The list of the leading construction tech startups in the world is live. For the second year in a row, award-winning software, Togal.AI, is incredibly honored to make the cut.
The 2022 BuiltWorlds’ Pre-Construction 50 List showcases top and emerging solutions leveraged by some of the world's largest contractors, engineers, and specialty contractors.
BuiltWorlds On Developing the 2022 BuiltWorld’s Pre-Construction 50 List
Several factors are considered when selecting the companies for the list, including direct feedback from the industry, and case studies.
It also evaluated the results of the 2021-2022 Benchmarking Survey data which sought information on solutions being leveraged in the following areas:
- Value Engineering
- BID Management and Prequalification
- Life Cycle Costing
- Project Modeling and Simulation for Construction Project Delivery
The resulting BuiltWorlds’ Pre-Construction 50 list highlighted the leading emerging solutions offering cutting-edge preconstruction technology which included Togal.AI.
BuiltWorlds began with a small group of people focused on uncovering the most impactful ways emerging technology might transform the way we build.
It has become an international community and member network at the intersection of the built industry and technology. As the leading research-driven network and community, it aims to propel the construction industry forward.
Togal.AI Is Honored to Make the Cut for the Second Year in a Row
“We are thrilled to make BuiltWorlds’ Pre-Construction 50 List,” Togal.AI Founder and CEO, Patrick Murphy reported.
He also added, “Togal.AI is making a huge impact by speeding up the building process, and getting this international recognition is truly an honor.”
With machine learning, Togal.AI automatically calculates the square footage of plans, labels walls and rooms, and updates construction blueprints. Large projects can be hundreds of pages long, but Togal streamlines weeks of work into seconds.
This AI estimating software is receiving accolades from industry leaders in construction, who report that it streamlines efficiency and allows teams to focus on value engineering.
Togal.AI is also gaining recognition from Shark Tank’s Kevin O’Leary. In Miami Beach’s 2022 eMerge Americas Startup Competition, Kevin O’ Leary was a deciding factor in giving Togal.AI the first-place prize. After competing against thousands of startups worldwide, Togal was awarded the $420,000 investment from Algorand, Florida Funders, and Panoramic Ventures.
“Having Shark Tank’s Kevin O’Leary back Togal.AI was a big moment for our team. The construction tech industry is growing rapidly and getting recognition from top entrepreneurs and BuiltWorlds alike is beyond encouraging,” Murphy commented.
Thank You So Much For All Your Support
Togal.AI is incredibly honored to be included in BuiltWorld’s Pre-Construction 50 List for 2022. We are beyond excited to continue to speed up the preconstruction process and make a huge impact in the construction industry.
Redefining the way contractors do the preconstruction process and transforming the way we build takes tremendous planning and effort. But most importantly, it also takes massive support and positive reception from the community. Our team has been working tirelessly to get to this point and it has been an incredible journey.
As a result, industry leaders in construction continue to leverage Togal.AI, giving us positive reviews for increasing team productivity, and generating ROI by accelerating the estimating process.
Togal.AI has been featured in The Real Deal, Engineering News-Record (ENR), Florida Trend, Florida Construction News, Construction Dive, Construction Executive, Construction Equipment Guide, Constructech, Tribe, the South Florida Business Journal, Cafecito Talk with Miami Mayor Francis Suarez and other outlets and publications.
All of this would not have been possible without your support. We are truly grateful for all that you do for us, and for being on a winning team. This was a great honor.
We look forward to keeping you updated on all of the exciting advancements within the company and any awards and accolades we may receive.
To learn how Togal.AI can seamlessly integrate with your workflow and streamline the preconstruction process, request a demo here.