Thanks to everyone who joined Rod Lacy, PE at Builtworlds Venture East yesterday! We are proud to have built a company that reached market traction early and continues on a pathway of hyper growth. We are a #startup, but that’s never stopped us from real commercial traction, and it’s not slowing down now! We look forward to continuing to make the #builtworld more sustainable, more efficient and more resilient with accurate underground mapping.
At every BuiltWorlds event, I'm wowed by the insightful conversations being had and yesterday was no exception. I'm so proud to have shared the stage with Nils Wagner of REHAU, Rod Lacy, PE of Exodigo and Omar S. of Blackhorn Ventures, with Sofie Richardson moderating our panel discussion about the evolving landscape of early-stage built-world investing. We covered everything from #AI's impact on valuations and investment interest to global #realestate challenges to #workforcedevelopment in the construction industry. Overall, the session underscored the importance of practical solutions and technology adoption in driving efficiency and sustainability within the built environment. Here were three of my favorite #constructiontech takeaways: 1️⃣ While building with a platform or robust suite of products in mind is important, startups often need to lead with a point solution that can deliver high ROI quickly to gain traction. 2️⃣ Low graduation rates from seed to Series A funding may be healthy, forcing companies to demonstrate value earlier and avoid developing solutions that aren't market-fit. 3️⃣ Tight markets and lack of liquidity are impacting #venturecapital across all sectors, a trend that may continue into late 2025.