GET A PIECE OF THE BUILDCLUB
Intelligent Material Sourcing for Contractors
In a sprawling $250B construction industry, inefficiencies plague contractors and homeowners alike. Enter BuildClub, your digital solution. In addition to offering same-day delivery nationwide for building materials, our AI-powered platform eliminates the tedious search across multiple vendors, scanning 15 million items daily to find the best prices and quickest delivery options. Since our 2021 launch, we've amassed $5m in sales and 72,000+ registered users, and a vote of confidence—$4M funding from industry leaders and a top-tier $5b construction firm. Our experienced founder, with 15 patents and a rich tech lineage, stands as the driving force. BuildClub is pioneering the future of construction.
$632,202.74 Raised
REASONS TO INVEST
Since its inception in 2021, BuildClub has made waves in the market, showcasing growth and traction. BuildClub has proudly reported over $5m in sales, accumulated a loyal base of 72,000 registered users, delivered 270,000 items, and has up to 300,000 website visits each month. With its user-friendly interface, BuildClub has simplified material price discovery and same-day delivery, offering instant access to over 900,000 items.
While the U.S. construction sector stands as a formidable $250B industry, it remains on the brink of a technological renaissance. This is where BuildClub steps in. Poised to redefine the landscape, we are diligently working on trailblazing digital products. Our upcoming features aim to be industry game-changers, encompassing automated material quoting from a bill of materials or blueprints, and pioneering predictive analytics for material suppliers and contractors. At BuildClub, we're not just keeping pace with industry evolution; we believe we're spearheading it.
The BuildClub’s CEO and founder, Stephen Forte, possesses a level of industry experience that is rare in the startup space. Throughout his career he has cultivated an extensive background in B2B supply chain logistics, mobile apps and software, with 15 awarded. Managing public and private companies with operations in 63 countries, Forte has executed exits from multiple tech enterprises, and led P&Ls from startups to over $1B.
*Market information provided by (source)
the pitch
Imagine being able to find the lowest prices on building materials city wide with just a few clicks, or uploading your blueprints to get an instant quote for the materials? That's what BuildClub is all about. Offering same-day building materials delivery, the BuildClub is a technology company that uses big data and AI to create a metasearch capability for building materials and home improvement supplies. It scans 15 million products per day from hundreds of stores to find the lowest price offerings available, while displaying inventory details and last mile delivery quotes. Since its launch in 2021, BuildClub has booked over $5m in revenue, delivered 270,000 items and has over 72,000 registered users. The BuildClub has raised $4M in funding from over 40 CEOs in the construction, building materials, finance venture, and manufacturing sectors in addition to venture capital and a $5b construction company.
Without using BuildClub’s sourcing intelligence, customers may be paying way too much for materials, just by choosing the wrong store! BuildClub is opening up its material intelligence platform allowing customers to perform price discovery from other suppliers if they want to self-source and buy directly.
Streamlined Sourcing and Delivery Research For Everything You Need To Build
The BuildClub was created to offer an intelligent tech-based sourcing solution for building materials and home improvement supplies. On our online platform, everyone from homeowners to contractors can skip the trip and have the best products at the lowest prices delivered directly, so they never have to waste time traveling off-site or shopping around for the best price.
From roofing and lumber to plumbing and electrical materials, our AI algorithms aggregate the buying process – scanning over 15M products per day in 14 cities, from 225 suppliers – allowing us to find the best possible price and pass additional savings on to our customers.
The problem & our solution
Automate Material Research and Delivery For Maximum On-Site Efficiency
Before The BuildClub, acquiring building materials was a cumbersome process involving visits to multiple stores, endless online searches, and calls to suppliers, compounded by limited swift delivery options. On job sites, contractors grappled with multiple quotes, managing supplier communications and sending expensive team members to pick up materials.
BuildClub transforms this narrative. We introduce a streamlined, unified platform that not only identifies cost-effective suppliers but also integrates quotes from third-party delivery services for on-the-spot dispatches. Contractors now focus solely on their craft, while DIY enthusiasts enjoy uninterrupted project time, free from the hassles of sourcing materials. BuildClub’s sophisticated algorithms curate and present optimal deals, tailored to individual project needs, both locally and nationally, marking the end of convoluted supply chains and ushering in an era of convenience, transparency and efficiency.
