Los Angeles, Calif. – October 13, 2021 – Frank App Inc., makers of software that automates the home renovation estimating process, has announced that its equity crowdfunding campaign is closing soon. Hosted on the Wefunder platform, the campaign has raised more than $125,000 in investments to date.
Founders Zach Schlossberg and Dennis Ketcham, themselves home renovation contractors, recognized that project estimating poses significant difficulties for both contractors and homeowners. Contractors spend hours every week – 18 hours, on average – manually creating estimates for jobs they may not win.
Their software, Frank, automates the entire planning process, enabling contractors to generate complete estimates and project plans up to ten times faster than doing so manually. While at the initial meeting with the homeowner, the contractor answers a series of questions in the app and, before walking out the door, has created an initial estimate that gives the homeowner realistic expectations about costs and a clear understanding of what the project will entail. The contractor can later use Frank to generate extremely detailed project plans, including line-by-line pricing, time estimates, labor hours needed, item selections, site photos, and more. Using built-in construction logic, Frank automates busy work and improves accuracy, offering significant benefit to both the contractor and the homeowner.
“We envision a world,” says Schlossberg, “where contractors and homeowners are on the same page every step of the way, and where all tedious office work is automated.”
Frank App Inc. is part of the burgeoning construction tech industry, which saw a 324% increase in investment between 2017 and 2018, from $731 million to $3.1 billion. The Frank App will serve a large market of home renovation professionals, including 650,000 contracting firms, as well as 115,000 interior design firms and 68,000 architecture firms.
To learn more, visit Frank App’s campaign page here before the campaign closes in the coming days.
About Frank App Inc.:
Frank App Inc. was co-founded by a contractor and a former contractor turned software developer. After years of independently running contracting firms, they each came to the same conclusion: Estimating is broken. It takes too long, it’s always done for free, and contractors lose out on jobs because they can’t submit bids fast enough. They dedicated themselves to creating a solution, developing the Frank App to automate the most tedious parts of preconstruction and to generate detailed, accurate estimates and project plans.
Company Name: Frank App Inc
Contact Person: Zachary Schlossberg
Email: Send Email
Address:1019 E.4th Pl.#2117
City: Los Angeles
State: CA 90013
Country: United States