DigiBuild is a construction management and data insights software that utilizes blockchain technology to offer unprecedented results to the construction industry. Blockchain allows for increased efficiency and lower risk across multiple construction processes including Supply Chain, Payments, and Productivity. (Y Combinator S21')
Founding Year: 2018
Investment Year: 2021 (Pre Seed)
HQ Location: New Lenox, Illinois 🇺🇸
Co-Investors: Y Combinator
DigiBuild Raises $4M Seed Round to Fix Construction Supply Chains
Construction is one of the largest and oldest markets in the world. Projects involve many stakeholders that bare significant cost and risk. McKinsey estimates that the average construction project is 80% over budget and 20 months behind schedule. The number one reason for that failure is supply chain and material management issues.