DigiBuild is revolutionizing the global construction industry. We are the first to build construction software powered by blockchain. Our tools help large companies like VCC Construction, improve the schedule and budget on projects and save millions annually.
Hi Product Hunt! I'm Robert Salvador, Cofounder & CEO of DigiBuild 😃
First, thank you to @mwseibel and @Ycombinator for hunting us.
Construction companies don't trust each other. Blockchain builds trust. Our software provides construction end-users with 10X more automation, transparency, and data insights than they currently have.
WHY DID WE MAKE THIS?
This industry is difficult. I grew up in construction and my dad owned a small company. As a SMB, I watched him struggle and get beat down for years.
Cofounder April Moss’ father was also in construction and owned a company. The punishing conditions eventually led to him taking his own life when April was only 8 years old.
This is personal. We won't stop until we create a happier, healthier construction industry
THE PROBLEM:
Construction is one of the largest and least digitized industries globally; productivity is similar to or below levels from 50 years ago!
☹ 70% of construction projects finish late or over budget
😲 Projects create 750,000 documents, overwhelming management teams.
😰 2nd highest suicide rate of all industries in the US
HOW DIGIBULD HELPS:
✔ Streamlines paperwork and workflows using automation
✔ Improves transparency/line of sight between companies; provides a single source of truth
✔ Removes fragmented data and captures data insights
🤑Our largest customer, a billion-dollar builder, is projected to save over $1M this year
HOW YOU CAN HELP:
Any feedback is welcomed! We're also open to talking to investors and customers (general contractors and commercial developers).
Please direct communications to: ops@digibuild.com
THANK YOU!
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"Bringing blockchain to construction," sounds like a great idea, but every great idea needs execution, doesn't it? Robert Salvador and his team are the real deal in delivering this product. I discovered them through their Reg CF raise through Republic, and have witnessed the team do their thing in action.
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Hmm, that's a very interesting project. And with it, you can calculate the creation of monolithic houses? Monolithic houses are a popular trend in the real estate market. This construction technology has both pluses and minuses. That they now dominate the real estate market is a fact. So I wonder how the creators of this project approached this problem. I know that if the concrete deteriorates, it can be repaired. I know of several companies that do this. Here is one of them https://www.almightyconstruction.... Does this project take into account possible problems in data processing?
Truly excited to be on Product Hunt!!
Thank you @mwseibel and @Ycombinator.
It’s a rare opportunity to be part of a great team applying revolutionary blockchain technology to improve a critical global industry like construction.
We all have roots in construction and trades. My father was an electrician. I remember helping run ‘live’ wires on Sundays as a kid. Crazy I know. Then, I started my first business at 19 as a residential and commercial painting contractor and over 5 years and with 20 employees I put myself through college.
One of the biggest questions I had to address when I joined DigiBuild, was creating an understanding between blockchain and cloud databases given we are the first company to build construction software powered by blockchain.
Only blockchain creates a single, verifiable set of information and documents so that all project stakeholders work from the same information. In an industry where dis-trust and disputes are common this is game-changing. We can reduce dispute expenses by 90%. Then there is automation of workflow and paperwork like lien waiver contracts which eliminates 70% of the paperwork and speeds up invoicing 4X faster!
That’s why we are building DigiBuild’s suite of products.
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Construction projects can be a real mess. It is true that most of the projects go beyond budget and timing. Hope that Digibuild will solve a huge problem.
I am absolutely thrilled with the opportunity to be a part of Product Hunt.
I wanted to thank @mwseibel and @Ycombinator.
Our team at DigiBuild is working hard to improve the construction industry and the lives it serves in a momentous way.
Construction is in some of my earliest and fondest memories. My father was a sub-contractor in Pennsylvania, and I remember visiting job sites as earlier as 5. Although my father loved the work, I also witnessed, firsthand, the mental health challenges construction can have on a person and a family caused by the inconsistent work schedules and payment disputes.
Fast forward, after a successful 21-year career with Procter & Gamble, I joined one of the largest sales and marketing companies in North America where I met and hired Rob Salvador. And yes, you would be correct in assuming it’s the same Rob Salvador who is the blockchain in construction guru leading DigiBuild (funny how that works). We worked directly with many top 33 Commercial Product Group companies. As part of the executive leadership, the majority of my time was focused on corporate retail strategy, acquisitions and integration, new business development teams and creating partnerships that included two large crowd sourcing companies.
One of the biggest challenges I faced, when Rob asked me to build out the organization and create strategic partnerships was learning an entirely new industry. With an incredible team with over $5 Billion in construction project experience, it’s been a smooth transition. What I am most excited about, when I consider my youth and my father’s struggles, is that DigiBuild offers the opportunity to create trust and reliability in an unreliable industry.
Only blockchain creates a single, verifiable set of information and documents so that all project stakeholders work from the same information. In an industry where dis-trust and disputes are the norm, and this is game-changing.
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Excited about this product. It's going to change the construction industry, bringing efficiency and transparency to all projects!
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