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Disperse equips business leaders on their journey to transform construction. ~69% of projects run more than 10% over budget, Disperse want to remove inefficiency within the construction industry.
Disperse is disrupting the trillion-dollar construction industry, which is renowned for it's lack of efficiency and absence of digitisation.
Disperse is all about helping companies track progress across construction projects to identify inefficiencies, through capturing imagery and using computer vision to spot issues as soon as they occur — before they escalate into bigger (and more expensive) problems. It also promises to help free people from repetitive manual admin so they can work on more important tasks.
Computer vision technology has developed substantially in the last few years, so Disperse seem to have nailed the timing with their entry into this market. They have a number of big construction and real estate company clients, including Canary Wharf Contractors, Mace, Meyer Bergman, and Bouygues, so are off to a great start, and are operating in a huge market.
Steph
Company Specialist at Welcome to the Jungle
Sep 2022
$16m
EARLY VC
Oct 2019
$15m
SERIES A
This company has top investors
Felix Neufeld
(CEO)Previously spent 7 years in construction consulting and management at Neufeld Bau Center.
Joined as Head of Marketing and Operations. Promoted to COO after 5 months.