Configure is a construction marketplace that utilizes Bid Day AI to analyze and compare vendor quotes against project specifications, enabling contractors to make informed bidding decisions. This technology reduces the complexity of bid evaluations, minimizes pricing errors, and enhances the accuracy of cost estimates.
Funding
$2M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Construction contractors face challenges in efficiently evaluating and comparing vendor quotes against project specifications, leading to potential pricing errors and inaccurate cost estimates. Manually analyzing bids is time-consuming and prone to human error, increasing project risk and impacting profitability.
Solution
Configure offers a construction marketplace with Bid Day AI, a tool designed to streamline the bid evaluation process. Bid Day AI analyzes and compares vendor quotes against project specifications, providing contractors with data-driven insights for informed bidding decisions. The platform reduces the complexity of bid evaluations, minimizes pricing errors, and enhances the accuracy of cost estimates by leveraging intelligent tracking that improves with each bid.
Target Audience
The primary users are construction contractors, estimators, and design-build engineers seeking to improve the accuracy and efficiency of their bidding process.
Features
- AI-powered analysis of vendor quotes against project specifications
- Side-by-side comparisons of bids for easy evaluation
- Identification of pricing patterns from historical data
- Intelligent tracking that learns and improves with each bid