Struko

AI-powered scanning of construction contract documents before calculation.

Lappeenranta, Finland MVP LaunchedBusiness ID: 3630749-3

Summary

Struko AI is developing a tool to mitigate risks in construction project bidding by automatically scanning hundreds of pages of contract documents. It identifies critical clauses and discrepancies that are often missed during manual review due to tight deadlines. This helps prevent costly errors that can erode a project's profit margin. The company is targeting small to medium-sized construction firms in Finland.

Problem

In construction bidding, the profit margin is slim, but the documentation is extensive. The person calculating the bid has only a few days to go through hundreds of pages of reports and appendices. Critical and costly conditions are often single sentences hidden in the text (e.g., a five-year additional liability for soil conditions). What isn't read is priced by guessing, and a single missed sentence can cost tens of thousands, directly from the profit margin.

Solution

Struko AI scans all contract documents and produces two key outputs: 1) A list of findings, categorizing contractual terms that the calculator needs to check by three severity levels, and 2) A calculation memo in Word format, highlighting contradictions and ambiguities, ready for discussion with the developer. This process ensures that critical terms are not missed.

Market

The initial target market is Finnish construction companies with a turnover of less than €10 million. The company aims to address the specific document practices within the Finnish construction industry.

Customers & users

The target customers are construction companies with less than €10M in revenue, employing one or two calculators, often the CEO themself. The product validation was conducted with a construction manager from YH Kodit.

Competitive advantage

Unlike general-purpose AIs which cannot handle large documents or be trusted with sensitive data, and calculation software that prices data, Struko AI reads and understands the specific nuances of Finnish construction contract documents from PDFs. Its true competitor is the current manual review process, which is slow and prone to error. The company that masters Finnish contract documentation practices first will have the advantage.

Traction

Market validation has been completed through an interview with a construction manager at YH Kodit, whose examples guided the product's quality criteria. An interview was also conducted with Kymppirakenne, who provided their contract folder as test material. A contract package including a service agreement, NDA, data processing agreement, and technical information security appendix is ready for pilots.

Competitors

Manual review
8root
document crunch

Pitch deck

Pitch deck will be visible when you log in.

Sign up / Sign in