#027 - Jefferson Sanchez - Accelerating revenue for house remodellers
On today's show we have Jefferson Sanchez - Co-Founder & COO of Revonate.
In this episode we deep dive into:
Revenue acceleration for house remodellers
Web3
AI
Platform revolution in construction.
If you’re enjoying our podcast, please leave us a review! This helps us get more amazing guests to give you guys the best and most informative content on technology in the built world.
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Jefferson Sanchez - Co-Founder & COO of Revonate.
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Today's Sponsor: beta - Construction and technology network platform - connecting the tech industry with traditional partners.
Chek: www.the-beta.com
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Timestamps:
(00:00:00-00:01:12) - Intro
(00:01:12-00:01:54) - Sponsor
(00:01:54-00:03:21) - Jefferson’s journey to creating Revonate
(00:03:21-00:05:20) - Being a migrant and starting business
(00:05:20-00:09:13) - Key lessons learned from the failure of previous company
(00:09:13-00:10:29) - Introducing Revonate
(00:10:29-00:14:33) - AI powered construction contract
(00:14:33-00:17:13) - AI’s impact on construction in the future
(00:17:13-00:19:00) - Building trust layer in AI/ML technologies
(00:19:00-00:20:01) - Explaining Archidao
(00:20:01-00:24:04) - Use of blockchain in technology
(00:24:04-00:25:05) - Founding Revonate
(00:25:05-00:26:46) - Taking outside investments
(00:26:46-00:28:58) - Current economic situation and its impact on the future of construction tech world
(00:28:58-00:29:35) - Is Revonate designed only for the US market?
(00:29:33-00:31:16) - Jefferson’s marketing tactics
(00:31:16-00:34:46) - Work-life balance
(00:34:46-00:35:51) - Book recommendation
(00:35:51-00:36:20) - More about Jefferson
(00:36:20-00:36:38) - Outro
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Bricks & Bytes
How To Build A Unicorn In Construction Tech - Patric Hellermann
In today’s episode, we have Patric Hellermann, General Partner at the largest global early stage investor in construction technology - Foundamental.
Patric explains the 30bn opportunity in construction tech, the past and future models of unicorns, and how VC in the world of construction operates.
Tune in to find out about:
How VC funding in construction tech is defying the recession-hit VC ecosystem, showcasing opportunity and resilience unlike other sectors
The existing and future models of unicorn construction tech startups
What shapes the VC world in construction; from exceptional investors through to founder-fit, and what happens when a company begins to fail
Patric’s favorite investors and his way of staying creative while managing a career in VC
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Patric Hellermann | General Partner at Foundamental
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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
Timestamps:
(00:00:00-00:03:18) Intro
(00:03:18-00:06:32) How to Create a Venture Capital Company
(00:06:32-00:40:22) Funding Statistics in Construction
(00:40:22-01:07:57) Unicorns in Construction Tech
(01:07:57-01:11:17) Difference Between Private Equity and Early Stage VC
(01:11:17-01:15:59) How the Due Diligence Process Looks Like
(01:15:59-01:22:39) Differences in VCs in Construction and Other Industries
(01:22:39-01:42:07) Audience's Questions
(01:42:07-01:42:52) Outro
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Bricks & Bytes
#038 - Vlad Opanasiuk - Construction Transformation: Automation, Open Source & Tech Integration
In this episode, we sit down with Vlad Opanasiuk, CEO of REDD, emphasizing the unique challenges and opportunities in automating construction processes. He shares insights from a startup accelerator, highlighting the importance of quick execution and adaptability in the industry.
During the episode, we dive into:
Automation in construction beyond robot factories.
Vlad's experience in a startup accelerator (Entrepreneur First).
Construction industry challenges in venture capital circles.
Construction digital integration
Data collection driving AI success
If you’re enjoying our podcast, please leave us a review! This helps us get more amazing guests to give you guys the best and most informative content on technology in the built world.
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Vlad Opanasiuk, CEO @ REDD (Revolutionary Engineering & Digital Design)
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Today's Sponsor: beta - Construction and technology network platform
- connecting the tech industry with traditional partners.
Check www.the-beta.com
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Timestamps:
00:09 - Owen's Intro
00:54 - Shout out to our sponsor
01:09 - Podcast Starts - What is design automation?
05:37 - How do you think the industry is about automation?
09:13 - Incubator and launchpad
12:10 - How venture capitalist invests
14:57 - Ideas don't really matter
16:10 - None of the team had technical background
19:11 - Construction industry is a difficult industry for VC circles
21:58 - Not everything is software
23:00 - We are not selling designs. We are selling risks
26:00 - BIM and ML integration
30:15 - REDD - Revolutionary Engineering & Digital Design
33:10 - Outsourced RnD Department
34:00 - Is this for investor or engineer?
37:15 - What is the main obstacle and why is it not possible to do?
39:21 - how deep the product is, what's the range of this product?
43:48 - Plant based replacement concept
48:55 - Off topic question
52:20 - Ending
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Bricks & Bytes
#078 - 3 ESG Metrics That Your Startup Needs Before Approaching Investors In Construction Tech - Jimmy Jia - Pi Labs
In today’s episode of Bricks & Bytes, we have Jimmy Jia, Venture Partner, ESG at Pi Labs.
We learn about how ESG is transforming investment decisions, what ESG metrics startups should focus on, and much more!
