Published on : Feb 25, 2015
The construction business around the world is in the midst of a global boom. The global construction industry is aided by increasing development all over the world, especially in the highly populous and developing countries such as India, China, Russia, Brazil, Argentina, the UAE, South Africa, Australia, etc., in regions showing prosperous economical development such as Asia Pacific including Australasia, Latin America / South America, the Middle East, and certain parts of Africa. The construction industry is thus getting ready to spread its wings into new territories and domains and expand its scope through novel methods.
One of these innovative methods is the Silicon Valley-fication of the construction industry. With most major firms having a strong online presence, many transactions in the construction industry are being held on the Web. Many apps are also popping up to support the digitization of the global construction industry. One of the many apps helping the construction industry increase its online presence is Getable, a new mobile app for major players interested in the construction industry. The app matches construction companies with heavy equipment renters – a Tinder for construction, if you will – and helps both parties gain easy access to the other side with minimal fuss.
The app has raised US$5 million in its first major round of funding. The construction industry in the U.S. is focusing majorly on repairs in existing house repairs. Getable allows construction companies to rent equipment without having to go through the potentially annoying process of calling up every single renter and negotiating the prices. The app grew rapidly from being a renting hub for a wide range of products ranging from bicycles and motorcycles to limousines, to focusing on the construction industry. The app’s builder counts the growth of eBay as a major inspiration for the future of Getable.