Product Pipeline
Our customers can choose to order from the BuildClub as a managed service, or use the BuildClub site for price discovery and order directly from other suppliers themselves. BuildClub is at the forefront of crafting a robust suite of digital offerings. As we strive to broaden our nationwide presence with the addition of hundreds of new stores in the coming months, we're also in the process of developing the following software functionalities:
- Localized Material Estimations: Contractors will be able to upload a bill of materials for a specific project. In return, they'll receive a comprehensive estimate, pinpointing the actual costs of the materials tailored to their zip code.
- Blueprints to Quote: By uploading a blueprint, contractors will not only get a detailed bill of materials but also the associated costs of each specific item.
- Pro Subscription: An exclusive feature for our premium members, offering advanced product and supplier search and analytics.
- Smart Product Alerts: Stay updated with notifications about changing material prices, exclusive deals, dwindling city inventory, and more.
- Real-time API Integration: Current market estimating tools for contractors often rely on generalized assumptions for product pricing. With our data feed, these tools can tap into real-time local material prices, ensuring accuracy for every zip code.
- Insightful Data Analytics: Catering to Wall Street analysts and competitive research, we're developing tools that shed light on market trends, material costs, and stock levels across both individual stores and entire cities.
And that's just the tip of the iceberg. We are relentlessly pushing boundaries to offer even more innovative solutions. Join us in this transformative journey!
Awards
The company has received multiple recognitions within our industry. In 2022 The BuildClub was chosen by Suffolk Construction – a $6B construction company – to be part of its BOOST program cohort, receiving an investment from Suffolk.
And in 2023, we were selected by Cemex Ventures as one of the top 50 ConTech startups (source). 
The Market & Our Traction
Achieving Five-Star Success With $5M Revenue since 2021 and 70,000 registered customers
The BuildClub launched in March 2021 leveraging its data technology to build an ecommerce store with same-day delivery. In just two years, we sold $5m in building materials.
Wanting to hit hyper scale and recognizing the value of our data and technology, we have decided to focus deeper as a technology company. We have earned over 150 5-star Google customer reviews, and have over 70,000 registered users, attracting as many as 300K unique visitors each month.
*This testimonial may not be representative of the experience of other customers and is not a guarantee of future performance or success.
Why Invest
We’ve Laid The Foundation For Future Growth, Now Come Build With Us!
Building on our own model for success and scaling our national footprint, The BuildClub will soon be expanding nationwide in 15 additional metropolitan markets, and we believe as our volume grows, so will our margins. With support from funding, next steps for the company include developing a subscription model, piloting enterprise offerings, and enhancing our platform’s capabilities to include more customer-facing software tools.
Although The BuildClub has a coveted term sheet from a Silicon Valley venture firm, we want to partner with our customers, contractors, home owners and DIY pros and we’re excited to have you be a part of our big plans. Become an investor with us today!
ABOUT
HEADQUARTERS
530 Lytton Avenue, 2nd Floor
Palo Alto, CA 94301
WEBSITE
View Site
In a sprawling $250B construction industry, inefficiencies plague contractors and homeowners alike. Enter BuildClub, your digital solution. In addition to offering same-day delivery nationwide for building materials, our AI-powered platform eliminates the tedious search across multiple vendors, scanning 15 million items daily to find the best prices and quickest delivery options. Since our 2021 launch, we've amassed $5m in sales and 72,000+ registered users, and a vote of confidence—$4M funding from industry leaders and a top-tier $5b construction firm. Our experienced founder, with 15 patents and a rich tech lineage, stands as the driving force. BuildClub is pioneering the future of construction.
TEAM
Stephen Forte
Founder, Chief Executive Officer and Sole Director
Mr. Forte is an expert in mobile apps and software with 28 patents filed and 15 awarded. Mr. Forte has founded and had meaningful exits from multiple tech startups, has been CEO of public and private companies, managed operations in 63 countries, and led P&Ls from startups to over US$1 billion.
Pavel Kirakosyan
Director of Engineering
Andrew Barron
Operations Manager
Omar Dickens
Operations and Logistics Coordinator
Adrian Trujillo
Customer Service Manager
He oversees all aspects of the sales process and to ensure excellent customer satisfaction. He is responsible for developing and implementing sales strategies, managing sales pipelines, and building strong relationships with customers.
Adrian is a results-driven individual with a proven track record of achieving and exceeding his goals working with our customers, suppliers, and internal teams.
