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About AICrete
Industries
Industrial & Manufacturing
AI & Machine Learning
Company Size
11-50
Company Stage
Seed
Total Funding
$8.8M
Headquarters
San Francisco, California
Founded
2020
Overview
AICrete focuses on improving the concrete industry with its AI-powered operating system, AICreteOS. This platform helps concrete producers, construction companies, and infrastructure developers optimize their operations. AICreteOS includes tools like AI Mix Designs for creating efficient and eco-friendly concrete mixes, Live Ticket Monitoring for real-time tracking of truck tickets, and Custom Reports for tailored data analysis. The company operates on a subscription model that provides training, maintenance, and support, ensuring clients can effectively use the system. AICrete also offers materials testing services and automated workflows to enhance accuracy and productivity. The goal is to increase profitability, sustainability, and efficiency in the concrete sector.
Simplify's Take
What believers are saying
- AICrete raised $9 million in funding since May 2022, boosting investor confidence.
- The platform can reduce concrete emissions by up to 35%, enhancing sustainability.
- Growing demand for AI in construction supports AICrete's market expansion potential.
What critics are saying
- Emerging competitors could challenge AICrete's market position in AI-driven concrete.
- Rapid AI advancements may render AICrete's offerings obsolete without continuous innovation.
- Data privacy concerns could arise due to handling sensitive client information.
What makes AICrete unique
- AICrete offers a unique recipe-as-a-service platform for concrete optimization.
- AICreteOS provides real-time monitoring and custom reporting for concrete operations.
- The platform includes AI Mix Designs for cost-effective and eco-friendly concrete mixes.
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Funding
Total Funding
$8.8M
Above
Industry Average
Funded Over
1 Rounds
Industry standards
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Flexible Work Hours
Remote Work Options
Company Equity
Stock Options
Hybrid Work Options
Growth & Insights and Company News
6 month growth
↓ -6%1 year growth
↓ -6%2 year growth
↓ -6%AICrete Corp., artificial intelligence solutions developer for concrete and aggregate producers, has closed a $5 million funding round, bringing Series Seed commitments to $9 million since May 2022.
AICrete Corp., a pioneering technology company specializing in Artificial Intelligence (AI) solutions for the concrete and aggregates industry, is pleased to
"We like to say AICreteOS is like giving our customers sustainable concrete superpowers," concludes Aghdasi
AICrete raised $4 million this week in a seed round led by Clear Ventures and VoLo Earth Ventures with participation from Cortical Ventures.
Through use of AI, AICrete is poised to reduce concrete emissions by up to 35% and drastically increase industry profit margins. RICHMOND, Calif. , Sept. 21, 2022 /PRNewswire/ -- AICrete , the only recipe-as-a-service platform optimizing local materials for cleaner and more cost-efficient concrete, announced today that it has raised $4 million in a seed funding led by CLEAR Ventures and VoLo Earth Ventures with participation from Cortical Ventures and one of the world's leading manufacturers of concrete and building materials. In connection with their investment, Vijay Reddy, Partner at CLEAR Ventures, and Kareem Dabbagh, Managing Partner of VoLo Earth Ventures, will join the AICrete Board of Directors
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About AICrete
Industries
Industrial & Manufacturing
AI & Machine Learning
Company Size
11-50
Company Stage
Seed
Total Funding
$8.8M
Headquarters
San Francisco, California
Founded
2020
AICrete is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today