More than $300B+ of building materials are sold annually to contractors through a complex workflow that involves requests for quotes, trade financing and liens. Leading modern tools like Square and Toast are not designed to accommodate the specific needs of this market.
As a result, suppliers are still relying on outdated software that is 10 to 30+ years old cobbled together with manual paperwork.
We believe that suppliers are a critical component of the construction value chain and deserve better technology. We want to use our combined experiences in construction tech and payments to build the first vertical finance product for building material suppliers.