TECHNOLOGY
Buildots
“ When it comes to digital transformation , construction has been a sleeping giant , and Covid-19 served as an accelerator for the industry ”
ROY DANON CO-FOUNDER AND CEO , BUILDOTS
" Construction is a massive market with real GDP impact , but it is still underserved by technology . We believe Buildots is the company that will change that reality ," said Tal Morgenstern , Partner at Lightspeed Venture Partners .
" They have created a truly unique technology , productised in a way that generates measurable ROI while still being simple enough for end-users to navigate seamlessly . The rapid adoption Buildots has seen to date is driven exclusively by word of mouth . Following that success , this financing round will support an aggressive growth plan going forward ".
Buildots took on a mission that seemed impossible ; to change the construction industry with AI , said Shahar Tzafrir , Managing Partner at TLV Partners .
“ The construction industry is known for its low-profit margins and unfortunate delays . Buildots is changing that . Buildots ’ success is demonstrated through its rapid growth with the world ' s largest and most sophisticated construction companies . Their clients have achieved a significant increase in their profit
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