SAN FRANCISCO--(BUSINESS WIRE)--BuildingConnected, the leading preconstruction platform used by over 2,500 general contractors and real estate owners to hire qualified subcontractors, today announced the launch of Bid Board Pro, the first all-in-one online preconstruction management tool for subcontractors.
Over 700,000 subcontractors use the BuildingConnected network to connect on over $4 billion in new jobs per day. During the beta period, subcontractors that fully implemented Bid Board Pro increased their win rates by up to 25 percent and reduced the amount of manual entry by 80 percent, saving estimators an average of eight hours per week.
Before Bid Board Pro, subcontractors relied on inefficient manual processes like email, Excel, and whiteboards to manage their preconstruction process. Now with Bid Board Pro, subcontractors can manage their entire preconstruction process on the largest construction network in the world.
“In the past, preconstruction processes were inefficient, time-consuming, and led to costly errors. Contractors wasted countless hours on manual entry. We are excited to provide the industry’s first all-in-one solution to streamline and automate the bidding process and connect this fragmented industry,” said Dustin DeVan, CEO and co-founder of BuildingConnected.
Bid Board Pro’s easy-to-use interface enables contractors to bid smarter and improve the bidding process by increasing visibility, automation, efficiency, and security. Key features of Bid Board Pro include centralizing all bid invites without manual data entry, discovering new general contractors, automated calendar integration, and straightforward easy-to-read analytics and reporting.
The launch of Bid Board Pro comes just months after BuildingConnected received $15 million in funding from Brookfield Ventures, Brookfield Asset Management’s venture fund, and the acquisition of TradeTapp, the most advanced subcontractor risk analysis tool on the market.
To learn more about Bid Board Pro and request a demo, visit www.buildingconnected.com.
BuildingConnected is the leading preconstruction platform enabling real estate owners and general contractors to hire qualified contractors for their projects. BuildingConnected’s mission is to connect every business in the $10 trillion construction industry and to strengthen the lives, jobs, and relationships of millions of hardworking construction professionals worldwide. BuildingConnected’s platform is used and loved by over 2,500 general contractors and owners, and more than $100 billion in new construction is enabled through the BuildingConnected platform every month. From the new Golden State Warriors stadium to local schools and hospitals, BuildingConnected’s tools are helping cities grow and bringing communities together. Founded in 2012, BuildingConnected has since raised $53 million from top-tier investors including Lightspeed, Crosslink, Homebrew, Brick & Mortar, Bee Partners, Freestyle, and Brookfield Ventures.