Suffolk Technologies hosted nine built world startups at its
fifth annual Demo Day event to celebrate the culmination of its
eight-week BOOST accelerator program.
Suffolk Technologies hosted its 5th annual BOOST Demo Day,
marking a significant milestone in its built world accelerator
program. The event took place at Suffolk’s National Headquarters in
Roxbury, Massachusetts, and was part of an expanded Boston Built
Week, which featured collaborations with the Foundation for
Innovation in Real Estate, Built Worlds, the C-Tech Club, and
others.
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Suffolk Technologies BOOST 5 participant
Zhihao Zhao of Genia pitches to the Demo Day audience at Suffolk’s
Roxbury, Massachusetts, headquarters. (Photo: Business Wire)
The Suffolk Technologies BOOST program is a unique bridge
between industry and innovation, connecting entrepreneurs with
real-world applications. Through its vibrant community of global
leaders—including general contractors, trade partners, building
owners/operators, materials suppliers, technology providers, and a
strong alumni network —BOOST empowers innovators to develop and
refine their products and go-to-market strategies within a diverse,
global testbed. At the same time, it offers large operators the
chance to stay ahead of emerging trends and drive the adoption of
new technologies within their organizations.
Demo Day provided a platform for the five startups in the BOOST
5 cohort—Artic, Genia, Kroo, novl, and Tangible—to showcase their
products and progress to an audience of more than 400 investors,
prospective customers, industry leaders, and fellow entrepreneurs.
Four additional startups from Suffolk Technologies' existing
portfolio—Anodet, Ediphi, Exodigo, and Handle—also presented and
shared their cutting-edge solutions for advancing the built
environment.
“This year marked our most impactful BOOST program yet. We
partnered with 36 industry-leading operators, expanded the length
of the program to eight weeks, kicked off seven paid pilots, and
launched two new products. And this year’s Demo Day welcomed our
largest audience in the history of the BOOST program,” said Parker
Mundt, VP of Platform at Suffolk Technologies. “There is an
infinite number of construction technology startups just waiting to
be discovered so they can bring their technologies to market, add
real value to jobsites and transform the built world for future
generations of builders. We are excited to grow our BOOST program,
partner with many of these companies and invest in their futures.
After just five years since we launched BOOST, we feel we’re just
getting started.”
The event began with a fireside chat featuring William Schlacks,
Co-founder and President of EquipmentShare, alongside Puneet
Mahajan, Suffolk's Chief Financial Officer. The discussion explored
the inspirations driving EquipmentShare, the power of data in
construction, and Schlacks’s experience as an entrepreneur.
“Six years ago, after closely evaluating the state of the
construction industry and its slower pace of innovation, we decided
to launch an accelerator program like no other. Today, the Suffolk
Technologies BOOST program has become the nation’s most innovative
accelerator program for built world startups committed to
disrupting and transforming the construction industry,” said John
Fish, Chairman and CEO of Suffolk. “I extend my heartfelt
congratulations to the entrepreneurs and startups from this year’s
BOOST program and Demo Day for their dedication and
achievements.”
Over the past eight weeks, BOOST 5 participants attended curated
workshops led by industry experts on topics including go-to-market
strategy, integrations, risk management, hiring, legal and
fundraising. They developed partnerships across Suffolk
Technologies’ network, including with other portfolio founders,
Operating Partners, Suffolk project teams, and leaders throughout
the building supply chain. Participants were able to launch new
products, land pilot projects, develop case studies, and more.
Genia was honored with the "People’s Choice Award” through a
live vote following the pitches. Awards were also handed out to the
Suffolk Team Member of the year, Joshua Weyand, and several
Operating Partners including Axiom Builders, Bouygues, Century
Drywall, Simpson Strong-Tie, and Weyerhaeuser. Following the
company pitches, 14 startups exhibited in Suffolk’s café including
the nine presenters and BOOST alumni Kaya AI, Qflow, Rugged
Robotics, Trunk Tools, and Wint.
With the culmination of the BOOST 5, the program has now
graduated 30 companies that have gone on to raise more than $525
million in venture funding and continue to drive long-lasting,
positive change in the AECO industry.
This year, BOOST is presented in partnership with 36 industry
partners including Autodesk, Moog Construction, Holcim, Axiom
Builders, Group AMANA, McCusker-Gill, Inc., Liberty Mutual
Insurance, Procore Technologies, Suffolk Construction, Swire
Properties, Suffolk Design, Liberty Construction, ARCO Murray,
Century Drywall Inc., Feldman Geospatial, Gunderson Dettmer, LMRE,
Thornton Tomasetti, Zwick Construction, Acciona, BI Group,
Bluebeam, Bouygues, Build Boston, Cupertino Electric, Harkins
Builders, Insperity, McKinstry, RXR, Schneider Electric, Simpson
Strong-Tie, Socotec, The Select Group, Tidhar, ViaTechnik, and
Weyerhaeuser.
About Suffolk Technologies
Suffolk Technologies is a venture capital platform funding the next
generation of companies solving built environment challenges.
Suffolk Technologies was recently recognized by AGC Partners as the
#1 most active construction technology venture capital investor
from 2018 to 2022. Led by Managing Partners Wan Li Zhu, Jit Kee
Chin, and Puneet Mahajan, Suffolk Technologies invests in early and
growth-stage startups transforming the built world across real
estate and development, architecture, engineering and construction,
property management, and smart cities. Leveraging Suffolk’s
expertise and broad network of industry leaders, Suffolk
Technologies partners with visionary founders to accelerate
industry-wide adoption of breakthrough innovations ranging from
pre-product to growth stages. For more information about Suffolk
Technologies’ strategy and investments, visit SuffolkTech.com.
About Suffolk Suffolk is a
national enterprise that builds, innovates and invests. Suffolk is
an end-to-end business that provides value throughout the entire
project lifecycle by leveraging its core construction management
services with vertical service lines that include real estate
capital investment, design, self-perform construction services,
technology start-up investment (Suffolk Technologies) and
innovation research/development.
Suffolk – America’s Contractor – is a national company with more
than $5.5 billion in annual revenue, 2,800 employees, and offices
in Boston, Massachusetts (headquarters); New York City, New York;
Miami, West Palm Beach, Tampa and Estero in Florida; Dallas, Texas;
Los Angeles, San Francisco and San Diego in California; Portland,
Maine; and Herndon, Virginia. Suffolk manages some of the most
complex, sophisticated projects in the country, serving clients in
every major industry sector, including healthcare, life sciences,
education, gaming, transportation/aviation, federal government and
public work, mission critical and commercial. Suffolk is privately
held and is led by founder, chairman and CEO John Fish. Suffolk is
ranked #8 on ENR’s list of “Top CM-at-Risk Contractors.” For more
information, visit www.suffolk.com and follow Suffolk on Facebook,
Twitter, LinkedIn, YouTube and Instagram.
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version on businesswire.com: https://www.businesswire.com/news/home/20241114863415/en/
Media Contact Information: Dan Antonellis
dantonellis@suffolk.com +1 (617) 517 4232