Next in line for my set of interviews with MetaProp’s PropTech accelerator companies is with Niran Shrestha, from onTarget.
onTarget’s web and mobile Construction analytics software promises to streamline the currently time-consuming and fragmented Construction industry with one central visual interface that will bring efficiency into the renownedly techphobic sector.
METAPROP PRODIGY: ONTARGET
1. WHAT MADE YOU APPLY FOR THE METAPROP IN THE FIRST PLACE AND WHAT IS YOUR ULTIMATE AMBITION DURING THE TIME YOU HAVE THERE?
I met Zach through Dave Lerner, who is the Director of Entrepreneurship at Columbia Startup Lab. Both Aaron and Zak come from a background of Real Estate and Construction, with immense knowledge and network, NYC being the hub of Real Estate and Construction in the US.
Zach is a thought leader in the industry, with investments in very innovative and disruptive Real Estate and Tech companies, and, as such, I couldn’t be more excited about working with Metaprop.
Our ultimate goal is to grow and scale our company. September has been great, with double digit growth with several ENR Top 10 companies onboarding, partnerships, and growing our team with world’s best engineers and sales professionals.
2. WHAT IS ONTARGET ALL ABOUT AND WHAT PROBLEM ARE YOU TRYING TO SOLVE?
onTarget is a web and mobile-based construction scheduling platform, which enables on time and on budget delivery of projects, by collecting real time data from various teams, software and processes.
The Construction industry is plagued with cost and time overruns. We lose $250bn in a $1tn Construction industry due to fragmented teams, data and software. onTarget integrates, through in-built capabilities and partnerships with external applications for 3D models, project management, document management, and real-time communication. This provides a singular visual interface for the entire team, for timely and efficient execution.
Imagine an orchestra, where the conductor is conducting a symphony and keeps track of the various musicians in real-time. Similarly, onTarget is the conductor of the Construction project that enables harmonious collaboration between General Contractors, Contractors’ Subs, Architects and Owners.
Using their mobile app, project managers in the field stay updated on mission critical schedule activities, and have an ability to visualize the exact location in the virtual model. Progress and bottleneck is communicated in real-time, ensuring accurate reporting of data and saving hours of time previously spent on paperwork. The result is real-time, data-driven actionable insights that save time and cost.