StringBean Technologies is a company offering a customizable workflow platform tailored for the Future of Work in facility maintenance and overall infrastructure management. The platform targets to eliminate the costs brought about by the dynamic and inefficient working relationship between property operations staff, inspection organizations, and trade services companies. This inefficiency consumes, on average, 30% to 50% of a property’s operating budget. Moreover, SBT’s innovative workflow management platform quickly differentiates itself through a simple User-Interface and No-Code Workflow Builder that can be mastered in minutes. The platform is already in use at large, well-known real estate enterprises, where the average client saves over 20% in operating costs and administrative time in under a year, resulting in a 200%+ ROI.
SBT focuses on disrupting the norm in highly regulated, thinly staffed, and/or service-rich properties, targeting clients with large pools of distributed labor that must reliably document and validate work performed. The last investment secured by SBT was a $2.45M Seed Round investment in 01 July 2020. The platform addresses the market’s need for change, which has become further accelerated due to rising labor costs, low supply of skilled workers, employee turn-over, and increased administrative burden. It is uniquely positioned to exploit these market dynamics with a secure, proven, and production-grade platform.
SBT was founded in 2017 and is headquartered in the United States. The company operates within the industries of Information Technology, Privacy and Security, Real Estate, and SaaS.
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