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Materialspace

Category: AI in Supply Chain / Logistics

An AI-powered pre-construction platform that automates material takeoffs, pricing, and bidding by extracting technical data from architectural plans and specifications. Materialspace was founded in 2023. The company is led by Amit Gilon. Based in Tel Aviv, Israel. Team size: 11-50. Total funding raised: $7.0M. Latest round: Seed. Key investors include ["Vertex Ventures Israel","Entrée Capital","StageOne Ventures"].

Founded
2023
Headquarters
Tel Aviv, Israel
Team size
11-50
Total funding
$7.0M

Value proposition

Reduces the time required for manual plan analysis and material estimation from weeks to minutes, minimizing human error and accelerating the sales cycle for construction vendors.

Products and solutions

["AI-Driven Plan Reader (Automated Blueprint Analysis)","Automated Material Takeoff (MTO) Engine","Dynamic Pricing & Bidding Workflow Tool","Vendor-Contractor Collaboration Portal","Supplier Catalog Integration System"]

Unique value

Specifically targets the 'finish materials' niche of pre-construction, bridging the gap between unstructured architectural drawings and structured procurement data using specialized AI.

Target customer

Finish material vendors (e.g., kitchen and bath), trade contractors, real estate developers, and general contractors.

Industries served

["Construction","Real Estate (PropTech)","Building Materials Supply Chain","Interior Design & Architecture"]

Technology advantage

Leverages a proprietary pipeline of Computer Vision and Large Language Models (LLMs) trained on domain-specific construction documents to achieve high-precision data extraction from complex PDFs and CAD files.

How they differentiate

Specialized focus on 'finish materials' (e.g., kitchens, flooring, bathrooms) and automating the vendor-side bidding workflow rather than just general contractor takeoffs.

Main competitors

["Togal.ai","Kreo","STACK Construction Technologies"]

Key partnerships

["Vertex Ventures Israel (Lead Investor)","Entrée Capital (Investor)","StageOne Ventures (Investor)","Strategic pilot partnerships with leading Israeli and US-based construction material suppliers"]

Notable customers

["Strategic pilot partnerships with leading Israeli and US-based construction material suppliers"]

Major milestones

["Founded in 2023 by twin brothers Amit and Eyal Gilon","Successfully raised $7M Seed round in January 2024","Launched AI-driven plan reader for automated blueprint analysis","Established initial commercial pilots with US-based vendors"]

Growth metrics

Grew to a team of 11-50 employees within the first year; expanded operations from Tel Aviv to target the US construction market.

Market positioning

Niche AI specialist in pre-construction procurement and material estimation.

Geographic focus

Israel, North America

Patents and IP

No registered patents publicly disclosed as of latest update; likely operating under trade secret protection for proprietary AI models.

About Amit Gilon

Amit Gilon is the Co-Founder and CEO of Materialspace. He previously served as a Product Manager at Google (2020–2023) and was a Captain in the IDF's elite intelligence Unit 8200 (2014–2020).

Official website: