December 11, 2019

• Three leading companies in the construction, consulting services, business, and innovation fields release their list of solutions in the construction ecosystem designed to transform the industry.

CEMEX Ventures, CEMEX’s Corporate Venture Capital Unit, Boston Consulting Group (BCG), a global management consulting pioneer, and Tracxn, a startup and emerging innovation sector monitoring platform, announced today their list of the 50 most promising startups in the construction ecosystem of 2019.

The alliance of these three leading companies aims to explore and promote new solutions in the global construction industry. The solutions are framed in three verticals that consider the entire construction value chain, from beginning to end:

• Project design and engineering, optimization, digitization, and project planning, using innovative solutions that provide techniques to maximize efficiency and quality.
• Project and jobsite management, productivity improvement, efficiency, and quality on a daily basis. Promotion of communication plans, jobsite monitoring, and working capital cycle improvement.
• Sustainable and innovative building materials and construction techniques, enabling more economic, faster, and better functional developments.

The 50 startups were selected for their potential to disrupt and solve the main challenges of the global construction industry. The technologies and techniques that dominate the selected solutions are Software as a Service (SaaS), industrialized construction, and hardware—robotics. Though the analysis does not have any geographical restrictions, the U.S., UK, Canada, Switzerland and Spain are prominent in the list.

For more information about the list of TOP50 Construction Technology Startups of 2019, please visit: https://www.cemexventures.com/top-50/
 

CEMEX Ventures
Launched in 2017, CEMEX Ventures focuses on helping overcome the main challenges and capitalizing on the opportunity areas in the construction ecosystem through sustainable solutions. CEMEX Ventures has developed an open collaborative platform to lead the revolution of the construction industry, engaging startups, entrepreneurs, universities, and other stakeholders to tackle the challenges in the construction environment and shape the industry’s future. For more information on CEMEX Ventures, please visit: www.cemexventures.com.

Boston Consulting Group
Boston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. BCG was the pioneer in business strategy when it was founded in 1963. Today, we help clients with total transformation—inspiring complex change, enabling organizations to grow, building competitive advantage, and driving bottom-line impact.

To succeed, organizations must blend digital and human capabilities. Our diverse, global teams bring deep industry and functional expertise and a range of perspectives to spark change. BCG delivers solutions through leading-edge management consulting along with technology and design, corporate and digital ventures—and business purpose. We work in a uniquely collaborative model across the firm and throughout all levels of the client organization, generating results that allow our clients to thrive.

Tracxn
Founded in 2013 by ex-Venture Capitalists, Tracxn is one of the world’s largest platforms for tracking Startups, Private Companies and Emerging Innovative Sectors. It is powered by a unique combination of human analysts and artificial intelligence technology that scans through billions of data points to build one of the most relevant data intelligence platforms. Tracxn works with over 6000 subscribers in over 40 countries across the world. The clientele includes Venture Capitalists, Private Equity Funds, M&A and Innovation teams of Fortune 500 companies and Investment Banks. Tracxn platform is also used by the various Governments, Accelerators, Incubators and Universities for tracking innovative companies and sectors. Tracxn has featured in Forbes Top 100 Global Analytics Startup List (2015), and Fortune 40 under 40 (2018).
 

This release and any information contained herein has been prepared for the sole purpose of publishing a list about the companies that according to its authors' opinions are the most promising of year 2019 within the construction technology startups sector.

The list, the criteria followed in its drafting and the rest of the information contained in this release cannot be considered as legal, accounting, financing, tax or other sort of advice, and they do not consist of recommendations intended for any sort of investment. The authors are not obliged to update or correct the information contained in this release after this date even if the information devenes obsolete or it is incorrect. The authors are not responsible for the content of any third-party websites or web pages referenced or accessible through this release.

Additionally, none of the third-parties may (and will not be reasonable that they would) rely on the information contained in this release for any purpose. To the extent permitted by law (and unless otherwise provided in a document signed by the authors), the authors will not be, under any circumstances, liable against third-parties. Accordingly, all third-parties hereby renounce to exercise any right and file any claim against the authors with respect to this document, the information contained herein (including that related to the accuracy and comprehensiveness of the information) or its related material. The reading of this release will entail that the third-party acknowledges, accepts and agrees to the aforementioned.