TrueBuilt offers an AI-powered preconstruction platform that integrates quantity takeoff, estimation, and bid management to enhance accuracy and speed for builders. By streamlining the preconstruction workflow, the platform helps general contractors and subcontractors increase bid success rates and minimize project risks.
Funding
$4M 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
The preconstruction phase in construction often suffers from inaccuracies and delays due to disparate tools for quantity takeoff, estimation, and bid management. This can lead to increased project risks, reduced bid success rates, and ultimately, lower profitability for both general contractors and subcontractors.
Solution
TrueBuilt offers a unified, AI-powered preconstruction platform designed to streamline the entire workflow, from initial quantity takeoff to final bid submission. By integrating takeoff, estimation, bid management, and qualification & risk management into a single platform, TrueBuilt eliminates redundancies and improves accuracy. The platform leverages AI and computer vision to automate quantity takeoff and estimation, enabling faster and more intelligent preconstruction processes. This allows general contractors and subcontractors to capture more bids with accurate estimates, minimize scope creep through better alignment, and maximize project profitability.
Target Audience
TrueBuilt primarily targets general contractors and subcontractors seeking to improve the accuracy and efficiency of their preconstruction processes, increase bid success rates, and maximize project profitability.
Features
- AI-powered quantity takeoff for automated measurement from construction plans
- Integrated estimation tools utilizing historical data and supplier databases
- Bid management module for creating and submitting competitive bids
- Qualification and risk management features to assess project viability
- Collaboration tools for seamless communication between internal and external stakeholders
- Cloud-based platform for accessibility and real-time data sharing
- Multi-database functionality to leverage historical data, estimator databases, and supplier partner databases