About

Adaptive.build offers a financial management platform designed for the construction industry, automating tasks like bookkeeping, cash flow management, and real-time budgeting while integrating with Quickbooks. It helps builders and remodelers manage job costs, maximize profits, and gain project visibility by simplifying processes such as bill payments and budget tracking. Unlike competitors, Adaptive.build focuses specifically on the unique financial challenges of construction businesses, providing a comprehensive solution that saves time and improves accuracy. The goal is to enhance financial performance for construction companies through effective management tools.

Simplify's Take

What believers are saying

• The recent $19M Series A funding round led by Emergence Capital positions Adaptive for rapid growth and further innovation in financial automation.
• Adaptive's tools can drastically reduce the time spent on financial tasks, potentially saving construction companies significant amounts of money and improving their cash flow.
• The platform's ability to simplify and expedite payments can address the industry's chronic slow payment problem, enhancing overall project efficiency and profitability.

What critics are saying

• The construction industry is traditionally slow to adopt new technologies, which could hinder Adaptive's market penetration.
• Competition from established construction management software providers like Procore could limit Adaptive's market share.

What makes Adaptive unique

• Adaptive.build focuses exclusively on the construction industry, offering specialized financial management tools tailored to the unique needs of builders and remodelers.
• The platform's integration with Quickbooks and its ability to create a draw in under a minute significantly streamline financial operations, setting it apart from more generic financial management solutions.
• Adaptive's emphasis on automating complex financial tasks like vendor compliance and real-time budgeting provides a competitive edge in an industry plagued by slow payments and financial inefficiencies.