletter at: https://bricksbytes.show
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Youtube: https://www.youtube.com/channel/UCmNbunUTIIQDzbJgGJt9_Zg
Instagram: https://www.instagram.com/bricksbytes/
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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
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Timestamps:
(00:00:00-00:03:50) Intro
(00:03:50-00:10:30) How Bricks & Bytes Started
(00:10:30-00:16:36) Shift of Bricks & Bytes into Investors and Startup Founders
(00:16:36-00:21:00) Future VCs Guests Coming Soon
(00:21:00-00:27:55) Fun Conversation
(00:27:55-00:28:22) Outro
read more
Bricks & Bytes
Factories in Shipping Containers to Build Houses - Facit Homes
"A £650,000 micro-factory can build 100 homes per year, while a traditional modular factory costing £100M+ struggles to deliver 200 homes annually. The math speaks for itself."
In today's episode of Bricks and Bytes, we had Bruce and Oliver from Facit Homes and Facit Technologies sharing their journey of revolutionizing home construction through digital fabrication and micro-factories. Their approach challenges traditional modular construction, showing how bringing manufacturing to the site can be more efficient and cost-effective.
Tune in to learn about:
✅ Why micro-factories are winning over traditional modular factories
✅ How Facit grew without external investment for 15+ years
✅ The real cost comparison: £2,400 vs £120,000 per house in factory overhead
✅ Why software alone can't solve construction's biggest challenges
Listen to the full episode to understand why the future of construction might be closer to the building site than you think.
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Chapters
00:00 Intro
03:50 Introduction to Facet Homes
06:39 Innovative Manufacturing in Home Construction
09:51 The Microfactory Approach
12:45 Design Philosophy and Flexibility
15:39 Scalability and Customization of Homes
18:52 Target Customers and Engagement Process
21:46 B2B and B2C Dynamics
24:40 Cost Efficiency and Time Savings
27:50 Building Trust in a Skeptical Industry
30:46 Labor and Automation in Construction
33:42 Cultural Changes in Construction
36:40 Future Vision for Facet Homes
44:24 Building the Future: Microfactories and Scalability
47:57 Challenges in Construction: Building a Company
53:51 Investor Perspectives: Overcoming Prejudice in Construction
58:13 Expanding Horizons: Going Beyond the UK
1:06:45 The Evolution of Construction: Modern Methods and Digital Fabrication
1:08:21 Improving Processes: The Future of Construction Technology
read more
Bricks & Bytes
The Race To Net Zero by 2050. Is It Actually Possible?
In a world teetering on the brink of environmental crisis, we go on a journey where hope meets innovation.
In today's episode, we sit down with Anil Sawhney - author of International BIM Implementation Guide and the Head of Sustainability at the Royal Institution of Chartered Surveyors.
In an open chat, Anil delves into the heart of future development, talks about the importance of sustainability in the construction industry – and shows us why it is more critical than ever.
He takes us on a journey to the future, discussing the need for new regulations and standards to drive change, the skill gaps that need to be bridged, the possibility of achieving net-zero emissions by 2050, and much more.
Tune in and find out:
What does "building green" really mean? It's not just about the planet! We need buildings that are good for people, cost less to run, and use fair practices.
How can we build smarter? How to integrate sustainability principles into core work processes – teach builders new ways of doing things and use tech to track how our buildings impact the earth.
Can technology help us make buildings that help the planet? The journey ahead to a net zero by 2050.
Innovation meets hope. Exciting developments in construction technology and digital tools to measure, report and reduce carbon emissions.
To learn more about the future of sustainable development and investment opportunities, sign up for our newsletter : https://bricksbytes.show
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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
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Timestamps:
(00:00:00-00:05:30) Intro
(00:05:30-00:08:45) Future of Construction Tech According to RICS
(00:08:45-00:11:40) Role as a Head Of Sustainability
(00:11:40-00:34:20) How to measure Sustainabiliy in Built World
(00:34:20-00:43:21) Zero by 2050 In Construction
(00:43:21-00:44:44) Outro
Unicorns, Coast's $40M Raise, and $34 Billion in Construction Tech Funding - Why Headcount Growth Might Be Misleading
Construction tech funding is booming, but is it all hype?
In this episode of Bricks, Bucks and Bytes, we learned about Coast's impressive $40 million Series B raise for their financial services platform in transportation.
We also got insights on the surprising growth in construction tech funding, reaching 0.53% of total venture capital.
Plus, we heard a critical take on using headcount growth as a measure of startup success.
Tune in to find out about:
✅ Why Coast is attracting big investment
✅ The unexpected trends in construction tech funding
✅ Why unicorns in the sector are both rising and falling
✅ What really matters when evaluating startups (it's not just numbers)
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Instagram: https://www.instagram.com/bricksbytes/
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Company Mentioned
Coast
Brex
Veev
Nexii
Autodesk
Trimble
FlashTrack
Procore
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Timestamps
00:00 Intro
00:32 Introduction to Coast: Financial Services Platform for Transportation
06:12 Coast's Funding and Investors
10:23 Assessing the Viability of Coast's Target Market
13:42 Analysis of Coast's Funding Rounds and Revenue Growth
18:07 Discussion on Investor Perceptions and Series B Funding
19:09 Market News: ConstruTech Funding Landscape
23:21 Analysis of Funding Trends in ConstruTech
27:45 Hype and Funding Rounds in Construction Technology
32:18 The Growth of Highly Substantiated Companies
36:26 The Asian Market and Funding Rounds
37:25 The Changing Landscape of Exits
41:41 Headcount Growth as a Metric for Startup Evaluation
read more
Bricks, Buck$ And Bytes
Fencing - The Hidden Gold Mine in Construction Tech & Nexii's Surprising Comeback
Is the fencing industry secretly one of the most profitable sectors in construction?
