Parspec
Parspec is a technology company that provides AI-powered solutions for product selection, quoting, and submittal preparation in the construction industry, specifically focusing on lighting and electrical products.
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Parspec is a technology company serving sales agents and distributors in the construction industry, with a focus on lighting and electrical products. Their mission is to help customers discover and source the best products and materials for their projects. They offer an AI-powered platform that supports product selection, quoting, and submittal and O&M preparation. Founded in 2021 and headquartered in San Mateo, California, Parspec is backed by leading deep tech and construction technology venture investors.
Parspec's platform is designed to streamline the submittal process and increase efficiency for lighting and electrical distributors. Their platform includes a comprehensive product database with over a million cut sheets from over 1,800 manufacturers, automated part number entry and annotations, and cloud-based document hosting and sharing. These features help to reduce manual tasks, eliminate errors, and speed up turnaround times. Parspec has been successful in helping their customers achieve significant time and cost savings, with many reporting a 50% or greater reduction in submittal creation time.
Mission
Parspec is a technology company dedicated to empowering sales agents and distributors in the construction industry, primarily focused on lighting and electrical products. Their mission is to facilitate efficient and accurate product selection, quoting, and submittal preparation for construction projects by leveraging an AI-powered platform that streamlines workflows and provides access to a comprehensive product database.
Culture
Parspec fosters a collaborative and supportive culture that values innovation, efficiency, and a passion for transforming the construction industry. The company prioritizes its team members, showcasing their expertise and contributions through regular spotlights and engaging with them on a personal level. A strong emphasis on continuous learning and growth is evident, with employees encouraged to explore new ideas and technologies to enhance the company's offerings and drive progress within the AEC industry.
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