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Tagged: bid-management

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Founder · Executive · Operator

Jon Sibley

Jon Sibley is the Founder and CEO of TrueBuilt Software, an AI-native preconstruction platform headquartered in Huntington Beach, California. A former NCAA Division I water polo player at UC Berkeley and Team USA competitor, Sibley translated elite-sport discipline into enterprise software sales at Quid and Visa before founding TrueBuilt in July 2022. The company raised a $4 million seed round in 2023 led by Bienville Capital with participation from Fifth Wall, and in late 2025 acquired Capabuild — a mobile field documentation platform — driving a 124% revenue increase in three months post-close. TrueBuilt consolidates what was once a fragmented 6-8 tool preconstruction workflow into a single AI-powered platform serving general contractors and subcontractors.

construction-tech · aiRead →

Company

Ai · Saas · Enterprise

Parspec

Parspec is an AI-native software platform that automates product selection, quoting, and submittal preparation for distributors and sales agents in the construction supply chain. Founded in 2021 by Stanford researchers Forest Flager and Pratyush Havelia, the company indexes millions of manufacturer product documents and turns hours of manual paperwork into minutes. It has raised $31.5M to date and counts four of the five largest U.S. electrical distributors among its customers.

ai · construction-techRead →