
Buildmetric
A business management software for the trades and services industry.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
$40.0k | Seed | ||
Total Funding | 000k |
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Operating within the construction technology sector, Buildmetric provides a service designed to streamline the quoting and estimation process for contractors and tradespeople. The company targets small to large-sized businesses in the residential and commercial construction markets, aiming to convert the time-intensive task of preparing tenders into a competitive advantage. The core of Buildmetric's offering is a service that takes a client's project plans and generates professional quotes and detailed estimates. This process utilizes an AI-powered system combined with an estimating team to produce precise takeoffs and bill of quantities reports, all tailored to the client's specific rates and profit margins. Unlike software that assists with quoting, Buildmetric performs the entire task on behalf of its clients, covering all trades except for electrical, plumbing, and mechanical work. This allows contractors to avoid late nights and weekend work previously spent on estimations, win more projects through professional tender documents, and increase profitability with accurate projections. The business operates on a subscription-based revenue model with tiered monthly plans designated as Starter, Advanced, and Elite, which vary by the number of included quotes or estimate hours and turnaround time. This structure provides a predictable cost for what can be a variable and time-consuming part of the construction business. Revenue is generated from these monthly subscription fees, with options for purchasing additional blocks of estimating hours. The company was founded in Canada in 2013. Keywords: construction estimating, quote generation, tender documents, takeoff services, bill of quantities, construction quoting software, contractor bidding, residential construction, commercial construction, subcontractor estimating, construction business model, project estimation, AI in construction, construction financial management, buildmetric pricing, construction service, project bidding, cost estimation