Builders Patch reposted this
Despite being a $12T industry, construction remains one of the world’s least digitized sectors. The opportunity is huge. Earlier this year, we invested in Builders Patch, an AI-powered platform transforming multi-family housing finance by simplifying processes, centralizing data, and reducing administrative burdens. While financing is one piece of the puzzle, we believe procurement is the next frontier for technological disruption. There’s massive potential to streamline operations, reduce costs, increase margins, and improve project outcomes. There’s a wave of interesting startups shaping the future of construction: Source, YardLink, Field Materials, Built , Material Bank®, Bidblox, Bundle, Buildstock, and LendTech. If you’re building something groundbreaking in construction tech—especially in procurement or housing affordability—we want to hear from you. Drop a comment or send me a DM! You can read our full take on what’s next for construction tech in the comments.