Ediphi provides a cloud-based platform designed to streamline the entire preconstruction lifecycle for construction professionals. The platform integrates estimating, cost modeling, contracting, and general conditions management into unified workflows. This centralization allows teams to leverage historical data, automate processes, and improve cost control across projects.
Funding
$18.5M 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.
NVFounders
Product
Problem
Construction estimators face challenges in generating accurate cost estimates early in design-build projects due to incomplete designs and limited access to comprehensive historical cost data. This lack of timely financial guidance hinders collaboration and efficiency from project ideation to execution.
Solution
Ediphi offers a cloud-based estimating platform that empowers construction estimators to create precise cost estimates using minimal project inputs and a rich database of historical cost data. The platform enables estimators to rapidly provide financial guidance on design viability, present a complete picture of costs with context, and deliver an efficient experience from project ideation to breaking ground. By connecting preconstruction workflows and data in a single cloud-based platform, Ediphi eliminates the need for remote desktop connections and batch updates, ensuring estimators always work on the latest versions of estimates from any device, anywhere. The solution facilitates multi-user collaboration and version control, streamlining the estimating process and improving overall project outcomes.
Target Audience
Ediphi is designed for construction estimators working on design-build or negotiated projects who need to provide accurate pricing early in the project lifecycle.
Features
- Cloud-based platform accessible from any device, eliminating the need for remote desktop connections
- Comprehensive database of historical cost data for accurate pricing with minimal project inputs
- Parametric estimating capabilities that leverage building geometry to intelligently calculate quantities and match them with historical cost data
- Tools for allocating estimated costs by asset class, simplifying funding for uses like parking, retail, or apartments
- Features for managing unit mix and finish schedules, allowing users to populate rough building details with previously estimated units
- Real-time estimate refactoring that automatically adjusts the entire estimate when design revisions are made
- Multi-user collaboration and version control for seamless teamwork and data management