Constructable Analysis: $500K Raised
What is Constructable?
Constructable sells construction management software for commercial teams, with an emphasis on project coordination, field capture, and financial tracking. Its product combines AI search, drawing comparison tools, and document extraction features with core workflows for RFIs, submittals, takeoffs, daily logs, and punch lists. The company says it is backed by Y Combinator, Khosla Ventures, and Waybury Capital, and it shows customer logos from multiple construction firms.
Location
2451 Borton Drive, Santa Barbara, California, United States
Employees
1-10
Founded
2023
Revenue
$50M
Investors
- Y Combinator
- Waybury Capital
Product Features & Capabilities
- Drawings, Photos, AI Search, Daily Logs, Punch List, RFIs, Submittals, Financials
Pricing
- Field Management: starting at $10K/year
- Field and Project Management: starting at $25K/year
- Field, Project, and Financial Management: starting at $40K/year
How much Constructable raised
Pre-Seed - $500,000
September 6, 2023Lead Investor: Y Combinator
Who are the founders of Constructable
EN
Emma Nazim
CEO
JY
John Yoder
CTO
Market Focus
Constructable primarily focuses on the construction industry, specifically providing a construction management tool designed for commercial construction teams to enhance collaboration and streamline project management.
Competitors Overview
Constructable operates in the construction management software market, where it faces competition from several notable companies:
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Procore: A widely recognized platform that offers comprehensive project management tools, including budgeting, scheduling, and collaboration features. Procore is known for its user-friendly interface and extensive integrations with other software, making it a popular choice among construction teams.
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CMiC: This software focuses on financial management and project control, providing tools for project management, financials, and reporting. CMiC is particularly strong in enterprise resource planning (ERP) solutions tailored for large construction firms.
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Autodesk Construction Cloud: Known for its design and engineering capabilities, Autodesk also offers project management tools that integrate with its design software. This provides a seamless workflow for teams that require both design and management functionalities.
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Buildertrend: Aimed primarily at home builders and remodelers, Buildertrend offers features for project management, scheduling, and client communication. Its focus on customer engagement and ease of use makes it a strong competitor in the residential construction sector.
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Contractor Foreman: This software is designed for small to medium-sized contractors, offering a range of features at a competitive price point. Its simplicity and affordability make it attractive for smaller firms looking for effective project management solutions.
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JobTread: An end-to-end solution that emphasizes a budget-first approach, providing financial transparency throughout the project lifecycle. JobTread's focus on budgeting may offer advantages in financial management compared to other platforms.
Notable differences include Procore's extensive integrations and user-friendly design, CMiC's strong ERP capabilities, and JobTread's unique budget-first approach, which may provide clearer financial insights for users.
Business Model
Flat annual rates for unlimited users and projects ensure predictable revenue.
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