Startups lead AI push into construction amid labour shortages – The Economic Times

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The construction industry has long been one of the few sectors untouched by AI. Not anymore. Over the past year, several startups have emerged, including Flo Mobility, Attentive AI, Origin and Pace Robotics, focusing on different aspects of the construction sector. Demand for their services is picking up, particularly in the US, due to the need to address labour shortages and the digitisation wave sweeping the sector.
Startups have been regarding construction as an industry ripe for automation in the last seven-eight months, said Manesh Jain, cofounder, Flo Mobility. “So that’s one significant shift which is happening,” he said. The company offers a construction-focused robotics platform.

Security, health, safety, compliance (HSC) standards and productivity are particularly amenable to automation solutions. “We saw early signs of this in warehouses and manufacturing assembly lines a few years ago, and now there is an uptick in adoption across the construction industry,” Jain said.

Flo Mobility’s robots move materials at construction sites, level floors and are also used to finish walls. Currently deployed mostly in India and West Asia, the company is actively exploring the US market. AttentiveAI offers AI-powered software for pre-construction needs, including solutions for subcontractors and suppliers to help with estimates. The company also offers a product for field jobs such as landscaping, facilities maintenance and snow removal.

“When we launched our first product, Beam Field Services, in 2021, we focused on the landscaping business as we wanted to focus only on a particular segment of construction instead of the entire market,” said cofounder Shiva Dhawan. “We reached a $1 million annual revenue run rate (ARR) in a year.” The company launched its second product, BeamAI for Construction, in 2023. This automates the pre-construction estimation phase, which includes computing cost estimates and preparing bids, which is the work of a junior estimator. Since the launch of the second product, ARR is touching $12 million ARR amid rising demand.