Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Metaprop"


5 mentions found


Hegeman tells CNBC, "With painting, the labor shortage hits you right in the face. It was not so much a challenge to sell and book work, but it was always a challenge to do the work. Instead of selling or renting its robots out to construction crews, the startup offers an end-to-end service and maintains control of the entire painting process. PaintJet can use any commercially available paint in its machines, but also makes and sells its own line of paints. Hegeman said the company is also developing capabilities to handle more tasks in construction and maintenance with robotics including pressure washing, caulking and sanding.
Persons: Nick Hegeman, Steve Wasilowski, Sonia Chacko, Hegeman, PaintJet, Ryan Gembala, It's Organizations: Hegeman, CNBC, SRI, Foreman Technologies, Dynamo Ventures Locations: Hendersonville , Tennessee, Nashville, Virginia, Metaprop, New York, Chattanooga, San Francisco
Contractors are challenged in hiring skilled workers. Skillit, founded in 2021, offers a platform specifically for recruiting skilled labor. The company's CEO walked Insider through a pitch deck used to raise $5.1 million in seed funding. What's more, many skilled workers are getting ready to retire. The company's first product focuses on recruiting craft workers, or construction workers who hone their skills in trade schools and apprenticeships.
Construction relies on myriad contractors, making it hard for developers to fully follow projects. OnsiteIQ raised $10 million to bring AI vision on board so developers can see and record progress. The company's CEO walked Insider through the deck the firm used to raise the funds. According to Khosrowpour, that's why 72% of construction projects experience delays. Khosrowpour walked Insider through the pitch deck that helped the firm raise $10 million.
The property-management company Doorstead raised funds in a tough venture-capital market. The company's cofounders walked Insider through the pitch deck they used to raise $21.5 million. It was late 2021, and the founders of Doorstead, a tech-focused property-management company, were losing sleep. "One customer lost $20,000 in rent because their former property manager sold a promise that couldn't be fulfilled by the market," Waliany said. The combination of the rental guarantee and property-management services has helped the company attract property owners seeking passive income.
Founders fear the worst is yet to comeNaturally, proptech founders are worried. But proptech founders say they have additional concerns. Warburg Peters and other VCs who spoke with Insider encouraged founders to find partners beyond the investor offering the biggest check. Clelia Warburg Peters. Clelia Warburg Peters"In a funny way in 2021, they would just take the best check," Warburg Peters said of founders.
Total: 5