In this episode of Bricks, Bucks and Bytes, we learned about EverFence's $7.7 million Series A funding, showing strong interest in the fencing market.
We also discussed Nexii's attempt to relaunch after going into liquidation, highlighting the challenges in offsite modular construction.\
Plus, we got candid insights from Patric on why advice from generalist VCs might be hurting construction tech startups.
Tune in to find out:
✅ Why fencing companies can see up to 200% profit margins
✅ The pros and cons of asset-heavy vs. asset-light models in construction
✅ How bad VC advice is affecting construction tech startups
✅ Why founders should be wary of VCs who can't admit what they don't know
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Company Mentioned:
EverFence
Ergion
Nexii
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Sign up to the #1 Newsletter In Construction Tech. Join over 1,000 like-minded Founders, Investors and Techies disrupting the way we build. Forever : https://bricks-bytes.beehiiv.com/subscribe
LinkedIn: https://www.linkedin.com/company/bricks-bytes/
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read more
Bricks, Buck$ And Bytes
GUEST: Holobuilder’s Path To $34m Exit, Mo Akbari’s Journey Building The Pioneering Reality Capture Tool
Ever wonder how a startup goes from $8M to a big exit in construction tech?
In this episode of Bricks, Bucks and Bytes, we learned about HoloBuilder's journey from raising $8M to being acquired by Faro.
We also found out that despite big investments, the reality capture market still has room to grow. Companies like Cupix and Faro are leading, but there's space for new ideas in robotics and AI.
Plus, we got insights on how some VCs are betting on AI startups, hoping to find the next big winner.
Tune in to discover:
✅ Why job site pizza beats expensive marketing in construction tech
✅ The potential of scan-to-BIM technology
✅ How some AI startups raise millions with just a pitch deck
✅ Why product adoption matters more than fancy tech in construction
Listen to the full episode on Spotify to learn more about construction tech and startup funding strategies.
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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
---------------------------
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X/Twitter: https://twitter.com/bricksbytespod
Youtube: https://www.youtube.com/channel/UCmNbunUTIIQDzbJgGJt9_Zg
Instagram: https://www.instagram.com/bricksbytes/
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Company Mentioned:
Faro
Frankfurt Airport
Siemens
Autodesk
Contilio
Disperse
OpenSpace
Cupix
Doxel
HoloBuilder
Matterport
Hansel Phelps
Buildots
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Timestamps
00:00 Introduction and Overview
01:09 The Journey of HoloBuilder: From Manufacturing to Construction
08:41 The Go-to-Market Strategy of HoloBuilder
14:20 The Decision to Exit HoloBuilder
23:15 The Three Components of Reality Capture in Construction Tech
28:03 Competition in the Reality Capture Space
35:18 Success Factors in Reality Capture Solutions
39:56 The Evolving Reality Capture Market and Market Leaders
41:33 Funding Challenges and Valuation Drops in Construction Tech
45:26 The Importance of Adoption and User Engagement in Construction Tech
57:34 Niche Markets and Disrupting Workflows in Construction Tech
01:09:43 Building Strong Customer Relationships in the Construction Tech Industry
read more
Bricks, Buck$ And Bytes
€5.7M VC Bet To Retrofit Europe’s Housing Stock, "Pay What You Want" models and Nemetschek to India - Bricks, Bucks & Bytes
Could a "Cloud Installer" approach help insulate 30 million European homes faster?
In this episode of Bricks, Bucks and Bytes, we learned about Varm's €5.7M seed round for their innovative insulation business. They're using a "Cloud Installer" approach to scale across Europe.
We also discussed Nemetschek Group entering India's construction software market, starting with university partnerships.
Plus, Patric Hellermann shared why he's excited about Varm and his thoughts on "pay what you want" pricing for software.
Tune in to find out about:
✅ How insulation can cut energy costs by up to 40%
✅ Challenges of selling €2,500 software licenses in India
✅ Varm's plan to train and equip local insulation businesses
✅ Why "pay what you want" pricing might not work for high R&D software
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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
--------------------
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X/Twitter: https://twitter.com/bricksbytespod
Youtube: https://www.youtube.com/channel/UCmNbunUTIIQDzbJgGJt9_Zg
Instagram: https://www.instagram.com/bricksbytes/
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Companies Mentioned :
Foundamental
VARM
Koala Insulation
Enpal
Thermondo
1.5 degrees
Service Titan
Autodesk
Bentley
Hexagon
Nemechek Group
Trimble
Rayon
AOPropTech
Emerge
Pale Blue Dot
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Timestamps:
00:00 Introduction and Funding Round
02:32 Varm's Focus on Insulating Existing Buildings
05:41 Cloud Installer: Varm's Business Model
10:09 Blow-In Insulation: A High ROI Measure
28:06 Introduction to Nemechek Group's Expansion into India
31:59 The Potential of the Indian AEC Software Market
36:26 Challenges of Pricing Models in the Indian Market