Rawmart provides a digital marketplace and smart procurement management tools for contractors and vendors to source materials efficiently. Users can browse, compare pricing, and purchase materials from verified suppliers in one platform. This streamlines project workflows, reduces sourcing time, and improves cost control for construction-related procurement.
Funding
$485K 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.
AVFounders
Product
Problem
Construction builders face challenges in efficiently sourcing building materials due to a lack of real-time pricing information and inefficient procurement processes. This can lead to delays, increased costs, and difficulties in tracking material consumption.
Solution
Rawmart is an online platform designed to streamline the procurement of construction and finishing materials, offering builders a faster and more cost-effective sourcing solution. The platform provides real-time pricing and tracking for a wide range of construction products from over 100 brands. By leveraging machine learning, Rawmart automates the pricing mechanism, enabling builders to quickly compare prices and make informed purchasing decisions. The platform aims to reduce procurement times and lower material costs, while also providing tools to monitor purchases and consumption rates.
Target Audience
Rawmart primarily targets engineers, construction companies, and contractors involved in building and finishing projects.
Features
- Real-time pricing updates for construction and finishing materials
- Access to over 100 brands of building products
- Machine learning-powered pricing mechanism for automated price comparison
- Order tracking and consumption monitoring tools
- Mobile application for both Android and iOS
- Option to request instant quotes
- Supplier growth platform to empower construction vendors