Construction tech platform Mooven, announced its launch into the United States, opening an office in San Francisco as the start-up spearheads its global expansion and reshapes the economics of how infrastructure is delivered and the resulting community impact.
What is the market offering of Mooven?
Founded in 2017, the New Zealand tech business successfully cracked the ANZ market amid its efforts to help govt authorities and construction companies implement smarter ways of working to reach the promise of our future cities, faster. Mooven brings the right data and contextual awareness closer to decision makers, enabling them to accelerate the speed at which infrastructure projects are completed, while minimising disruption to local communities.
The insights illustrate the impact on the transport network caused by works, like traffic congestion or noise pollution, and enables teams to plan smarter and adjust when needed.
The US expansion comes at a time when President Biden’s $1 Trillion USD infrastructure bill has been passed, providing significant stimulus funding and growth for the sector, with an intention to repair a backlog in transport systems, modernise existing infrastructure and support the transition to a clean economy. But there is pressure to mobilise quickly.
What were the executive’s thoughts on the expansion?
“There’s an expanding gap between what is being delivered and what is actually needed for transport infrastructure in the US,” said Micah Gabriels, CEO and co-founder of Mooven.
“With 43% of the country’s roads in poor or mediocre condition, these challenges cannot be solved by maintaining the status quo. The industry has suffered flat productivity for decades, with other sectors speeding ahead in line with the digital economy,” Gabriels further said.
“In the past, there hasn’t been enough money to maintain historic roads, nor enough to build new. We’ve seen the US treat infrastructure investment as a political football, but now the challenge is to spend Biden’s stimulus efficiently. But, this is a challenge in a sector McKinsey identifies less than 3% of projects are completed on time and in budget, due to historical inefficiencies that have too long impacted the way construction outfits work,” Gabriels said.
“In a political environment where complaints and public opinion matter, the pressure is on to implement wider productivity benefits and make sure progress can occur without grinding cities to a halt. Mooven comes in as firebreak, providing context that spans far beyond what it has previously relied on, so teams can work faster and smarter,” Gabriels further added.
How will Mooven approach the task at hand?
Located in San Francisco, Mooven’s US office will focus on the west coast of North America, with the area frequenting heavier traffic congestion, and less developed public transport.
“Our experience in ANZ put us in a unique position to export our advanced IP and knowledge to a similar but much larger market. The US, like ANZ are unusual in the developed world with large road networks per capita and relatively low public transport usage,” said Gabriels.
The firm will capitalise on its ANZ client base with a presence in the US market – including Lendlease, Transurban, Jacobs, AECOM and WSP – to spearhead its goal of achieving a 20% increase in US infrastructure delivered for the same budget. Breaking into the United States, according to Gabriels, will position Mooven to make a material and lasting impact on how infrastructure is delivered, so it can achieve its mission of creating space for cities to thrive.