StringBean Technologies

StringBean Technologies

Real Estate

Valley Stream, New York 619 followers

Customizable workflow platform for the Future of Work in facility maintenance and overall infrastructure management

About us

StringBean Technologies (“SBT”) is quickly becoming a dominant “smart city” application for facility operators. SBT eliminates the costs brought about by the dynamic and inefficient working relationship between property operations staff, inspection organizations and trade services companies. These inefficiencies consume on average 30% to 50% of a property’s operating budget. SBT’s platform is in use at large well-known real estate enterprises. SBT’s innovative workflow management platform quickly differentiates itself through a simple User-Interface and No-Code Workflow Builder that is mastered in minutes. Property managers can quickly create, customize, and automatically monitor any data or document intensive process, and the average client saves over 20% in operating costs and administrative time in under a year (a 200% ROI). SBT focuses on disrupting the norm in highly regulated, thinly staffed and/or service rich properties. SBT targets clients with large pools of distributed labor that MUST reliably document and validate work performed. This target market is hampered by older and less-flexible work ticketing systems, and many other disparate manual record-keeping tools (e.g., paper, MS Excel, Google sheets and other single-point solutions). Aside from these costly legacy systems, the need for change has become further accelerated recently due to rising labor costs, low supply of skilled workers, employee turn-over, and the increased administrative burden born from growing risk management and regulatory reporting requirements. SBT is uniquely positioned to exploit these market dynamics with a secure, proven and production grade platform.

Website
http://www.StringBean.tech
Industry
Real Estate
Company size
11-50 employees
Headquarters
Valley Stream, New York
Type
Privately Held
Founded
2017
Specialties
Workflow Management Platform, Facility Management, Real Estate Management, Commercial Real Estate, Proptech, Inspection Tool, Building Rounds, Preventative Maintenance, Reporting, Analytics, Quality Assurance, Accountability, Construction Management, Site Safety, Special Inspections, ISO9500, Equipment Checklists, Service Company, Audio-Visual Checklist, and Supervision

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Funding

StringBean Technologies 3 total rounds

Last Round

Seed

US$ 2.5M

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