Ediphi

Ediphi

Cloud-based preconstruction cost estimation platform

Overview

Ediphi provides a cloud-based platform for preconstruction that helps estimators and project managers with cost estimation and design collaboration. It uses a database of unit mixes, finish schedules, and historical costs, and derives quantities from building geometry to generate estimates and pricing guidance, including design revisions. It differentiates itself by combining geometry-based quantity extraction with a centralized historical-cost database focused on design-build and negotiated U.S. projects, sold through tiered subscriptions. Its goal is to speed up accurate preconstruction estimates, reduce pricing risk, and support value engineering for construction teams.

About Ediphi

Simplify's Rating
Why Ediphi is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Enterprise Software

Company Size

11-50

Company Stage

Series A

Total Funding

$18.5M

Headquarters

Manila, Philippines

Founded

2016

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Simplify's Take

What believers are saying

  • Ediphi achieved 200% YoY revenue growth and 150% headcount expansion in 2025.
  • DPR Construction agreed April 16, 2024, to pilot Ediphi's full suite.
  • Norwest led $12M Series A in March 2024 after $6.5M seed.

What critics are saying

  • Procore's Esticom erodes Ediphi's market via integrated platform.
  • Autodesk's BIM tools steal enterprise deals from Ediphi.
  • DPR pilot fails scaling due to legacy integration hurdles.

What makes Ediphi unique

  • Ediphi uses building geometry to match quantities with historical cost data.
  • Ediphi consolidates preconstruction workflows into one cloud platform.
  • Ediphi enables real-time collaboration across estimators and managers.

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Funding

Total Funding

$18.5M

Meets

Industry Average

Funded Over

2 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Below Average

Industry standards

$15M
$8.2M
Discord
$12M
Ediphi
$15M
Canva
$30M
Kalshi

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Unlimited Paid Time Off

Parental Leave

Company Equity

Remote Work Options

Growth & Insights and Company News

Headcount

6 month growth

7%

1 year growth

2%

2 year growth

13%
Cision
Jan 17th, 2025
Ediphi Launches Cutting-Edge Interview Preparation Platform

"This platform represents a leap forward in interview preparation, and we're excited to expand its capabilities for enterprise use in the near future."

PR Newswire
Apr 16th, 2024
Ediphi Announces Initial Agreement With Dpr Construction For Their Cloud-Based Preconstruction Solution

BOSTON, April 16, 2024 /PRNewswire/ -- Ediphi , the most comprehensive cloud-based estimating solution on the market, today announced an initial agreement with DPR Construction. Through the agreement, DPR's preconstruction teams will have access to Ediphi's full suite of estimating tools and software for a comprehensive examination of how to scale Ediphi.With offices throughout the United States as well as in Europe and Asia, DPR Construction is one of the largest contractors in the United States and operates across five core markets: Advanced Technology, Commercial, Healthcare, Higher Education, and Life Sciences. The initial implementation will attempt to move members of DPR's preconstruction teams from legacy desktop-based estimating software into the cloud."After extensive evaluation, including over three years of research and pilot programs among leading estimating tools, Ediphi stands out for its robust, cloud-based approach to the preconstruction life cycle," said Alan Watt, a preconstruction technology leader at DPR Construction. "We hope to prove out Ediphi is the best solution to streamline our workflows for better efficiency, aggregate and improve the quality of our data, and reduce our reliance on custom in-house tools and disconnected applications."Traditionally, business development executives, estimators, and project management & operations personnel operate in different apps despite the fact their work is highly dependent on each other and requires collaboration. Ediphi solves this by bringing everyone into one application, increasing collaboration and driving efficiency which directly affects costs and downstream project success.On a typical construction project, additional tools are required to manage procurement, bid leveling, cost modeling, benchmarking, document creation, and line item price history. Also, getting consistent data out of the system is difficult, with many disconnected applications and the inability to track down the correct files that contain data, without a way to easily aggregate the information.Ediphi consolidates all these workflows in one tool for the entire preconstruction lifecycle, simplifying reporting and improving data accessibility

Pulse 2.0
Mar 23rd, 2024
Ediphi: Estimating Solution Company Secures $12 Million

Cloud-based estimating solution Ediphi announced it has raised $12 million in Series A funding led by Norwest Venture Partners.

Construction Links Network
Mar 22nd, 2024
Ediphi Secures $12M in Series A Funding for Cloud-Based Estimating

Ediphi secures $12M in Series A funding for cloud-based estimating.

PR Newswire
Mar 21st, 2024
Ediphi Announces $12 Million Series A Funding From Norwest Venture Partners To Expand Team And Enhance Cloud-Based Estimating Solution For Preconstruction

Raise comes just four months after $6.5M Seed Funding from Suffolk TechnologiesSolution provides contractors with simple way to provide estimates quickly and accuratelyBOSTON, March 21, 2024 /PRNewswire/ -- Ediphi, the most advanced cloud-based estimating solution on the market, today announced it has raised $12 million in Series A funding, led by Norwest Venture Partners. The financing will be used to expand its team, invest in product innovation through research and development, and grow its market share within the industry.This funding comes on the heels of a $6.5 million seed funding round that Ediphi closed in November 2023, led by Suffolk Technologies."Dominated by legacy, on-premise solutions, nearly 75% of contractors rely on manual methods for price quoting. Ediphi is about to change that with a cloud-native solution that saves time and money by accelerating a days- or weeks-long process into a few hours, while enabling unprecedented accuracy, scalability and collaboration," said Sean Jacobsohn, Norwest partner. "I've followed Dustin for more than a decade and it's clear he understands the pain points of preconstruction firsthand, and he's assembled a strong leadership team with deep domain expertise. It's rare for a company at this stage to deliver an enterprise-class solution that pays for itself in savings. We see enormous opportunity for Ediphi to disrupt the preconstruction market."Estimating is no longer an event

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