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Provision

Ironclad for construction

Provision is building the contract analysis platform for construction. Instead of manually reading through thousands of pages of documents and revisions, Provision organizes and extracts information so constructors can save time and reduce the cost of future mistakes.

Jobs at Provision

Toronto, Canada
$140K - $170K CAD
0.50% - 1.00%
3+ years
Toronto, ON, CA
$150K - $190K CAD
0.75% - 1.00%
6+ years
Provision
Founded:2022
Team Size:4
Location:Toronto, Canada
Group Partner:Gustaf Alstromer

Active Founders

Luigi La Corte

Luigi is the co-founder and CEO of Provision. Before co-founding Provision, he worked in the construction industry for seven years between Arup (a multi-disciplinary engineering design firm) as a civil engineer and Plenary (infrastructure developer) as a Director. He managed $3B+ of large infrastructure projects with some of the most sophisticated stakeholders across the value chain (owners, GCs, sub-contractors, facility managers).

Luigi La Corte
Luigi La Corte
Provision

Brendan Ardagh

Brendan Ardagh
Brendan Ardagh
Provision

Company Launches

We’re Brendan and Luigi and we’re the co-founders of Provision.

Problem
The construction industry spends $500B annually (~4% of market value) on issues stemming from document complexity. Documents are becoming longer, harder to read, and contain obligations that go unchecked eroding profitability. Currently, people use CTRL+F to navigate thousands of pages and Excel to extract information, often resulting in missed obligations, and unexpected costs.

Need
Construction professionals need to understand and manage all of the requirements held within these documents, because missing them means delays, budget overruns and even failed projects.

Enter Provision
Provision ingests contracts, specs and drawings, and gives users tools to manage risks, obligations and compliance.

Backstory
Both Luigi and Brendan worked in the construction industry for years before starting Provision. Brendan left the industry, and built two startups over a couple of years but always had aspirations to go back to construction. Luigi worked as a Director at an infrastructure developer for 6 years, where he saw even the most sophisticated constructors fail to understand their documents. We came together in December of 2021 through YC to build something impactful.


Ask
Upvote this post! :)

And if anyone has any warm connections to GCs or subcontractors in North America who builds big projects (50M+), we would love an intro. founders@getprovision.co

Also, we’re hiring for Data Engineer and SWE roles. careers@getprovision.co

Follow us on LinkedIn, and drop us a line if you want to chat.

Thanks!