"250 Billion Wasted Annually!" - Procurement Inefficiency & BuildVision's Tech Solution from $10M-Backed Founders
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"250 Billion Wasted Annually!" - Procurement Inefficiency & BuildVision's Tech Solution from $10M-Backed Founders
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"We make money when our customers make money"
In today's episode of Bricks & Bytes, we had Mike Powers and Ben Lyddane from BuildVision who shared their journey of raising a $10M Series A led by Norwest Ventures.
Their platform helps contractors procure mechanical and electrical equipment more efficiently, saving 20-30% on costs while creating new revenue streams for general contractors.
Tune in to find out about:
✅ How BuildVision grew from processing $700M to over $1B in equipment transactions
✅ Their three-tiered pricing model that aligns with customer success
✅ How AI costs for processing documents dropped from thousands to just $1.40 monthly
✅ Why focusing on critical path items like chillers and generators (not commodity products) creates maximum value