Tune in to find out about:
How ESG metrics are becoming key drivers for construction tech investors
The right time for startups to begin tracking ESG factors
Tips from an ESG investor on how startups should approach funding
If you're enjoying the podcast, I'd really appreciate if you could leave a rating and review.
(00:00:00 - 00:02:00) - Intro
(00:02:00 - 00:04:41) - About Energy Efficiency of buildings
(00:04:41 - 00:10:26) - About Sustainable Finance
(00:10:26 - 00:15:30) - ESG issues and complexities
(00:15:30 - 00:29:30) - Financial accounting for sustainability
(00:29:30 - 00:36:40) - Building green startups
(00:36:40 - 00:43:32) - Balancing work and environmental goals
(00:43:32 - 00:43:46) - Outro
€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
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Bricks, Buck$ And Bytes
€69M for Carbon Capture, Trimble Buys Flashtract & Why VC Success from Accelerators is Misleading - Bricks, Bucks & Bytes
Is raising venture capital really a sign of success for startups?
In this episode of Bricks, Bucks and Bytes, we explore Neustark's €69M growth round. We learn how they're making carbon capture a scalable industrial process, not just a scientific breakthrough.
We also dive into Trimble's acquisition of Flashtract, following similar moves by Autodesk and Procore. This trend is reshaping construction payment solutions.
Patric also shares some candid thoughts on startup accelerators and what really matters for success. Hint: it's not just about fundraising.
Tune in to find out about:
✅ Why Neustark's focus on industrialization sets them apart in the crowded climate tech space
✅ The evolving landscape of construction payment solutions and what it means for startups ✅ The surprising stats on startup success rates from accelerators (and why they might not matter)
✅ Why building a sustainable business trumps fundraising hype every time
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/
00:00 Intro
01:04 Neustark: Industrializing Carbon Capture and Storage
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Bricks, Buck$ And Bytes
$1B Logistics Deal, $30M Saudi Tech Funding, and 3 Construction Market Insights: Gross Margin, Distribution & Impact Of Global Trade Shifts - Bricks, Bucks & Bytes
Is Saudi Arabia outpacing Silicon Valley in construction tech? A recent $30M funding round suggests so...
In this episode of Bricks, Bucks and Bytes, we explored Tendered's major Series A funding, signaling the Middle East's growing importance in construction innovation.
We also dissected a billion-dollar logistics acquisition that could reshape the industry's tech landscape.
Plus, we uncovered why gross margins might be the hidden key to startup success in construction.
Tune in to find out about:
✅ Why Saudi Arabia is becoming a hotbed for construction tech
✅ How global trade shifts are impacting construction and logistics
✅ The surprising truth about product differentiation and deployment complexity
✅ Why distribution, not just product, creates category winners
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Sign up to the #1 Newsletter In Construction Tech. Join over 1,000 like-minded Founders, Investors and Techies disrupting the way we build. Forever : https://bricks-bytes.beehiiv.com/subscribe
LinkedIn: https://www.linkedin.com/company/bricks-bytes/
X/Twitter: https://twitter.com/bricksbytespod
Youtube: https://www.youtube.com/channel/UCmNbunUTIIQDzbJgGJt9_Zg
Instagram: https://www.instagram.com/bricksbytes/
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Chapters
00:00 Introduction and Funding News
01:32 Tendered: Revolutionizing Heavy Equipment Operations
25:03 The Signal of the Acquisition for the Logistics Technology Market
28:18 Asset-Like Transportation Solutions in Logistics
29:06 Comparing Funding in Logistics and Construction
29:20 The Risks and Opportunities of Focusing on the Saudi Arabian Market
29:50 Conclusion
31:06 The Correlation Between Logistics and the Wider Economy
36:21 The Impact of Geopolitical Events on Trading and Logistics Companies
45:07 The Importance of Gross Margin and Contribution Margin
55:05 The Seasonality of the AEC Sector
56:43 Avoiding Mistakes and the Role of Distribution in Becoming a Category Creator
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Bricks, Buck$ And Bytes
BONUS - How India’s FIRST Unicorn In Construction Tech Was Created – InfraMarket - with Shubhankar Bhattacharya
From delivering concrete in Mumbai to becoming India's second-largest concrete supplier - how did InfraMarket do it?
In this episode, we had Shubh from Foundamental, an early investor in InfraMarket, and we got to learn about the unique challenges of the Indian market, InfraMarket's innovative acquisition strategy, and their journey to becoming a construction tech unicorn.
Tune in to find out about:
✅ How InfraMarket built trust by simply delivering on time in a market where that's not guaranteed
✅ The company's "outcome as a service" approach and its path to profitability
✅ InfraMarket's strategic expansion into consumer-facing products and global markets
✅ The role of working capital in scaling a construction materials business
✅ Insights on InfraMarket's upcoming IPO and India's growing stock market
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Timestamps
0:00 - Intro
4:13 - Presence Of Foundamental in India
8:12 - Space That Foundamentals are Focussing In India
11:45 - Labor Shortage In India
14:00 - Impact on Interest Rates In Construction Industry In India
16:20 - Dollar Milkshake Theory
20:00 - Misinconceptions in terms of Investing in India
23:00 - How Shubh Ended Up Investing In InfraMarket
37:40 - Acquisition Strategy
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