Asset Manager

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BuildingConnected

BuildingConnected operates the largest construction network, connecting 1M+ professionals for bid management and risk mitigation.

BuildingConnected

BuildingConnected operates as the core preconstruction network for the US construction industry, linking general contractors, subcontractors, and owners on a single platform. The company's suite includes BuildingConnected Pro for bid management, TradeTapp for risk assessment, and Bid Board Pro for subcontractor collaboration. Its network spans over 1 million construction professionals. The platform serves all major players in the construction ecosystem. General contractors use it to find and qualify subcontractors; subcontractors gain discovery and bid opportunities; owners access the largest builder network. The company's tools centralize bid management, mitigate risk, and enable real-time collaboration — a structural shift from fragmented, manual preconstruction workflows. BuildingConnected generates revenue through software subscriptions and network transaction fees. Autodesk acquired BuildingConnected in December 2018 for $275 million (per TechCrunch, 2018), integrating the platform into its construction lifecycle suite. The acquisition expanded Autodesk's construction portfolio, which includes PlanGrid and BIM 360. Post-acquisition, BuildingConnected operates as a standalone product within Autodesk's construction business, headquartered in San Francisco. The firm's structural differentiator is its network effect: the platform's value grows as more contractors, subcontractors, and owners join, creating a self-reinforcing loop that is difficult for competitors to replicate. This network density, combined with integration into Autodesk's broader ecosystem, gives BuildingConnected a defensible position in preconstruction software.

General information

Firm type

Asset Manager

Year founded

AUM

Undisclosed

Location

Region

North America

Country

United States

City

San Francisco

Corporate office

San Francisco, CA, United States

Sector focus

Real EstateEnterprise SoftwareConstruction TechPropTech

Frequently asked questions

Who built BuildingConnected and what was their background?

BuildingConnected was founded by Dustin DeVan and Javed Ansari in 2012. DeVan previously worked in construction and identified inefficiencies in bid management; Ansari brought technical expertise. The duo bootstrapped the company initially before raising venture funding (per Crunchbase).

How does BuildingConnected generate revenue?

BuildingConnected generates revenue through software subscriptions for its three products: BuildingConnected Pro, TradeTapp, and Bid Board Pro. General contractors and owners pay for bid management and risk tools, while subcontractors use the free tier to discover and win bids. The company also monetizes its network through transaction fees on premium features.

Why did Autodesk acquire BuildingConnected?

Autodesk acquired BuildingConnected in 2018 for $275 million to strengthen its construction lifecycle suite. BuildingConnected's network of over 1 million construction professionals complements Autodesk's existing construction products, PlanGrid and BIM 360, creating an end-to-end platform from preconstruction to project delivery (per TechCrunch, 2018).

What is the competitive landscape for BuildingConnected?

BuildingConnected competes with other construction management platforms such as Procore, Oracle Aconex, and Trimble's Viewpoint. However, BuildingConnected's network effect — its 1 million+ users — creates a barrier to entry. Competitors offer similar bid management features but lack the same network density, making BuildingConnected the default platform for subcontractor discovery in the US.

Does BuildingConnected serve residential or only commercial construction?

BuildingConnected primarily serves the commercial construction sector, including general contractors, subcontractors, and owners involved in large-scale projects. The platform's tools are designed for complicated bid management and risk mitigation typical of commercial, industrial, and infrastructure projects rather than residential single-family homes.

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