Buildzoom
| Industry | Construction |
|---|---|
| Founded | March 2013 |
| Founder | David Petersen & Jiyan Wei |
| Headquarters | San Francisco, CA, United States |
| Website |
www |
BuildZoom is an online marketplace for remodeling and construction contractors. Based in San Francisco, CA, the company launched in March 2013 while participating in Y Combinator.[1] BuildZoom raised $1.4 million in seed financing from several investors including Formation 8 in June 2013.[2]
In October 2014, the company raised a second round of financing, estimated at $2.15 million.[3]
Features
BuildZoom collects and uses contractor license information to generate listing pages. Licensed contractors can "claim" their page on the site and publish additional content about their businesses. Contractors are given a score that is determined by an algorithm, which considers information from license boards and several Better Business Bureau's in addition to community feedback.[4]
In September 2013, the company announced they had expanded their data collection to include building permit data from local government sites, to help inform contractor ratings.[5]
Market Insights
In May 2014, BuildZoom collaborated on a research project with RealtyTrac to show the return-on-investment associated with home improvement expenditures prior to a sale.[6]
In November 2014, they showed a correlation between rising rental rates and decreased home improvement spending in San Francisco.[7]
The company has also shared information on major construction projects associated with large companies. In December 2014, the company shared details on the construction of an auditorium and fitness center at the Apple Inc. Cupertino office. In January 2015, BuildZoom shared building permit information that detailed progress being made to the Tesla Motors Gigafactory in Nevada.[8]
Using Tinder to Catch a Burglar
After being robbed numerous times at their office in SoMa, BuildZoom posted video footage of the burglar and offered a reward for information leading to her arrest. Several local companies who had been robbed by the same burglar, shared additional footage of her although an arrest was never made.[9]
Their subsequent use of Tinder to continue their pursuit of the criminal, gained recognition from several news sites, including the Daily Mirror.[10] A spokesperson from Tinder later told the local NBC affiliate that this was “a very creative use” of its service and that they were "happy to hear that Tinder is helping people connect for a variety of reasons.” [11]
References
- ↑ Perez, Sarah (14 March 2013). “BuildZoom Connects Homeowners With Contractors For Remodeling Projects, Doesn’t Charge For Access Or Leads”. TechCrunch. Retrieved 15 January 2015.
- ↑ Perez, Sarah (25 June 2013). “YC-Backed Contractor Directory BuildZoom Raises $1.4 Million Seed Round”. TechCrunch. Retrieved 15 January 2015.
- ↑ Kokalitcheva, Kia (6 October 2014). “With a fresh $2.15M, BuildZoom crunches data to pick the best home improvement contractors”. VentureBeat. Retrieved 15 January 2015.
- ↑ Cisero, Meshach (9 October 2014). “Big Data for Big Renovations: A Conversation with BuildZoom”. BIA Kelsey. Retrieved 15 January 2015.
- ↑ Grant, Rebecca (12 September 2013). “Buildzoom uses big data to prevent home renovation nightmares (exclusive)”. VentureBeat. Retrieved 15 January 2015.
- ↑ Hill, Catey (4 May 2014). “House flipping becomes more profitable”. MarketWatch. Retrieved 15 January 2015.
- ↑ Garrison, Trey (12 November 2014). “Rising rents correlate with less home improvement spending”. Housing Wire. Retrieved 15 January 2015.
- ↑ Mac, Ryan (16 January 2015). “Tesla Gigafactory Permits Reveal Huge Costs: $16 Million For The Foundation Alone”. Forbes. Retrieved 19 January 2015.
- ↑ Staff writer (22 July 2014). “Burglary Caught On Video Highlights Increased Reports Of San Francisco Startup Business Break-Ins”. CBS San Francisco. Retrieved 15 January 2015.
- ↑ Parsons, Jeff (16 December 2014)“Burgled business creates Tinder profile to help identify suspect”. Daily Mirror. Retrieved 15 January 2015.
- ↑ Russell, Jon (23 December 2014). “Now Tinder is Being Used to ID Suspected Thieves”. TechCrunch. Retrieved 15 January 2015