Graphite Fund IVIndustrial

Smarter bidding for the complex trades. Contractors use PataBid’s advanced AI tooling to streamline bidding, reduce project risk and win more work.

Problem

Bidding is where every construction project begins, yet the tools behind it haven’t changed in decades. Contractors spend days manually counting and pricing each project, leaving them slower, more error-prone and unable to pursue every opportunity.

Solution

PataBid Quantify is a next-generation SaaS platform that streamlines how contractors bid work. It automates the most labour intensive work, connects live material pricing and flags potential issues early, so contractors can bid more, win more and reduce project risk.

Features include:

  • AI-powered takeoff that automates counting from drawings
  • Newton AI agent for querying drawings and identifying project risk (beta)
  • Live material pricing built into every bid
  • Pre-built parts and labour database
  • Material ordering directly from the platform
  • Cloud-native collaboration for bidding teams
  • Open API and ERP integrations

Traction

  • $2.1B+ in bid value processed through PataBid Quantify to date
  • 230+ electrical, mechanical and fire protection contractors rely on PataBid Quantify to bid their projects

Business model

  • SaaS subscription
  • Starting at $2,460 per license, per year
  • Plans for small-to-mid-sized businesses (SMB) and enterprise contractors