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 construction procurement solutions.
Out of 231, the Global Startup Heat Map highlights 5 Top Construction Procurement Solutions
The insights of this data-driven analysis are derived from the Big Data & Artificial Intelligence (AI)-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 231 exemplary startups & scaleups we analyzed for this research. Further, it highlights 5 construction 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 226 construction procurement solutions, get in touch.
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Fixtender advances Construction Tender Automation
Founding Year: 2019
Location: Riga, Latvia
Partner for Material Procurement
Latvia-based startup Fixtender develops software to automate the process of creating and managing tenders for construction procurement. The software lets users import projects from excel spreadsheets, prepare the data in a short timeframe, and then send out invitations to contractors. Moreover, users are able to compare multiple bids from each contractor, communicate with them, and edit the tender conditions. Through the automation of the procurement process, the solution removes the current time-consuming method of sending hundreds of tender emails each day and the manual comparison of dozens of separate spreadsheets of data.
Dryomix enables Construction Equipment Procurement
Founding Year: 2019
Location: Nagpur, India
Collaborates for a Procurement Ecosystem
Indian startup Dryomix provides a platform for construction equipment procurement that connects manufacturers, distributors, and all other ecosystem partners. The startup’s platform offers a one-stop solution for construction projects by providing them with a platform for purchasing products, renting equipment, and searching for nearby property available for sale. Its platform solution reduces the difficulty in the current procurement process due to the unorganized nature of the procurement ecosystem and the lack of communication and visibility between different partners and vendors.
Lucify offers a Buyer-Supplier Interaction Platform
Founding Year: 2019
Location: Bogota, Colombia
Partner for Construction Purchasing
Colombian startup Licify provides a construction buyer-supplier interaction platform. It digitizes and simplifies the quote, purchase, and qualification process for builders, developers, and contractors. The platform increases the visibility between buyers and suppliers of construction materials, improving the exchange of value in the ecosystem allowing symmetry, efficiency, and transparency in the flow of information. Through the startup’s platform, the time required for the procurement process is greatly reduced by connecting suppliers and builders and increases the efficiency of construction purchasing teams.
QuoteToMe provides Purchase Order Management
Founding Year: 2016
Location: Winnipeg, Canada
Use this solution for Procurement Automation
Canadian startup QuoteToMe develops procurement automation software for construction contractors. The mobile application allows construction teams to quickly submit order requests from their mobile phones as and when the need arises. In addition to this, the app lets users review quotes in a standardized format and sync purchasing data among all relevant teams. The startup’s solution removes the tedious data entry procedures in construction order management, reducing the amount of paperwork and improving revenues.
ProcurePro builds a Procurement Tracking Platform
Founding Year: 2019
Location: Brisbane, Australia
Reach out for Construction Management Communication
Australian startup ProcurePro specializes in the development of a real-time procurement tracking platform. The startup’s solution, ProcurePro, provides real-time visibility across projects, centralized work libraries, subcontractor comparisons, and other features. Moreover, the platform also provides a live-trade service that tracks the procurement process and gives visibility of this to senior management across all projects. This solution reduces the burden of tracking items between its purchase and receipt while also providing clarity into the stages of procurement to all senior project managers.
Discover more Construction Startups
Construction startups such as the examples highlighted in this report focus on construction supply chain, decarbonization, and sustainable construction materials. While all of these technologies play a major role in advancing the construction industry, they only represent the tip of the iceberg. To explore construction technologies in more detail, simply let us look into your areas of interest. For a more general overview, download our free Construction Innovation Report to save your time and improve strategic decision-making.
