$5.5M Raised to Help Contractors with Construction Site Management

Jan 21, 2025

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Welcome to The SaaS CFO Podcast! In today's episode, our host Ben Murray is thrilled to welcome Matt Perrott, the co-founder and CEO of BuildPass. Matt shares his journey from being a software engineer to leading a company that offers an AI-powered operating system for construction sites. We'll delve into the unique features of BuildPass, including its applications in both commercial and residential projects, and its impressive growth trajectory.

Matt gives us an inside look at BuildPass's expansion strategies, highlighting their upcoming launch in the U.S., and how they're adapting to different regulatory environments. He also shares candid insights about their successful fundraising efforts, the repeatable sales motions they've established, and the challenges of expanding into new markets.

Join us as Matt discusses the importance of capital efficiency, AI development, and their ambitious plans for future growth. Whether you're a SaaS enthusiast or a construction technology buff, this episode is packed with valuable insights and lessons learned from Matt's journey. Tune in now to hear more about BuildPass and its innovative contributions to the construction industry!

Show Notes:

00:00 Consumer-Centric Construction Software

05:56 Revenue Growth and Profit Margins

07:56 Sales-Driven Strategy with Strong Marketing

09:49 Personalized Sales Calls Strategy

15:14 Strategic Fundraising and Networking Insights

15:58 Investor Caution and Market Dynamics

19:13 Strategic US Market Entry Plan

22:19 "Casual Chat with Ben"

Links:

SaaS Fundraising Stories: https://www.thesaasnews.com/news/buildpass-raises-7-5-million-in-seed-round

Matt Perrott’s LinkedIn: https://www.linkedin.com/in/perrott/