What does it REALLY take to launch a successful construction tech startup?

KP Reddy, a global authority in AEC and founder of Shadow Ventures, pulls back the curtain and reveals the secrets behind startup success.

Join us for an eye-opening episode with Reddy – a VC, founder, CEO, advisor, investor, professor and author – to learn how to break into the industry. Listen to how he combines expertise in advanced technologies with critical, in-the-trenches experience.

• Discover his unique take on the future of venture capital driven by AI – and how it can transform the way startups are built and funded.
• Key takeaways:
• Founders must remain curious and validate their ideas before launching
• AI could significantly lower barriers to entry for software startups
• The construction tech space is ripe with opportunities for innovation
• Shadow Ventures is supporting early-stage companies with industry expertise and connections

And much more.

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Tune in now to learn from one of the most knowledgeable and experienced voices in the construction tech industry.

Stay ahead. Get all the news and insider exclusives delivered straight to your inbox.

Sign up for our newsletter The Bytes Line at: https://bricks-bytes.com

LinkedIn: https://www.linkedin.com/company/bricks-bytes/

X?Twitter: https://twitter.com/bricksbytespod

Youtube: https://www.youtube.com/channel/UCmNbunUTIIQDzbJgGJt9_Zg

Instagram: https://www.instagram.com/bricksbytes/

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This episode is brought to you by Shft—helping contractors like you leverage BIM to secure a leading position in the race towards construction’s digital future.

Visit: https://maketheshft.digital

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BuildVision is a procurement network for the $5T commercial construction market. We are transforming the commercial construction supply chain by bringing contractors, manufacturers, and project stakeholders onto a single software platform—revolutionizing how every component is sourced, purchased, and financed

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Timestamps:

00:16- KP's Construction Background

07:10 - Finding The Right Founders In Construction Tech

17:46 - KP's experience Writing 3 Books

21:27 - Advice for Founders Who Just Raised Money

27:59 - Portfolio Companies That KP Has Invested At

33:30 - Startups Building Tangible Things

38:58 - Process Followed In Backend by Shadow Ventures

48:09 - Corporate Venture Capitalists

56:55 - How VCs Identify Good Robotics Startups

01:10:21 - How Much Importance VCs Give To Profitability

01:17:22 - Outro

In this episode of BBBC, we had Vivin Hegde, GP and founding partner of Zacua Ventures, and we got to learn about Firmus, a groundbreaking software that's revolutionizing the way we approach design coordination and risk mitigation in construction projects... and many more!

Tune in to find out about:

✅ How Firmus's AI-driven platform detects and mitigates design issues early on

✅ The challenges of design coordination among stakeholders and how technology can help

✅ Pricing strategies for construction tech startups based on target audience and value

✅ Firmus's funding rounds and what they indicate about the company's growth

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Chapters

00:00 Introduction and Overview

02:20 Discussion of Firmus and its AI Design Review Platform

06:09 Focus on 2D Design and Clash Detection

09:38 Challenges of Coordination in the Design Process

13:19 Using Technology and Workflow to Improve Design Coordination

16:26 Similar Companies and Investment in Firmus

22:07 Funding Rounds and Market Trends

24:24 Conclusion

In this episode, we sit down with Parker Mundt, Vice President of Suffolk Technologies. His story is as unique as it is fascinating. Join us as we discover how Parker’s unique background is shaping the future of the construction industry with groundbreaking solutions – and empowering startups.

Listen as Parker shares insider insights on the most promising areas for technological disruption, the key factors driving the adoption of new solutions, and what it takes to build a successful construction tech startup.

Find out:

• The best Go-To-Market strategies on construction tech right now
• The critical role of seamless implementation and demonstrable ROI
• Emerging opportunities in design tech, supply chain, robotics, and more
• Strategies for founders to validate ideas, raise funds, and build investable companies

And much more.

-------------------------

Stay ahead. Get all the news and insider exclusives delivered straight to your inbox.

Sign up for our newsletter The Bytes Line at: https://bricks-bytes.com

LinkedIn: https://www.linkedin.com/company/bricks-bytes/

X/Twitter: https://twitter.com/bricksbytespod

Youtube: https://www.youtube.com/channel/UCmNbunUTIIQDzbJgGJt9_Zg

Instagram: https://www.instagram.com/bricksbytes/

—---------------------------

This episode is brought to you by Shft—helping contractors like you leverage BIM to secure a leading position in the race towards construction’s digital future.

Visit: https://maketheshft.digital

—----------------------------------

BuildVision is a procurement network for the $5T commercial construction market. We are transforming the commercial construction supply chain by bringing contractors, manufacturers, and project stakeholders onto a single software platform—revolutionizing how every component is sourced, purchased, and financed.

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Timestamps:

(00:00 - 02:32) - Intro to Parker & Our Sponsors

(02:32 - 07:13) - Parker's Journey

(07:14 - 18:19) - About Boost - Built World Accelerator Program

(18:20 - 32:41) - About Suffolk Tech

(32:42 - 39:57) - Capabilities of LLMs and AI

(39:58 - 42:17) - Unicorns Creation in Design Space

(42:18 - 47:07) - Growth Strategies for Construction Tech Startups

(47:08 - 54:36) - Strategy For Go-To-Market and Sales

(54:37 - 01:03:45) - How To Build Better Investable Startup

(01:03:45 - 01:04:47) - Outro