Monica Portillo
Customer Service Manager
Carolina Reyes
Customer Service
Maksym Dicktor
Data Scientist / Python Developer
Maksim's expertise spans a wide range of areas, including Data Analytics, Relational Databases & Non-Relational Databases, Data Structure & Algorithms, Machine Learning/Deep Learning Algorithm, Linux, Big data, Caching mechanisms, Web Architecture, Python, JS, and PHP. He is well-versed in these technologies and has the ability to use them to create innovative and effective solutions.
Throughout his career, Maksim has worked on numerous projects that have allowed him to showcase his talents. He has developed software for a variety of industries, including healthcare, finance, and education. His ability to tackle complex challenges and deliver results has earned him a reputation as a skilled and reliable developer.
With his knowledge, skills, and passion, he has the potential to make a lasting impact on the field of data analytics and beyond.
Maksym works approximately 10-20 hours per week for BuildClub.
Lilit Sargsyan
Test Engineer
Lilit works approximately 10-20 hours per week for BuildClub.
Artur Garbuzyan
Front end developer
Being a developer for him means getting excited when a program runs from scratch and performs its purpose, not being able to rest when there is a bug in the program, and acting to fix it, breathe the world of programming, learn new things, and admire this world over and over again.
Artur works approximately 10-20 hours per week for BuildClub.
Shahen Antonyan
Senior mobile engineer
Shahen works approximately 10-20 hours per week for BuildClub.
TERMS
The BuildClub
Overview
PRICE PER SHARE
$4
DEADLINE
Jan. 9, 2024 at 7:59 AM UTC
VALUATION
$36.96M
FUNDING GOAL
$15k - $1.24M
Breakdown
MIN INVESTMENT
$248
MAX INVESTMENT
$1,235,000
MIN NUMBER OF SHARES OFFERED
3,750
MAX NUMBER OF SHARES OFFERED
308,750
OFFERING TYPE
Equity
ASSET TYPE
Preferred Stock
SHARES OFFERED
Series A Preferred Stock
Maximum Number of Shares Offered subject to adjustment for bonus shares
*Maximum number of shares offered subject to adjustment for bonus shares. See Bonus info below.
Time-Based Perks
Friends and Family - First 72 hours | 15% bonus shares
Super Early Bird - Next 72 hours | 10% bonus shares
Early Bird Bonus - Next 7 days | 5% bonus shares
Volume-Based Perks
Tier 1 Perk — Invest $500+ and receive 5% off first order
Tier 2 Perk — Invest $1000+ and receive 10% off first order
Tier 3 Perk — Invest $5,000+ and receive 10% off first order + BuildClub swag
Tier 4 Perk — Invest $10,000+ and receive 15% off first order + BuildClub swag + 5% bonus shares
Tier 5 Perk — Invest $25,000+ and receive 20% off first order + Zoom call with founder + BuildClub swag + 10% bonus shares
Tier 6 Perk — Invest $50,000+ and receive 10% off all orders for 1 year + BuildClub swag + dinner with founder + 15% bonus shares
*In order to receive perks from an investment, one must submit a single investment in the same offering that meets the minimum perk requirement. Bonus shares from perks will not be granted if an investor submits multiple investments that, when combined, meet the perk requirement. All perks occur when the offering is completed.
The 10% StartEngine Owners' Bonus
BuildClub will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.
This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Preferred Stock at $4 per share, you will receive 110 Preferred Shares, meaning you'll own 110 shares for $400. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.
This 10% Bonus is only valid during the investors eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.
Loyalty Bonus - Loyalty Bonus: Receive 10% bonus shares in BuildClub's current offering on StartEngine if you've (i) previously invested in this issuer, (ii) have previously purchased from BuildClub as a customer; or (iii) indicated interest by signing up to receive news regarding the offering on BuildClubs's domain (iiii) are a member of YPO. Note: Loyalty Bonus is awarded via investor email address and investors who qualify for this bonus in multiple ways will receive maximum 10% bonus shares from the Loyalty Bonus.
Investors will receive the highest single bonus they are eligible for among the bonuses based on the amount invested and time of offering elapsed (if any). Eligible investors will also receive the Owner’s Bonus and the Loyalty Bonus in addition to the aforementioned bonus.
Irregular Use of Proceeds
The Company will not incur any irregular use of proceeds.
