BuildVision

BuildVision is a procurement network for the commercial construction industry, founded in 2023 by CEO Mike Powers and CTO Christophe Prakash. The founders bring significant industry experience; Powers has a background in construction from a young age, worked at Turner Construction, and later at BuildingConnected, an Autodesk-acquired company. Prakash was a technical engineering leader at BuildingConnected as well. This shared experience at the intersection of construction and technology informed their approach to solving procurement challenges they repeatedly encountered.

The company operates a cloud-native platform designed to connect commercial construction contractors directly with manufacturers and suppliers. This model aims to digitize and streamline the traditionally fragmented and relationship-driven process of sourcing engineered building systems like HVAC, generators, and switchgear. By creating a direct line of communication, the platform eliminates intermediaries, which can reduce unnecessary markups and project delays. Clients, primarily commercial contractors, use the platform to aggregate demand across multiple projects, automate the Request for Quote (RFQ) process, track procurement progress in real-time, and manage supplier relationships at scale. The platform claims to help contractors cut procurement costs by up to 20%.

BuildVision's product offers features such as one-click RFQ generation, real-time visibility into procurement statuses, and data-driven insights to help with purchasing decisions. The company is expanding its platform to become a full-service procurement hub by integrating financing, logistics, and supplier performance tracking. It also utilizes AI for features like quote generation and to automate data aggregation for Autodesk customers. The business model appears to be based on usage, with a credit-based system for accessing AI features like quote generation and project analysis. As of March 2025, the Charleston, S.C.-based company has raised a total of $13.8 million, following a $10 million Series A round led by Norwest Venture Partners with participation from Crosslink Capital.

Keywords: construction procurement, procurement platform, construction technology, ConTech, SaaS, commercial construction, direct sourcing, equipment procurement, supplier network, RFQ management, cost savings, project profitability, supply chain, building systems, data-driven procurement, construction software, procurement automation, preconstruction, materials sourcing, construction finance, logistics tracking, supplier management, Mike Powers