Quake invests in companies that provide solutions to real world problems. Take Harness, a company that is dedicated to eradicating the outdated and time-consuming record systems used by the construction industry. Founder and CEO Tom Whitaker founded Harness to solve a problem that many people, including his wife, deal with every day. An abundance of paperwork and no proper record-keeping system mean paper, time, resources, and money are all being inefficiently used, a problem that affects the construction industry most of all. As most contractors have no real expertise in building or using software technologies, their industry is being left behind by the technological revolution that is digitizing everything.
Tom believes that construction is “the last frontier of technology” and he’s right. A recent study by Texas A&M University found that “construction professionals have been slow to adopt mobile apps, cloud-based systems and other technologies.” Results of this survey, published in The 3rd Annual Construction Technology Report by A&M construction science faculty members Ben Bigelow and James Benham, showed that the average construction company’s information technology budget allocation is lower than any other industry’s and that only 4.1% of construction professionals use two-way cloud and server-based data transfers during project phases. Harness aims to digitize the construction industry so contractors are no longer left behind in the tech race. It helps construction companies to better manage their health & safety program and replace paper forms, track worker training, and store needed documents in a seamlessly integrated mobile app.
With over 24M workers and 600,000 employers, construction is one of North America’s largest industries-- and it desperately needs a technological revolution. Harness is finally taking the reins and making life easier for those tens of millions hard at work.