fundraising, the company hopes to take another significant step forward,
allowing it to scale and grow further. Czech SFG Holding contributed £175k
towards the target amount. The startup hopes the investment will help with
product scalability and reach a break-even point. "We estimate that we
will reach the mentioned point in the first quarter of 2022, thanks to the
investment being made we can retain our costs on the same level while
increasing a higher number of visits to the site," confirms the
founder of Buildiro Polach.
plans to introduce a new business model that will allow construction firms to
search for material similarly, to airline tickets on online platforms. "The
customer will be redirected to the e-shop or supplier's site, where the
purchase will be facilitated directly at the partner’s online web page. This is
a change from the original version where the customer bought everything on the
Buildiro site, however, the business model was unsustainable due to its cost
complexity," says Polach.
Source: CIA News