Vice President of Product, Constrafor
$160-180k
+ Equity
Office located in Hudson Yards, NY
Construction productivity software and financial services
Open for applications
Construction productivity software and financial services
21-100 employees
Open for applications
$160-180k
+ Equity
Office located in Hudson Yards, NY
21-100 employees
Company mission
To set new standards of productivity and cost-efficiency for the construction industry through its productivity and financial services platform.
Role
Who you are
- Bachelor’s degree in a related field
- 8+ years of experience in product management, with at least 3 years in a leadership role
- Proven experience in an early-stage tech startup environment
- Strong understanding of market trends
- Demonstrated success in launching and scaling innovative products
- Excellent leadership, communication, and interpersonal skills
- Ability to think strategically while managing the details of execution
- Strong analytical and problem-solving skills
- Passion for technology and a deep understanding of user experience and design principles
What the job involves
- As the VP of Product, reporting directly to the CEO, you will be responsible for defining and executing the product vision, strategy, and roadmap
- You will collaborate closely with engineering, design, marketing, and sales teams to deliver innovative products that meet customer needs and drive Constrafor’s growth
- This role requires a strategic thinker with a passion for technology, a deep understanding of user-centric design, and a proven track record of successfully launching and managing products in a fast-paced startup environment
- Define and communicate the product vision, strategy, and roadmap that align with the Constrafor’s goals and market opportunities
- Lead and mentor a high-performing product team, fostering a culture of innovation, collaboration, and continuous improvement
- Conduct market research, competitive analysis, and customer feedback to identify trends, opportunities, and areas for differentiation
- Oversee the entire product lifecycle from ideation to launch, ensuring timely and high-quality delivery of new features and enhancements
- Collaborate with cross-functional teams including engineering, design, marketing, sales, and customer support to ensure alignment and successful product execution
- Advocate for the voice of the customer, ensuring their needs and feedback are central to product development and decision-making
- Establish and track key performance indicators (KPIs) to measure product success and drive data-driven decision-making
Our take
Large construction projects take a long time to finish, and subcontractors can get caught up in the flow of money, waiting up to 80 days to be paid by general contractors. Such situations not only lead to project delays but also impose the burden of financing their project segments onto subcontractors. However, Constrafor has set out to change this through its SaaS construction procurement platform.
It streamlines information and documentation for how general contractors work with subcontractors and assumes the risk for the subcontractor invoice, freeing up cash flow. The general contractor then reimburses Constrafor for the invoice; its revenue is based on taking in about 2% of the value of the invoice.
Given that construction companies typically allocate less than 1.5% of their revenue to technology investments, Constrafor find itself in substantial demand, It stands out by offering tailored solutions, designed and developed on behalf of these companies. Bolstered by recent funding, secured through a SAFE note, Constrafor is poised to elevate its operations, effectively facilitating crucial functions like payroll management and other pivotal aspects of the construction process.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 4 rounds)
Nov 2024
$14m
SERIES A
Apr 2023
$7.5m
EARLY VC
Total funding: $29.2m
Company benefits
- Equity Ownership: Opportunity for equity ownership in Constrafor
- Hybrid Work Schedule: M-W at our beautiful Hudson Yards office
- Comprehensive Benefits: Medical, dental, and vision insurance for you and your dependents
- Generous PTO: Generous paid time off plan
- Innovative Culture: A collaborative and innovative work environment that values your input
- Impactful Work: Opportunity to make a significant impact in a growing tech company
Company HQ
Midtown South, New York, NY
Articles
Leadership
Anwar Ghauche
(Co-Founder)Experience as Senior Consultant of Booz & Company from 2010 to 2013. Investment Analyst for QVT Financial LP from 2015 to 2018.
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