Despite a broader tech downturn, the construction tech space saw $1.3B in investment from venture capital and private equity investors in H1’22, a 44% increase from the activity witnessed in H2’21. While Q3’21 numbers have yet to be published, the figures point to continued high-level demand for digital solutions across the construction industry. On a […]
Why we invested – Join According to a recent survey by the American Institute of Architects, 71% of architects and general contractors surveyed strongly agree that early collaboration between the two parties during the construction project lifecycle led to a better outcome for clients. Despite this alignment, of contractors surveyed, nearly 50% expressed dissatisfaction with […]
The construction industry carries an enormous responsibility to deliver products that effectively serve as the backbone of functioning, sustainable societies. This industry and its output are essential by every measure. And regardless of the times, construction pros are tasked with delivering more, faster, better and cheaper – while ensuring and improving worker safety and compliance […]
Why we invested – ICON It is not controversial to state that construction productivity over the last 75 years has increased slowly, at best. That almost every other major industry has seen material productivity gains over this same period. That our industries are suffering from a global skilled labor crisis. That there is a global […]