The Society for Construction Solutions (SCS)

There's a new wave of ConTech startups directly competing with incumbents. Instead of selling their solutions to the industry, they are vertically integrating to become tech enabled contractors. Over 10 years ago, a VC famously proclaimed ‘Software is eating the world.’ They argued technology driven businesses will disrupt industries pointing to Facebook and Netflix as examples. While these companies have changed the way we live, they have yet to disrupt industries like Construction or Real Estate. The truth is the physical world needs physical solutions. Take Ento, for example. They were a workforce management solution for blue collar businesses assisting with scheduling and tracking labor. It created ~8-15% efficiency gains for subcontractors which was great… Except that theoretically the software should have produced over 50% gains. So what happened to the ~35%? They realized that selling solutions doesn’t guarantee contractors will fully adopt them. For founders who care about improving construction, it’s a frustrating realization. And now they’re asking, what if we were the contractor? Last Week in ConTech, Treehouse raised $16.6m in Series A funding. They call themselves the ‘Electrical contractor for the 21st century’ where Trades and Software live under one roof. Their software enabled installation platform for electrification projects (think EV charging or home electrification) gives them an efficiency moat. It allows users to quickly receive pricing estimates, perform load calculations and generate plans for permit filings. And their electricians use it to provide real-time updates during installation. A service incumbents don’t offer. It’s not the first time I’ve seen the model. Back in 2022, Roofer.com which uses drones and AI to undertake roofing inspections acquired a roofing contractor to vertically integrate. If I were an incumbent I’d be nervous. The competitive threat has never been from peers or smaller contractors. It’s from new entrants to the market, deeply embedding technology out-competing on price and efficiency. —--- Follow me and Last Week in ConTech to stay up to date with the latest construction tech news, policy changes and startup funding trends. Ento example from Vertical Integrators by Packy McCormick

FBR co-founder and CTO, Mark Pivac, delivered the keynote address at the Construction Innovation Competition hosted by Texas A&M University and the Society for Construction Solutions on September 12, 2024, at Cavalry Court in College Station, Texas. Mark captivated the audience with insights into FBR’s groundbreaking automated bricklaying technology, highlighting its benefits in speed, accuracy, safety, and waste reduction. He also shared the news about our demonstration program in the United States! This event brought together innovative start-ups and entrepreneurs from the architecture-engineering-construction (AEC) industry, showcasing the future of construction technology. We are proud to be part of this inspiring community and to contribute to the advancement of the industry. ?? ?? Check out the event highlights here: https://lnkd.in/gNtcNzaX #FBR #Innovation #ConstructionTech #AutomatedBricklaying #TexasAM #ConstructionInnovationCompetition #KeynoteSpeaker #MarkPivac #FutureOfConstruction

Big thanks to Texas A&M University, Stephen Mulva, Patrick Suermann, and Pete ONeill! I'm looking forward to more great events in College Station, TX! We truly appreciate the coverage, Jeffrey Rubenstone! https://lnkd.in/gWs27h2f

We are excited to make some significant announcements for our decennial anniversary! 1. Our mission is now to support construction entrepreneurs commercializing emerging technology and construction intrapreneurs employing new solutions. 2. We have partnered with Texas A&M University to produce innovation competitions with intrapreneurs as judges and entrepreneurs as competitors. Additional resources for intrapreneurs are in the works! https://lnkd.in/ganicVJE

Excited to launch our first Innovation Challenge today with Brick & Mortar Ventures and the The Society for Construction Solutions (SCS) in partnership with Texas A&M Innovation and the Texas A&M College of Architecture https://lnkd.in/gwwsqW69

Thanks to Val Tzvetkov, Dareen Salama, Phil Epifano, Zachary A., and Victoria Smith for leading the SCS-NYC Community! We are excited to support Contech Alliance and your mission! Also, thanks to Mike L. Pettinella and Danielle Dy Buncio for starting the New York Society for Construction Solutions (NYSCS.org) back in November 2015!! SCS has changed its primary mission in 2021 from "support construction entrepreneurs" to "support construction professionals." We have found that an interdisciplinary group that meets via video call and in person three times a year was the most effective model, and we call it EXOG.org (scscatalyst.org/exog). Anyone at Contech Alliance is welcome -- especially Manhattan professionals working in the construction and financing of energy infrastructure as your peers are contributing to Lunar master planning!

Seattle Construction Professionals! We have our SCS-Society for Construction Solutions chapter meeting this week! THURSDAY JULY 18TH BELLEVUE'S -CASCADIA PIZZA CO. Peter Wolff and Hill Pierce are presenting their company LEMOS Please RSVP and Register:

Excited to have organized and moderated this event! Big thanks to Helen Chen for helping us make it happen. Follow The Society for Construction Solutions - NYC for updates on future events, and feel free to reach out if you're interested in joining a panel or exploring a partnership opportunity.

?? Hi Everyone, we are excited to invite you to our next meeting of the?SCS?Boston Chapter?this Tuesday, May 7, 2024 ??. VENUE: This meeting will be held at Suffolk Technologies,?Design and Technology Building 100 Magazine Street, Roxbury, MA 02119. This event is limited to 50 people - RSVP as soon as possible ??: https://lnkd.in/exnf9bBF Our May?guest speakers are: Nicholas Selz, Co-Founder, Kaya AI Michael Navarro,?Co-Founder & Chief Technology Officer, Ediphi Nicholas & Michael will be speaking about ???Leveraging the latest in AI technology & behavioral science to quantify and reduce supply chain risk ??. The construction supply chain's complexity has surged in recent years, further spotlighted by recent extreme weather events, geopolitical unrest, escalating transportation costs, and an unprecedented surge in construction demand. These factors have dramatically increased lead times—by 600% for some materials like roofing insulation and drywall, and 200% for HVAC equipment and wood doors. Material delays, a direct consequence of these supply chain bottlenecks, have become a leading cause of project delays, imposing millions in additional costs and lost revenue on projects. In this session learn more about how teams are leveraging the latest in AI technology and behavioral science to quantify and reduce supply chain risk on their projects using easy to understand and adopt solutions like text messages. ? Agenda:? 5:30 pm - 6:00?pm??Welcome, Networking & Light Appetizers 6:00?pm - 7:30?pm?Presentation?& Q&A 7:30 pm - 9:00 pm?Networking & Light Dinner Your SCS Boston team Allison Scott, MBA + Johannes Paefgen + Parker Mundt

Join us for an enriching evening of networking hosted by The Society for Construction Solutions (SCS) Austin Chapter, taking place on Tuesday, April 16th, from 5 to 7 PM at the scenic Hossley Lighting & Power Solutions office, nestled above the YETI store on 220 S. Congress. We're thrilled to welcome Alice Leung from Brick & Mortar Ventures, along with an exciting presentation by Alex Q. Huang on his groundbreaking startup: Quantum Inverter, spearheading a more sustainable energy transition. Learn more about their innovative endeavors in the upcoming future at https://lnkd.in/gWmvh6aw. Indulge in Home Slice Pizza and refreshing beverages as you connect with fellow technology enthusiasts who share your passion. Join us for an evening of insightful conversations and promising connections. #constructiontechnology #innovation #sustainableenergy