Buildots
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|
Revenues | 1.4m | 3.7m | 9.0m | 47.2m |
% growth | - | 174 % | 143 % | 424 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$3.3m | Seed | ||
$13.0m | Series A | ||
$30.0m | Series B | ||
* | $60.0m | Series C | |
* | $15.0m Valuation: $300m | Late VC | |
Total Funding | AUD187m |
Recent News about Buildots
EditBuildots is a technology startup that operates in the construction industry, providing a centralized platform that integrates all aspects of a construction project. The company's innovative solution offers real-time data and predictive analytics, enabling project managers to have a clear and accurate view of the status on the ground, rather than relying solely on reports. This increased visibility helps in effective resource allocation, priority setting, and overall project control.
Buildots' platform is designed to serve construction companies, project managers, and stakeholders who are looking for efficient and effective ways to manage their projects. The company operates in a market that is increasingly recognizing the value of digital solutions in enhancing productivity, reducing costs, and mitigating risks.
The business model of Buildots revolves around providing its platform as a service to its clients. The company generates revenue by charging its clients a subscription fee for using its platform. This fee is typically based on the size and complexity of the construction project.
Buildots' platform is not just about providing data, but also about offering predictive early warnings. This feature allows project managers to anticipate potential problems and address them proactively, thereby reducing the chances of project delays and cost overruns. The platform also promotes collaboration and transparency among team members, as everyone sees the same thing, ensuring nothing gets lost in translation or stuck in the weeds.
Keywords: Construction Technology, Project Management, Real-Time Data, Predictive Analytics, Resource Allocation, Digital Solutions, Subscription-Based Revenue, Early Warning System, Collaboration, Transparency.