The ten winners of the Construction Startup Competition 2021 have been announced by CEMEX Ventures, recognizing the most promising startup companies in the construction sector for this year. The overall winner of the competition was Document Crunch, an AI-powered software which can identify and explain critical issues in construction contracts.

Based in Atlanta, Georgia, Document Crunch allows users to upload documents online to be reviewed by an AI software to analyze risk, understand waivers, and highlight indemnity and insurance obligations. As well as reviewing construction contracts and insurance policies, the software can also analyze plans, drawings, and specifications, categorizing elements such as design responsibility, confidentiality requirements, hazardous materials, and warranty obligations.

Document Crunch was one of ten winning projects in the competition, which saw entrants pitch their ideas to a jury panel at the BuiltWorlds 2021 Venture East Conference event in Miami. The ten winners were derived from five categories: carbon footprint mitigation, supply chain optimization, efficiency in the jobsite, advanced building materials, and new construction methods.

The other nine winners are as follows:

The competition was operated by CEMEX Ventures, together with Dysruptek, Ferrovial, GS Futures, Hilti, VINCI Group’s Leonard, and NOVA by Saint-Gobain. 

Since its establishment in 2017, the competition series has seen more than 2,000 participants, forming part of a ConTech movement which has received over $2 billion in investment in 2021 alone. 

Are you sure you want to block this user and hide all related comments throughout the site?

View all   |   Firms

View all   |   Schools