“Can bid management become the front door to Autodesk's entire construction software stack, converting preconstruction workflows into recurring platform revenue?”
Founded 2012 as a bid management network for general contractors and subcontractors, differentiating from Procore and SmartBid by building a crowdsourced network of construction professionals. Acquired by Autodesk in December 2018 for $275M — one month after Autodesk's $875M PlanGrid acquisition — to build out Autodesk's construction software portfolio. Now part of Autodesk Forma (formerly Autodesk Construction Cloud) as the preconstruction bid management layer, with sister product TradeTapp providing subcontractor qualification and financial risk analysis.
BuildingConnected integrates with Salesforce, Microsoft Dynamics, HubSpot, Microsoft Power BI, Autodesk Build (Cost Management), Autodesk Docs, Box, PlanGrid and 1 other.
BuildingConnected was founded by Dustin DeVan and Jesse Pederson and is founded in 2012, headquartered in San Francisco, California, United States.
BuildingConnected has raised $53M (pre-acquisition) in total (latest round: Acquired by Autodesk for $275M (December 2018); valuation: $275M acquisition price).
Get a read on where your own stack stands against BuildingConnected and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.