#018 - Harsh Badera - Product management in construction tech
What happens when a construction engineer goes into construction tech?
Today we welcome Harsh Badera of Procore.
In this episode we deep dive into:
Harsh’s story starting from construction engineer up to his current position in Procore
ToDo's and not to-do's in the product management
If we are going to see more B2C products 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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Harsh Badera - Product Management at Procore | Startup Investor | Advisor | Speaker
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Today's Sponsor:
@Beta Construction and technology network platform - connecting the tech industry with traditional partners.
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00:00:00 --> 00:02:03 Intro + Sponsor
00:02:04 --> 00:05:52 History of Harsh’s journey from project manager to product manager
00:05:53 --> 00:07:54 Switching from project manager to product manager
00:08:24 --> 00:09:58 How do you see using software in construction?
00:09:59 --> 00:12:47 What is product management?
00:12:48 --> 00:14:47 Do you see a future where construction offers more services directly to the consumer rather than B2B?
00:14:48 --> 00:16:30 Given the amount of solutions, do you think that there is a singular source where they can all integrate?
00:16:31 --> 00:17:27 Agave Startup
00:17:28 --> 00:19:04 Is creating a product in construction different than in other industries?
00:19:05 --> 00:24:15 Do you have a product management process that you follow?
00:24:16 --> 00:27:29 Introduction of Procore
00:27:30 --> 00:29:01 Construction network
00:29:59 --> 00:31:43 Trust verification for the future of contracts
00:31:45 --> 00:36:38 Harsh’s thoughts about Katerra
00:40:20 --> 00:41:40 More about Harsh
00:41:42 --> 00:42:02 Outro
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Bricks & Bytes
#037 - Brendan Ardagh - The AI revolution in construction
In this episode, we sit down with Brendan, Co-Founder of Provision, who made the jump from a traditional QS role to a technology role. He shares with us his interesting journey and how he fell in love with construction.
During the episode we dive into:
Brendan's experience with the startup world
His Journey through Y Combinator
World of AI
Machine learning
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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Brendan Ardagh Co-Founder of Provision
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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 --> 00:01:22 - Intro
00:01:22 --> 00:02:04 - Sponsor
00:02:04 --> 00:04:35 - Brendan's journey from Quantity Surveyor to entrepreneur
00:04:35 --> 00:05:55 - Differences between the startup and technology scene in South Africa and Canada/US
00:05:55 --> 00:07:25 - Brendan's involvement with Y Combinator and how he got in
00:07:25 --> 00:13:29 - Innovation in construction industry and the difficulty in changing it
00:13:29 --> 00:16:13 - Discussing Y Combinator and the value it provides to startups
00:16:13 --> 00:18:16 - The dinosaur-like view of the construction industry and the potential advantage of being associated with Y Combinator
00:18:16 --> 00:30:31 - Introducing Provision and discussing AI & Chat GPT
00:30:11 --> 00:35:30 - Getting involved in using AI and where to start learning about it
00:35:30 --> 00:39:56 - Chat GPT and how it will impact construction industry in the future
00:39:56 --> 00:41:47 - The importance of utilising GPT effectively and jumping on opportunities presented by it
00:41:47 --> 00:42:55 - How open is OpenAI
00:42:55 --> 00:46:03 - Brendan’s routine
00:46:03 --> 00:46:53 - More about Brendan
00:46:53 --> 00:47:10 - Outro
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Bricks & Bytes
#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
"AI Can't Handle Full Design Workflows!" - Automation Promises & Real-World Limitations from AEC Experts
"Is it possible to get from concept to fully constructible building designs in hours? "In today's episode of Bricks, Bucks and Bytes, we got to learn about Augmenta's $10 million seed funding for their AI-powered design platform that aims to automate electrical designs for buildings.We also learned about the ongoing debate between automated design platforms versus improved authoring tools, and which approach might ultimately capture more value in the MEP/S design space.Patric shared his investor's perspective that data infrastructure, authoring tools, and systems of record may be better investment targets than pure AI solutions, as they're likely to embed AI capabilities and control workflows long-term.Tune in to find out about:✅ The challenge of creating "fully constructible" designs through automation✅ Why minimum feature sets in building design software are exceptionally high✅ The reality that vectorial AI systems will always need human refinement✅ How the MEP design workflow might evolve with AI assistance------------Chapters00:00 Intro03:40 Augmenta's Seed Funding and Automation in Design07:02 Challenges of Constructible Designs11:35 The Importance of Minimum Feature Sets15:01 Marketing vs. Reality in Construction Tech18:19 Competition in the Automation Space20:16 Navigating the Complexities of MEP Design24:11 The Future of Automated Building Design30:11 The Role of AI in Design Automation34:26 The Intersection of Authoring Tools and Automation39:00 The Evolving Landscape of AI in Construction