NEW UPDATES
11.29.23
Dive Into the Future of Construction with The BuildClub's Latest Innovations!
Stephen Forte here, and I'm excited to share some groundbreaking insights into the world of construction and technology. Just recently, I had the pleasure of participating in a webinar on the "Test. Optimize. Scale.” podcast.
In this discussion, we analyzed the core challenges facing the construction industry and unveiled how The BuildClub is at the forefront of revolutionizing the game. From our state-of-the-art sourcing intelligence platform to the incredible strides in on-demand delivery, we're reshaping the entire construction supply landscape.
Warmly,
Stephen Forte
11.28.23
Google gives BuildClub $100,000 for AI development!
Hi Everyone,
I'm thrilled to announce that BuildClub has been accepted into the Google startup program and given $100,000 in credits that can be used toward our continued AI development. They've already deposited $10k to our account to kick us off.
The program is highly selective, and this is a huge validator having Google on our side! They are an amazing technology partner, and will be continuing to develop on Google's Generative, Natural Language and Document AI platforms for our next generation digital products.
More to come soon!
- Stephen
PRESS
ALL UPDATES
REWARDS
10%
Stack Owner's Bonus & Rewards!
Members get an extra 10% shares in addition to rewards below!
Owner’s Bonus
Owner’s Bonus Members earn 10% bonus shares on top of this and all eligible investments for an entire year. Not a member? Sign up at checkout ($275/year).
$500
Tier 1 Perk
Invest $500+ and receive 5% off first order
$1,000
Tier 2 Perk
Invest $1000+ and receive 10% off first order
$5,000
Tier 3 Perk
Invest $5,000+ and receive 10% off first order + BuildClub swag
$10,000
Tier 4 Perk
Invest $10,000+ and receive 15% off first order + BuildClub swag + 5% bonus shares
$25,000
Tier 5 Perk
Invest $25,000+ and receive 20% off first order + Zoom call with founder + BuildClub swag + 10% bonus shares
$50,000
Tier 6 Perk
Invest $50,000+ and receive 10% off all orders for 1 year + BuildClub swag + dinner with founder + 15% bonus shares
JOIN THE DISCUSSION
0/2500
Irene Kane
a month ago
Hi. Can you post the link to the latest webinar? I heard it was great!
1
0
Edward Zawacki
a month ago
Hi Stephen…Ha! You left us hanging with that last tease update! Waiting somewhat patiently. ;)
1
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Yosef Hertz
a month ago
Hi. I know you mentioned your restricted by compliance for giving YTD revenue (although I've seen many companies do it) but would be releasing SEC doc soon. Will that come out before this round closes in about 15 days? I'm considering a significant investment but its pretty basic due diligence to know how this year is going in comparison to last year, especially with only 2.5 months left in the year.
2
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Josh Grimes
2 months ago
Are you sourcing the new cities by seeking out franchisees? If so, what is the process to become a franchisee?
1
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Yosef Hertz
2 months ago
What is your YTD revenue? Is any revenue recurring and what percentage? TY
1
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MeriJewel Goss
2 months ago
Hi there, When does this current round close? Thank you, Meri
1
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Kevin Rivera
3 months ago
Hi Forte, in Kingscrowd webinar you mentioned delivering to Puerto Rico, do you plan to be fully available in that market? (I’m from Puerto Rico)
2
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Guillermo Hernandez
3 months ago
The 'Technology Webinar' was excellent. Thanks !!! I was very impressed with the whole webinar but specially the map on minute 21 showing an example of the shortage of Insulation materials in Nevada. Every investor should watch it. Very entertainment and informative. I have a silly question using the same example of the Insulation in Nevada: Why not use the system to identify the stores in the States/Cities running low on inventory (of any product) and contact the stores and make the sale ? (As opposed to just waiting for stores to find BuildClub's website). This would be a good way to introduce BuildClub to Retailers and prevent scarcity of some products in many areas. Thanks for all you do to improve the world.
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Edward Zawacki
3 months ago
Hello Stephen! Well done on the webinar…Very informative about how the tech side of BuildClub is so important and game changing in the industry! Thanks! :)
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Crowdfunding
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Edward Zawacki
9 days ago
Hi Stephen….Congratulations on both the LAX Renovation Program and the Air Force contract! Do you expect the LAX project to be a steady revenue stream over the next couple of years and do you hope for this revenue to be sizable? Happy Thanksgiving!
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