Staying ahead of the technology curve means strengthening your competitive advantage. That is why we give you data-driven innovation insights into the construction industry. This time, you get to discover 5 hand-picked artificial intelligence (AI) startups impacting construction companies.
Out of 153, the Global Startup Heat Map highlights 5 Top AI Startups impacting Construction Companies
The insights of this data-driven analysis are derived from the Big Data & Artificial Intelligence-powered StartUs Insights Discovery Platform, covering 2 093 000+ startups & scaleups globally. The platform gives you an exhaustive overview of emerging technologies & relevant startups within a specific field in just a few clicks.
The Global Startup Heat Map below reveals the distribution of the 153 exemplary startups & scaleups we analyzed for this research. Further, it highlights 5 AI startups that we hand-picked based on criteria such as founding year, location, funding raised, and more. You get to explore the solutions of these 5 startups & scaleups in this report. For insights on the other 148 AI solutions for construction, get in touch.
Togal.AI offers a Project Takeoff Estimation Software
Founding Year: 2019
Location: Miami, US
Partner for: Project Planning
US-based startup Togal.AI develops an AI-based construction takeoff software to provide insights into all stages of project management. The startup’s AI models fully automate the quantity takeoff process, reducing inefficiencies that are inherent in manual takeoff solutions. It also uses AIA measurement standards to automatically and accurately detect, label, and measure project spaces & objects in short durations.
Document Crunch provides Construction Documentation AI
Founding Year: 2019
Location: Atlanta, US
Partner for: Document Management
US-based startup Document Crunch builds an AI platform to manage construction documentation. It identifies critical provisions in construction contracts, insurance policies, plans, specifications, and many other documents. This enables construction project teams to better understand and manage project-related risks. The startup’s solution also allows project managers to overcome delays through automatic identification of provisions such as contract price, waivers, and insurance obligations, among others.
Hivemap enables Project Risk Management
Founding Year: 2018
Location: London, UK
Partner for: Construction Risk Management
Hivemap is a UK-based startup that provides an AI tool to gather construction project information. The tool gathers data irrespective of file type, storage, or location and builds a knowledge graph of the project stakeholders, locations, and operational activities. In today’s construction projects, there is an extensive amount of documentation and communication. Hivemap derives insights from all this data and enables supervisors to efficiently manage project lifecycles and maintain a single source of truth.
Constru facilitates Construction Site Assessment
Founding Year: 2017
Location: Tel Aviv, Israel
Partner for: Construction Modelling
Israeli startup Constru develops an AI solution for construction site assessment. It uses real-time computer vision to identify objects and contextual information, even from low-profile spherical images. The solution visualizes every wall within the building and fuses model information with additional data sources to examine discrepancies and anomalies. By providing insights into the construction process, it predicts the project timeline, risks, and obstacles. Moreover, it evaluates whether the site poses any threat to human health or the surrounding environment.
Notam offers Construction Site Mapping
Founding Year: 2017
Location: Boksburg, South Africa
Partner for: Drone-based Surveying
Notam is a South African startup that provides drone-based construction site mapping. The startup uses drones in combination with advanced AI and 3D mapping to perform faster surveys and efficient progress verification. It identifies, classifies, and tracks changes, incorporates a variety of spatial data sets for analysis, and ensures consistency in plans and designs. This allows project managers to measure, manage, and collaborate on construction projects in real-time.
Discover more Construction Startups
Construction startups such as the examples highlighted in this report focus on data-driven project management, robotic process automation, and risk analysis. While all of these technologies play a major role in advancing the construction industry, they only represent the tip of the iceberg. To explore more construction technologies, simply get in touch to let us look into your areas of interest. For a more general overview, you can download our free Construction Innovation Report to save your time and improve strategic decision-making.