ICYMI: From $250K Labor Savings to €130M Exits + November Roundup

For our November monthly review, we reflected on an action-packed month of content creation and exciting future plans.

We talked about our successful launch of the AI in Construction Report and first steps into monetisation, highlights from our Boston trip interviewing startups at Suffolk's boost cohort and plans for New York and San Francisco tour in 2025, plus a potential India expansion.

We discussed Teleo, a startup retrofitting heavy machinery for remote operation and semi-autonomous functionality. We also explored the intriguing case of ServiceTitan's IPO plans, shedding light on the complex dynamics of venture capital and founder equity.

Additionally, we delved into the challenges and opportunities in automating construction equipment across various environments.

Nici Sundén-Cullberg, former CEO of Lendify and co-founder of Alrik, talks about his transition from investment banking to fintech, the challenges of scaling a lending platform, and his latest venture in construction tech.

Find out how Alrik is solving logistics nightmares for construction material distributors, the journey of growing Lendify to a €130 million exit and why Nici turned down a climate tech opportunity to start Alrik.

When it comes to understanding how mid-sized construction companies adopt technology, few people have the depth of insight that Ryan Rademann brings to the table. As a partner at Wipfli, a CPA and consulting firm, he has spent his career working with construction firms across the United States and beyond, focusing particularly on companies with revenues between $100 million and $500 million.

What makes Ryan’s perspective particularly valuable is his position at the intersection of finance, technology, and construction operations. 

He regularly works with CFOs and financial technology teams, but he's equally comfortable on job sites, thinking about how emerging technologies like robotics and AI might transform construction work. This dual perspective allows him to bridge the gap between the financial imperatives that drive technology decisions and the operational realities of implementing new systems.

Today we unpack Ryan’s extensive experience from working with a large number of mid-sized companies.

Learn key strategies for scaling construction technology companies from industry leaders. Real insights on hardware, manufacturing, and market expansion.

Discover how subscription-based robotics models are transforming industry, lowering barriers to adoption while maximising value through innovative software platforms.

Discover how AI construction risk management is transforming project planning. Real insights from nPlan's CEO on predicting and preventing costly delays.