How to launch a construction-tech startup like Fieldwire - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Construction-tech startups are trying to disrupt a notoriously old-school industry. Here's how 2 founders went from gaming backgrounds to launching in the buzzy space.

a new slew of construction technology — or contech, for short — startups like Fieldwire have emerged that are aiming to make building cheaper, easier, and safer.

Fieldwire raised $33.5 million in funding last September led by Menlo Ventures and others, according to a press release. At the time, it had raised $40.4 million to date. "Running a game team inside a company is very similar to running a company," Frinault said, highlighting the challenge of recruiting the best internal talent and keeping a budget as some of the overlaps.

"We wanted to replicate tools that are available to us in gaming to the construction space," Frinault said. "We were putting a product together that we can deliver directly to them, and that they can work on immediately without any training," Singha said, explaining how the lack of technical literacy in construction made a simple user interface and design extremely important.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in AU

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Here are the 10 biggest startups acquisitions PE firms have made since 2017 - Business InsiderPrivate equity has become a big player in the startup market. Here are the 10 biggest startup acquisitions PE firms have made in the last 3 years.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Meet Habitas, the 3D-printing hotel startup backed by Travis Kalanick - Business InsiderThis luxury hotel group, backed by a 'brain trust' of investors including ex-Uber CEO Travis Kalanick, is using 3D-printing to build hotels in months rather than years
Source: BusinessInsider - 🏆 729. / 51 Read more »

SoftBank-backed software startup Improbable has a new chief financial officer - Business InsiderThe buzzy SoftBank-backed startup had lost three key executives in 2019, including its former CFO.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Business Insider credit card reviews: Updated for 2020 - Business InsiderAll of Business Insider's credit card reviews in one place. Read reviews of cards like the Chase Sapphire Preferred, the Delta Amex cards and more. He he he... Where is cryptocom Visa card? Up to 5% back on all card spendings + free Spotify + free Netflix + free Airport lounge + free App + $50 welcome bonus (if you stake 50MCO) Check if your email is entitled for welcome bonus
Source: BusinessInsider - 🏆 729. / 51 Read more »

10 things in tech you need to know today - Business InsiderThe head SoftBank's Vision Fund reportedly tried to sabotage execs, Microsoft won't meet its forecast, and a Microsoft engineer stole $10 million.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Karius explores new tech applications after $165 million funding round - Business InsiderKarius earned $165 million in funding, and plans to use to pursue commercial adoption of its current tests, and explore new applications for its tech.
Source: BusinessInsider - 🏆 729. / 51 Read more »