ALICE Technologies

Company Description:

1. ALICE Technologies is the world's first parametric scheduling and management platform for construction that leverages artificial intelligence to dynamically generate, analyze and manage millions of valid schedules for large-scale construction projects.
2. ALICE enables contractors and owners to plan, bid, and build more effectively, reducing construction durations by an average of 16.2% and labor costs by 14.7% ($30M in labor-cost savings on a typical $500M project).
3. ALICE isn't a new construction tool - its an entirely new way to build.
4. ALICE was just named one of the 7 most striking construction technology innovations of 2018.
5. ALICE's mission is to increase access to the world's fixed-physical wealth through smart construction.
6. The founder, René Morkos, is a 2nd-generation civil engineer with extensive global construction experience - he completed his PhD in AI applications for construction at Stanford University, where ALICE was born.

Market Opportunity:

1. Construction provides the fixed physical wealth of society, yet despite being one of the world's largest and most important industries it is also one of the least productive - According to McKinsey research studies, lagging construction productivity costs the global economy $1.6 trillion per year.
2. The construction industry is in the early innings of a massive digital transformation - according to IDC, construction industry spend on digital transformation initiatives is projected to grow faster than in any other industry over the next 5 years.

And more:

1. Some of the world's pre-eminent construction companies are using ALICE to plan their projects, including: Katerra, DPR Construction, Mortenson, Parsons, Cemex, AF Gruppen, and HDCC.
2. Top-tier investors including Lightspeed Venture Partners & Merus Capital.
3. ALICE has ample runway to scale - company is just now wrapping up their Series A. The company will hit their original year-end ARR target by July / August and are forecasting to grow ARR by 7-8x YoY.
4. This role will have an outsized impact on a company poised to revolutionize one of the world's largest and most important industries.