mbue Raises $1.8M in Pre-Seed Round to Eliminate Errors in Construction
mbue’s technology offers architects and builders a tool to significantly reduce time, cost, and liability exposure during the construction process
Left to right: Jean-Pierre Trou, CEO & Co-Founder, Dave DeCaprio, CTO & Co-Founder
Austin, TX – September 17th, 2024 – mbue®, the AI-first vertical SaaS company dedicated to automating the architectural review process, today announced the successful closure of a $1.8 million pre-seed funding round. This strategic investment will accelerate mbue’s mission to minimize errors in architecture through the power of advanced artificial intelligence, ultimately paving the way for a more efficient and error-free construction industry.
Founded with a vision to create a world built better with fewer errors, mbue has developed an innovative web-based application that leverages AI to instantly review architectural drawings. Their current offering focuses on change control, with ongoing development of cross-coordination functionality to ensure all disciplines are fully aligned. The company also plans to target code compliance in the near future. mbue’s technology offers architects and builders a tool to significantly reduce time, cost, and liability exposure during the construction process.
“mbue was created to address a huge pain point that, as a licensed Architect, I personally experienced firsthand. I spent countless hours and late nights manually reviewing thousands of drawings.” said Jean-Pierre, CEO and Founder of mbue. Trou, an award winning architect with over 20 years experience in the industry, added, “It is mind-blowing that with today’s technology, we are still reviewing drawings ‘manually’ using some PDF reviewing tool for redlining drawings. This process results in more than $100 billion wasted each year in the U.S. due to changes, errors, and omissions. Our goal is to eliminate all of these errors by building technology that truly understands technical drawings, that not only identifies changes and costly mistakes but also understands how to correct them. In the near future, mbue will provide data-driven design solutions and generate flawless architecture.”
The $1.8 million pre-seed round was oversubscribed and closed with investment from prominent investors, including Techstars, Geek Ventures, 2045 Ventures, Spatial Capital, Factorial Capital, Everywhere Ventures, and The MBA Fund. Their support underscores a shared belief in mbue’s vision for a more efficient and error-free construction industry. The funds will be used to further develop mbue’s AI-driven platform, expand the team, and enhance customer support, ensuring the company is well-positioned to lead the market in AI-based architectural review.
About mbue®: mbue is headquartered in Austin, TX, and is on a mission to enable architects and builders to focus on their most impactful work by automating the quality control process with beautifully designed, user-friendly products.
For more information, visit www.mbue.ai.
Media Contact:
Jean Pierre Trou, CEO & Co-Founder
media@mbue.ai