Company Research Report: Configure, Inc.
Company Overview
- Name: Configure, Inc.
- Mission of the Company: Empower designers and contractors to easily compare, specify, and purchase engineered to order and applied products by digitizing supply and connecting them with local vendors.
- Founded: 2021
- Founders:
- Michael Albanese, PE
- Focus: Leadership and Strategy
- Background: Former principal and director of mechanical engineering at Kohrs Lonnemann Heil Engineers, Inc. (KLH Engineers).
- Jeff Leuderalbert, PE
- Focus: Product Direction and Development
- Background: Over 20 years of experience leading engineering teams with a focus on healthcare at KLH Engineers.
- Key People:
- Michael Albanese, Co-Founder
- Jim Tavernelli, President & CEO at KLH Engineers, INC.
- Headquarters: Fort Thomas, Kentucky
- Number of Employees: 2-10
- Revenue: No information is available
- What is the Company Known For: Known for transforming vendor quotes into actionable insights through its AI-powered platform, Bid Day AI, which facilitates smarter decision-making in the construction industry.
Products
- Product Offered: Bid Day AI by Configure
- High-Level Description of the Product:
- Bid Day AI automatically analyzes vendor quotes, validates specifications, and offers AI-powered recommendations to enable smarter decision-making.
- It builds historical intelligence and provides instant insights to help contractors and estimators focus on building better estimates.
- Key Features:
- Instant analysis of vendor quotes.
- Side-by-side comparison of vendor quotes against specifications.
- Historical data analysis for spotting pricing patterns.
- Intelligent recommendations based on AI analysis.
Recent Developments
- Recent Developments in the Company:
- Interview with LINK Media highlighted the company's contribution to construction manufacturers by simplifying purchasing processes.
- New Products Launched: No information is available
- New Features Added to Existing Products: No information is available
- New Partnerships:
- Funding secured from TitletownTech in a Seed round on July 1, 2022, amounting to US$ 2.0 million.
This report focuses on providing an in-depth overview of Configure, Inc., detailing the company’s offerings, background, and recent activities in the construction industry.
