ICYMI: BuildVision Raises $10M: "If You Lead with AI and You're Not an AI Solution, Just Stop"

Mike Powers and Ben Lyddane from BuildVision share their journey of raising a $10M Series A led by Norwest Ventures.

Find out how BuildVision grew from processing $700M to over $1B in equipment transactions, their three-tiered pricing model that aligns with customer success and how AI costs for processing documents dropped from thousands to just $1.40 monthly.

James Pellatt, founder of Digital Trees consultancy, shares insights from his extensive career in real estate and construction technology.

Find out why construction innovation is difficult and how bureaucracy, leadership gaps, and procurement approaches create barriers, the cultural differences between US and European construction tech adoption and James' vision for how generative AI could reduce project delivery times by 12-18 months.

Josh Levy from Document Crunch shares how they're helping construction companies navigate the recent tariff changes with China, Canada, and Mexico - completely free.

Learn about Document Crunch's growth to 100+ countries as a document compliance platform, the free Tariff Risk Assessment Tool that audits contracts for tariff-related risks and why cost isn't the only risk - supply chain disruptions will follow.

We discuss Augmenta's $10 million seed funding for their AI-powered design platform that aims to automate electrical designs for buildings.

Find out why minimum feature sets in building design software are exceptionally high, the challenge of creating "fully constructible" designs through automation and the reality that vectorial AI systems will always need human refinement.

Mitch Cornelius from Fortis Construction shares insights on innovation in construction for a $2.7B company.

Find out why Fortis focuses on employee experience over ROI when evaluating new tech, how they reduced tech fragmentation by moving from dozens of point solutions to a platform approach and their "80% rule" for technology adoption across project teams.

When we sat down with Mitch Cornelius, CTO of Fortis Construction, we expected to hear enthusiasm about the latest AI hitting the construction market. Instead, he offered a perspective that should make every construction tech CEO pause and reconsider their AI strategy.

"We've always kind of seen them as a little bit of a parlor trick," Mitch told me, comparing today's GPT implementations to a magician's opening act – flashy and attention-grabbing, but not the real magic.

This view from a technology leader at a $2.7 billion construction company should serve as both a warning and an opportunity for tech providers. While your AI-powered tool might demo well, contractors are already looking past the initial wow factor and asking a far more important question: "So what?"