Konstructly
Konstructly is a B2B company that enhances the efficiency of the construction industry by digitizing processes and connecting different stakeholders, operating fully remotely.
Services
Konstructly provides a suite of digital solutions designed to streamline invoicing and payment approvals in the construction industry. The platform connects payment approvals with quality checks, trade handovers, and live progress tracking, all aimed at reducing errors and preventing overspend. Konstructly offers tailored services for both main contractors/house builders and subcontractors, helping them navigate complex regulatory requirements while enhancing productivity and visibility into the project's workflow.
Products
Konstructly's products are available on Play Store, App Store, and App Gallery. The offerings are designed to facilitate seamless communication among stakeholders in the construction industry. These tools enable production to be tightly linked to commercial aspects, connecting subcontractors to their operatives and main contractors to their subcontractors. The platform makes submissions and checks of work and payments more streamlined, making it a trusted solution among contractors nationwide.
Company History
Konstructly is part of the Y-Combinator W24 batch, signaling its recognition and potential for innovation. Despite its remote operational model, Konstructly is based out of 61 Wapping Wall, London, E1W 3SJ, UK. From its inception, the company has aimed to impact the construction industry by digitizing key manual processes and improving overall efficiency. The platform is geared towards driving productivity from the supply chain using cash incentives and addressing the under-digitized needs of the construction workforce.
Industry Impact
Operating within the B2B sub-industry, Konstructly focuses on the construction sector, which accounts for 13% of global GDP and employs 7% of the world’s workforce. The company seeks to address the relatively low level of digital adoption in this area by offering tools that streamline laborious manual processes. Konstructly ensures that all aspects of work submissions and payment checks are efficiently managed, reducing human error and preventing financial overspend. Through its services, Konstructly strives to become the go-to solution for connected construction companies.