Note : This episode is a re-release of an episode that was initially released at Groundbreakers.

"It turns out in construction and real estate, there's a lot of big problems. There's an abundance of them." - This candid observation from Built Technologies' CEO perfectly captures why construction tech is ripe for disruption.

In our latest conversation with Chase Gilbert, he reveals Built's journey from working with three community banks to becoming a construction tech unicorn that processes over $200 billion in annual construction spend. He breaks down the strategic decision to start with lenders and how it became their path to industry-wide transformation.

Tune in to discover:

✅ Why "following the money" upstream was the key to market penetration

✅ How they turned an 11-person process into a 2-person operation

✅ The strategy behind reducing loan processing from 5 days to same-day

✅ Why being "long-term greedy" is crucial for sustainable growth

Listen to the full episode on Spotify to hear Chase's complete breakdown of building a construction tech unicorn.

-------------

Chapters

00:00 Intro02:28 Building a Unicorn in Construction Tech05:04 Identifying and Solving Industry Problems06:40 The Genesis of Built Technologies18:16 Revenue Generation and Business Model26:56 The Importance of Following the Money30:52 Efficiency Metrics and Impact on Lenders38:05 The Landscape of Construction Loans40:42 Navigating the Banking Ecosystem44:19 Go-to-Market Strategy for Financial Institutions49:23 Value-Based Pricing Models50:06 Key Lessons in Scaling a Startup53:28 Building and Maintaining Company Culture59:37 Understanding Unicorn Valuation01:11:01 The IPO Journey and Long-Term Vision

"AI agents could eliminate 20% of time spent searching for information on construction projects"

In today's episode of Bricks & Bytes, we had Rajitha Chaparala, VP of Product Data and AI at Procore, share fascinating insights about the future of construction technology and AI implementation.

Tune in to discover:

✅ How AI agents are transforming daily construction workflows - from submittal reviews to schedule updates

✅ Why the construction industry is finally embracing AI after years of hesitation

✅ The three-pillar approach Procore is taking with AI: Co-pilot, Automation, and Insights

✅ How reality capture technology combined with AI is revolutionizing progress tracking

Want to learn more about how AI is reshaping construction? Listen to the full episode here:

Sign up to the #1 Newsletter In Construction Tech. Join over 1,000 like-minded Founders, Investors and Techies disrupting the way we build. Forever : https://bricks-bytes.beehiiv.com/subscribe

LinkedIn: https://www.linkedin.com/company/bricks-bytes/

X/Twitter: https://twitter.com/bricksbytespod

Youtube: https://www.youtube.com/channel/UCmNbunUTIIQDzbJgGJt9_Zg

Instagram: https://www.instagram.com/bricksbytes/

—---------------------------

Listen here:

https://promocards.byspotify.com/api/share/06eaf3ba-0771-40ca-8483-b8c305ebd794

—-----------------------------------------------------------

This episode is brought to you by Shft—helping contractors like you leverage BIM to secure a leading position in the race towards construction’s digital future.

Visit: https://maketheshft.digital

—----------------------------------

BuildVision is a procurement network for the $5T commercial construction market. We are transforming the commercial construction supply chain by bringing contractors, manufacturers, and project stakeholders onto a single software platform—revolutionizing how every component is sourced, purchased, and financed.

This episode is brought to you by Shft—the BIM partner you need to fill the gap in your digital skills and tackle your BIM needs, end-to-end.

Visit: https://maketheshft.digital

—------------------------------

#podcast #construction #constructionindustry #bricksandbytes #startups #architecture #design #civilengineering #engineering #constructiontechnology #engineer #architect #civilengineer #concrete #podcaster #podcasting #entrepreneur #podcasts #podcastlife #startups #entrepreneurship

Note: This is a re-release of an episode that was originally published at Groundbreakers.

"I sued the bar association because they tried to restrict blogging. Content was just the way I saw the world." - This mindset led to a $500M exit.

In today's episode of Groundbreakers from Bricks and Bytes, we had Scott Wolfe, founder of Levelset, share the remarkable journey of building and selling his construction payment software company to Procore. From a law practice dealing with post-Katrina restoration work to pioneering construction tech - Scott's story is filled with invaluable insights.

Tune in to discover:

✅ How helping contractors with payment problems evolved into a $500M exit

✅ Why Scott took the lowest valuation term sheet and spent 16-36 months building relationships with investors before taking their money

✅ The power of "Help First" in content marketing - how Levelset generated thousands of leads by focusing on solving problems

✅ Why Scott believes companies aren't sold, they're bought - and what that means for founders planning exits

Listen to the full episode on Spotify to learn how Scott turned construction payment headaches into a category-defining company that changed an industry.