Clad
Clad, based in New York, NY, provides contractor management software specifically for the telecom construction industry, aiming to streamline processes such as onboarding, bid management, and invoice approvals.
Company Overview
Clad is a tech company based in New York, NY, USA that operates in the Real Estate and Construction industry, with a specific focus on the Construction sub-industry. The company specializes in providing contractor management software tailored for telecom companies. With a team of three members, Clad is in the early stages of development but aims to make significant strides in modernizing contractor management within the telecom construction industry.
Y Combinator Batch: W23
Clad was part of the Y Combinator Winter 2023 batch, which indicates it received funding and mentorship from one of the most prestigious startup accelerators in the world. Being backed by Y Combinator provides Clad with valuable resources and a network that can help accelerate its growth and development in the competitive market of contractor management software.
Service Offerings
Clad provides a range of services aimed at telecom companies, focusing on contractor management. The software allows telecom companies to find, manage, and pay construction subcontractors effectively. Key features include onboarding, bid management, and invoice approvals. Additionally, Clad's platform enables procurement and construction management teams to manage all aspects of subcontractor compliance and construction spending, helping streamline operations and improve efficiency.
Target Market
Clad primarily targets the telecom construction industry, which is a lucrative $86 billion per year market. The company's software is designed to meet the specific needs of this sector by simplifying and modernizing the way telecom companies handle contractor management. Clad plans to expand its services beyond internet infrastructure to cover all infrastructure construction, aiming to extend its reach and impact in the broader construction industry.
Geographical Reach
Clad operates within the United States of America and the America/Canada regions. While the company is currently focused on the telecom construction industry within these regions, it has plans for broader geographical and industry expansion. By starting in these key markets, Clad aims to establish a strong foundation before extending its services to other areas and sectors.