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Bricks, Buck$ And Bytes
"$65 Billion Wasted!" - How Twin Knowledge's AI Prevents Costly Construction Rework
"$65 billion worth of rework happened in the United States last year in construction. The expectation in the market is that construction projects run over budgets and timelines."In today's episode of Bricks, Bucks and Bytes, we got to learn about Twin Knowledge, an AI-powered platform that raised $3.7M to help construction and real estate stakeholders QA/QC building drawings before they hit the field.We discovered how the company is tackling the massive $65B rework problem by creating AI assistants that help query unstructured data across different silos.Also, we learned about the power of "white glove" implementation approaches in construction tech from JP Bowgen of Camber Creek.Tune in to find out about:✅ Why developers feel the most pain from drawing errors✅ How Twin Knowledge can help teams do "4-5X the work with half the team"✅ Why founder expertise matters more than ever in the AI boom✅ The importance of catching errors upstream before they become costly rework-------------Sign up to the #1 Newsletter In Construction Tech. Join over 1,000 like-minded Founders, Investors and Techies disrupting the way we build. Forever : https://bricks-bytes.beehiiv.com/subscribe-------------LinkedIn: https://www.linkedin.com/company/bricks-bytes/X/Twitter: https://twitter.com/bricksbytespodYoutube: https://www.youtube.com/channel/UCmNbunUTIIQDzbJgGJt9_ZgInstagram: https://www.instagram.com/bricksbytes/---------------Chapters00:00 Introduction to Twin Knowledge and AI in Construction02:53 Understanding the Accuracy and Utility of AI in Building Drawings06:14 The Impact of Rework in Construction and the Role of Twin Knowledge08:47 Evaluating the Value of Twin Knowledge in Construction Projects11:57 The Leadership Behind Twin Knowledge and Its Market Position14:56 The White Glove Approach in Technology Implementation17:57 The Future of Twin Knowledge and AI in Construction28:10 The Vision Behind Twin Knowledge30:01 Funding and Future Plans32:02 Competitive Landscape and Unique Positioning33:55 Understanding Cost Savings and Value Proposition36:09 Rework Challenges in Construction38:58 Incentives and Business Dynamics43:59 Final Thoughts on AI and Future Prospects
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Bricks, Buck$ And Bytes
Germany's Fiscal Bazooka Ignites Europe - Construction Tech Opportunities & Capital Shifts from Global VC Perspective
"Germany's fiscal U-turn might be the drop that makes Europe's bucket overflow."In today's episode of Bricks, Bucks and Bytes, we got to learn about Camber Creek's unique investment approach with JP Bowgen - they raise funds from 300+ real estate companies to drive value for founders they back.We discussed Germany's recent "fiscal bazooka" - a massive €500 billion infrastructure fund alongside unlimited military spending, potentially kickstarting a new era of European optimism.Also, we learned about how building materials companies in Germany jumped 20% in share prices following this announcement, creating a flywheel effect for construction tech.Tune in to find out about:✅ Why JP predicts we'll see the first German construction tech unicorn in 4 years✅ How infrastructure investment creates opportunities for material innovation✅ The potential shift in global economic power dynamics✅ Why successful US startups are increasingly looking to expand into EuropeListen to the full conversation on Spotify.----------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 to Camber Creek and JP Bowgen06:09 Germany's Fiscal U-Turn and Historical Context11:53 Implications of Germany's Infrastructure and Defense Spending17:58 The Impact on Construction Tech and Startups24:01 Future Prospects for Investment in Germany28:59 Exploring On-Site Robotics and Supply Chain Solutions31:12 The Importance of Energy Efficiency in Europe33:28 Infrastructure Investment and Its Impact on Housing36:32 The Future of Venture Capital in Europe40:34 The Shift of Founders from the US to Europe44:11 Economic Implications of US Isolationism49:57 Cultural and Economic Power Dynamics
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Bricks, Buck$ And Bytes
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