BuildVision
Buy equipment smarter and create new revenue streams with BuildVision's procurement network
www.buildvision.ioProduct Overview
What It Is
BuildVision is a procurement network for mechanical and electrical equipment. It uses AI to extract and structure equipment specifications from project documents, turning unstructured procurement data into organized packages that match buyers with the suppliers who can actually bid on them.
The Problem It Solves
Current Approach
Today's equipment procurement process is inefficient and fragmented. General contractors receive project plans and send entire document packages, often exceeding 200 pages, to hundreds of vendors by bulk email or shared drives. Vendors must manually sift through these documents to identify the equipment they can bid on, which leads to apples-to-oranges comparisons when quotes are returned, wasted time for both buyers and suppliers, inconsistent pricing and package configurations, and a lack of structured data for future analysis.
How It Changes
BuildVision uses AI to automatically extract and structure equipment specifications from project documents, creating organized packages that match suppliers with relevant opportunities. The platform turns unstructured procurement data into structured, comparable information that benefits both sides of the transaction.
Area of Focus
Mechanical and electrical equipment procurement for commercial construction projects, specifically targeting the $86 billion annual market for engineering systems in the US.
Key Features
AI-Powered Document Processing
Pain: Vendors must manually review project document packages, often more than 200 pages, to work out which equipment they can even bid on.
Automatically ingests project files and specifications using vision models and OCR, extracts equipment schedules and requirements, highlights the relevant sections with direct links back to the source documents, and organizes equipment into structured packages. Processing cost has dropped sharply: 150 projects now run for $1.40 a month on Gemini Flash.
One-Click RFQ System
Pain: Preparing an RFQ takes hours of manual work, and inconsistent formats mean the quotes that come back cannot be compared directly.
Converts structured data into instant quote requests in a standardized format, so returned quotes compare like for like. Custom scope sheets carry the required questions, and distribution to qualified suppliers is automated.
Intelligent Supplier Matching
Pain: Bulk outreach sends every opportunity to every supplier, so suppliers cannot tell which ones are relevant to them and response rates suffer.
Matches equipment packages with qualified suppliers based on their line cards and service areas, filtering by zip code and equipment type. Preferred suppliers can be favorited for faster selection, and the network approach cuts irrelevant outreach.
Supplier Dashboard
Pain: Suppliers spend time reviewing opportunities that do not match what they sell or the areas they cover.
Shows suppliers only the opportunities that match their capabilities, with a simple quote submission process and built-in messaging for clarifications. Suppliers manage their own service areas and line cards.
Used By
Target Customer Types
Operating Locations
Currently US-based with an expanding Canadian presence. Plans to follow customers globally, though international markets have different rep network structures.
Implementation & Onboarding
Process: send project files, or invite BuildVision to your BuildingConnected projects. Timeline: a 30-minute demo and setup, with immediate project capability. Integration: minimal, described as one call to RFQ. Adoption: hundreds of daily users, helped by the simple implementation.
Security & Privacy
Integrations
ROI & Value
Process efficiency
Dramatic reduction in RFQ preparation time, from hours to minutes.
Profit center creation
Helps contractors build $2M+ revenue businesses through early equipment procurement services.
Time efficiency
Faster building openings through better lead time management.
Cost savings
10 to 40 percent equipment cost reductions through competitive bidding, with some projects seeing more than 100 percent savings.
Founding Team
Mike Powers
CEO
Mike has spent more than ten years selling software to ENR top 100 contractors and has strong relationships across the space. He previously co-founded a company with CTO Kristoff, who built platforms with millions of monthly active users.
LinkedIn
Ben Lyddane
COO
Ben is a mechanical engineer with a coding background who sold mechanical equipment for ten years. He founded SpecFrog, which BuildVision acquired when he joined, and brings a deep understanding of both the buy and sell sides.
LinkedInFunding
Total Raised
$13M
Series funding to accelerate growth
Investors