We sit down with you and build your perfect lead list. Book a call with founders.

Ediphi Analysis: $12M Raised

What is Ediphi?

Ediphi is a cloud-based platform designed for preconstruction estimating, enabling users to leverage historical data for accurate cost modeling and efficient project management. The platform integrates workflows and real-time data insights to enhance collaboration among teams. It is utilized by major contractors to streamline their estimating processes and improve project outcomes.
Employees
1-10
Founded
2023
Industry
SaaS, Construction
Valuation
$1.7M
Latest Funding Amount
$12,000,000
Latest Funding Round Size
$12.0M

Product Features & Capabilities

  • Cost Modeling
  • Estimating
  • General Conditions and Requirements
  • Contracting
  • Last Mile
  • Unit Price Catalog

How much Ediphi raised

Funding Round - $12.0M

Recent

Other Considerations

DPR Construction selected Ediphi as their global estimating platform; Significant customer growth and funding in recent years; Recognized for product innovations in the construction tech space

Homepage Pricing

Ediphi's pricing structure is $3,600 per user, per year, with no free tier available. The pricing is presented transparently, and while there are no free versions mentioned, the platform offers a personalized pricing breakdown tailored to specific needs. This indicates a focus on providing value for money, as reflected in positive user perceptions.

Gtm Strategy

Ediphi employs a hybrid go-to-market (GTM) strategy that incorporates elements of both product-led growth (PLG) and sales-led approaches.

Upon analyzing Ediphi's website, several key aspects of their GTM strategy emerged. The homepage prominently features a "Get a Demo" button, indicating a willingness to engage potential customers through direct interaction, which is characteristic of a sales-led approach. However, there is also a focus on self-service access, as the platform is designed for users to leverage historical data for estimating without extensive onboarding, suggesting a PLG element.

The pricing structure is not explicitly detailed on the website, which may imply that potential customers need to contact sales for more information. This aligns with a sales-led strategy, particularly if the pricing is tailored for larger enterprises rather than small teams. However, the absence of a clear freemium model or transparent pricing could indicate a more traditional sales approach.

Customer testimonials on the site highlight improvements in estimating speed and accuracy, suggesting that users can experience value quickly, a hallmark of PLG. Additionally, the presence of educational resources, such as a blog with articles on best practices, supports self-service learning, further indicating a PLG strategy.

Overall, Ediphi's approach reflects a combination of both strategies, optimizing for user engagement through demos and educational content while also providing a platform that allows for independent use and rapid adoption.

Reported Clients

  1. DPR Construction - Ediphi serves as their global estimating and preconstruction platform. After a year-long pilot program, DPR Construction has integrated Ediphi's estimating tools, which include features like Integrated Area Sheets and Estimate Schedule of Values.
  2. Stevens Construction - The case study highlights that Stevens Construction improved their estimating process significantly by adopting Ediphi's web-based platform. They managed to cut their estimating time in half and enhance the quality of their conceptual estimates, enabling them to produce quicker, high-quality proposals. The Director of Preconstruction, Nick Burkel, emphasized that this efficiency can be the deciding factor in winning projects.

Tech Stack

  1. Programming Languages
    • - **Node.js**: Used for backend development.
    • **TypeScript**: Employed for both backend and frontend development.
  2. Frameworks and Libraries
    • - **React**: A key framework for frontend development, indicating a focus on building dynamic user interfaces.
    • **Redux**: Mentioned as beneficial for managing application state in frontend applications.
    • **Tanstack Query**: Noted as a nice-to-have for data fetching and state management in React applications.
  3. Databases
    • - **Postgres**: Identified as the primary database technology, suggesting a relational database approach for data management.
  4. Infrastructure and DevOps
    • - **AWS**: Mentioned as a nice-to-have backend technology, indicating the use of cloud services for hosting and infrastructure.
  5. Sales and Marketing Tools
    • - **Hubspot**: Used for customer relationship management and marketing automation.
    • **Google Docs**: Utilized for documentation and collaboration.
    • **Slack**: Employed for team communication.
    • **Jira**: Used for project management and issue tracking.
    • **Notion**: Mentioned for documentation and project management.

Find more companies like Ediphi

US Series A startups

Financial Overview

$12MTotal Raised
Funding Round$12.0M
Recent
Want to research more data points on Ediphi?
Start with Extruct