Tech Scenes Unplugged

In this episode of Tech Scenes Unplugged, hosted by Jeff James Martin, Forest Flager, CEO and Co-founder of Parspec, shares insights on how his company is transforming product selection and procurement in the construction industry.

Key Takeaways:

• Parspec uses AI to streamline product selection for construction distributors, making the process quicker and more efficient.
• Forest’s background in architecture and construction influenced his motivation to create Parspec.
• Building strong relationships within teams and understanding cultural differences in feedback are key to success.
• Investors appreciate transparency, and having a clear vision is essential for attracting top talent.
• The construction industry is traditionally slow to adopt new technologies, but AI is transforming product selection.
• Fundraising lessons include the need for clear communication and understanding the challenges faced by the company.