USBuild.com
closedUSBuildcom, a company creating a supply chain for production homebuilding.
| Date | Investors | Amount | Round |
|---|---|---|---|
$12.4m | Late VC | ||
| Total Funding | 000k | ||
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USBuild.com operated as a business-to-business (B2B) enterprise software company, focusing on creating a streamlined supply chain for the production homebuilding industry. Founded in 1998 and based in San Francisco, the company aimed to revolutionize procurement, distribution, and logistics for large-scale home builders through an internet-driven platform.
The core of USBuild.com's business model was to act as an intermediary, aggregating orders from multiple builders to purchase materials in bulk directly from manufacturers, thereby securing reduced prices. The company partnered with Penske Logistics to manage the distribution, breaking down bulk shipments at local fulfillment centers into specific 'trade packs'. These packs were then delivered to construction sites on a just-in-time basis, precisely when needed by trade contractors such as plumbers and electricians. This 'e-chain' was designed to create an efficient pipeline of information, financial transactions, and product flows, benefiting builders, manufacturers, and contractors by reducing inefficiencies in the traditional supply chain.
The company's platform functioned as a Software as a Service (SaaS) solution for its clients. In practice, USBuild.com would handle the direct purchasing of products based on orders from a builder. For instance, in a program with Pulte Homes, USBuild.com procured plumbing and electrical products from national manufacturers, which were then delivered by Penske trucks to the building sites as required by the contractors. The company had plans to expand its services to include other major builders like Lennar/U.S. Home, Centex, and David Weekley Homes, and to broaden the range of product categories and trade contractors it served. The company's operations were reportedly closed as of July 2000.
Keywords: homebuilding supply chain, construction logistics, B2B procurement platform, production homebuilding, construction materials procurement, e-procurement, building materials distribution, construction technology, supply chain management software, just-in-time delivery, construction SaaS, builder supply solutions, Penske Logistics partnership, residential construction, materials aggregation, trade contractor supply, construction cost reduction, procurement automation, building industry e-commerce, construction project management