Campaign

CRO#: 561936

Site Passport

Construction Tech

EIIS 
Site Passport is a technology platform to standardise and automate the construction industry's selection of subcontractors and suppliers and to monitor their performance.
by Rob Fox
Dublin
103% Funded
€ 300,000Funding goal
€ 307,500Invested
84Investors
CampaignEnded


Company Summary :

 

 

Optimising supply chain decisions (as 80% of project value) is the biggest risk/margin opportunity for construction companies. Lack of process and random selection/guesswork is not fit for purpose in an increasingly complex and competitive industry of low profit margins. Site Passport’s technology platform offers a suite of data-rich tools to analyse and match the right subcontractors with the complex requirements of individual projects, sectors and geographies . 

 

Key highlights:

  • The Site Passport platform is live and generating revenues.
  • Sweet spot/market fit is main-contractors looking to optimise subcontractor and supplier compliance and performance. 
  • ESG/sustainability adds another layer of complexity to supply chain management, but is an opportunity for Site Passport.
  • The Site Passport platform is not just an in-project accounting or monitoring solution. It focuses on the strategic selection and on-boarding of subcontractors and suppliers at the outset of the project.
  • 14 main contractors are already paying (SaaS business model) to use the Site Passport platform.
  • Construction industry is worth $12 trillion globally.
  • Founder/team has huge domain expertise and has funded product development to date.