ConWize

ConWize operates as a specialized software-as-a-service (SaaS) provider for the construction industry, focusing on streamlining the preconstruction phase. The company was founded in 2017 by Dima Haikin, Ran Levi Sody, and Denis Umnov, who identified a need for digitalization in the traditionally manual tender management process, drawing from their collective experience in the construction sector. Haikin, the CEO, has an extensive background in the construction industry, including managing IT departments and leading ERP integration projects. This hands-on experience informed the development of the platform.

The firm's core offering is a cloud-based platform designed to automate and simplify construction cost estimation and bidding. It serves a clientele of general contractors, developers, subcontractors, and management companies. ConWize's business model is subscription-based, offering different tiers of service, including a free plan with basic features and custom enterprise-level plans. The platform aims to address critical pain points such as time consumption and inaccuracies inherent in manual bidding, claiming to reduce tender-related work time by up to 50%.

The product is an end-to-end tool that covers the entire tendering lifecycle. Its features include tender pipeline management, subcontractor bidding automation, advanced cost estimation, and tools for managing indirect costs. The system also provides analytics, offering KPIs and predictive analytics based on historical project data to inform future bids and manage risk. A key function is the ability to create a price benchmark by analyzing data from previous projects with a single click. For enhanced functionality, ConWize integrates with other construction software like Autodesk Construction Cloud and Procore, allowing for the automatic extraction of bill of quantities from 3D models. This digital workflow facilitates a smoother transition from the bidding phase to project execution by creating a unified data environment accessible across departments.

Keywords: construction technology, cost estimation software, bidding automation, procurement management, SaaS, PropTech, tender management, construction bidding, project cost management, risk management analytics, subcontractor management, digital procurement, preconstruction software, bill of quantities, construction financial management, ConTech, tender analytics, construction workflow, bid leveling, construction ERP integration, real-time bidding, construction data analytics, cloud-based construction software, building information modeling (BIM) integration