Creating Value at the intersection of Hospitality <> Real Estate <> Technology / BIG DATA (Hard & Soft Assets)
D
DigiBuild
8/10Traction
DigiBuild offers a construction management software that automates material procurement and tracking using blockchain technology, significantly enhancing visibility and efficiency in the supply chain. By reducing material management time by up to 50% and minimizing scheduling delays, the platform addresses the critical issues of cost overruns and project delays in the construction industry.
- Artificial Intelligence
- Data & Analytics
- Construction Technology
- Enterprise Software
- Software Only
Updated 6 months ago
Funding
Raised to date
$6.7MRaised 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.
across 3 known rounds
+11$150K · Seed
Announced Jan 2024
Disclosed cumulative: $4.2M
2/2
Reported total $6.7M
Not on chart (date unknown): Pre-Seed $340K
Incomplete round history. $2.2M of the $6.7M reported total isn’t matched to a known round.
RoundDateAmountValuationInvestors
Founders
Product
Problem
Construction projects frequently suffer from budget overruns and scheduling delays due to inefficient supply chain and material management processes. Rising material prices and extended lead times exacerbate these issues, increasing financial risks for contractors.
Solution
DigiBuild offers a construction management platform that automates material procurement and tracking, providing enhanced visibility and efficiency throughout the supply chain. The platform leverages AI to streamline the process of finding, ordering, and managing materials, helping contractors reduce labor hours and material costs. By providing a single dashboard with an audit trail for each transaction, DigiBuild ensures that owners, general contractors, and subcontractors have unprecedented visibility from order to delivery. Predictive scheduling tools further minimize delays by generating "must order by" dates, ensuring materials are available when needed.
Target Audience
DigiBuild targets subcontractors, general contractors, and owners seeking to improve material management, reduce costs, and minimize project delays.
Features
- AI-powered material takeoff from drawing sets and job schedules
- Supplier marketplace providing quotes from multiple material suppliers
- Predictive scheduling tools to determine "must order by" dates
- Single dashboard for tracking materials from order to jobsite
- Automated paperwork, contracts, and streamlined payments
- Material procurement data capture for process improvement