We are honored to announce that Tread has been selected by CEMEX Ventures as one of the Top 50 most promising Contech Startups in 2024. This recognition further validates our important role in supporting the construction industry with powerful yet simple technology to optimize every aspect of the construction materials supply chain.
CEMEX Ventures, a leading corporate venture capital entity, has long been at the forefront of innovation within the construction industry. Launched in 2017, the venture arm of Cemex, Cemex Ventures focused on helping overcome the main challenges and capitalizing on the opportunity areas in the construction ecosystem through solutions that tackle challenges in the construction environment and shape the industry’s future.
Selected for our innovation in construction materials "Agility" (construction materials supply chain), Tread is bringing efficiency and optimization to the end-to-end construction process, from order to dispatch to driver pay. With a purpose-built app for web and mobile, Tread enables construction materials logistics teams to quote and place orders, schedule and dispatch drivers, and reconcile tickets and pay drivers – all in one place – from anywhere at any time.
Bringing construction materials innovation to all of our customers is a passion for us. We're proud that our valued customer CEMEX is aligned in this mission. While the venture arm award was separate from CEMEX and its relationship to us as a customer, we are always excited to be recognized by the innovative company that shares the same passion for innovation with us.
The Future of Construction
The construction industry faces heightened pressure to innovate. According to CEMEX Ventures' list, startups have emerged as crucial stakeholders in helping to solve some of the industry’s leading pain points, leading its evolution.
Cemex Ventures notes that "through clear and intuitive design, outstanding customer experience, and world-class support, Tread works across time zones and geographies to transform the construction industry." This statement highlights our commitment to providing user-friendly solutions that cater to the diverse needs of the construction sector.
Tread’s innovation focuses on three key areas:
Ordering & Quoting
Tread simplifies the process of ordering construction materials. Our platform allows users to easily take and place orders. This is further streamlined by the use of rate cards and connected accounts, where saved data significantly reduces the time of completing a new order and getting a job started.
Dispatch & Scheduling
Managing the scheduling and dispatch of drivers is a critical aspect of the construction materials supply chain. Tread's innovative solution streamlines this process, ensuring that drivers are dispatched efficiently, routes are optimized, and deliveries are made on time. Our live truck tracking enables all stakeholders to see where their order is at all times and also ensures drivers are paid for time worked and materials delivered.
Client Invoicing and Driver Pay
Tread doesn't stop at order placement and dispatch. We also facilitate client invoicing and driver payments. Our platform simplifies these financial transactions, ensuring that everyone involved in the supply chain is compensated promptly and accurately.
Tread's Commitment to Innovation
The construction industry is undergoing a significant transformation, and innovation is the key to its future success. Cemex Ventures recognizes the crucial role that startups like Tread play in addressing the industry's pain points and driving its evolution.
Tread's recognition as one of the Top 50 most promising Contech Startups of 2024 by CEMEX Ventures is a proud moment for our team. It validates our dedication to optimizing the construction materials supply chain and making the construction process more efficient. We understand the challenges that the construction industry faces, and we are determined to continue innovating to address these challenges effectively.
We thank CEMEX Ventures for this recognition and look forward to contributing to the industry's growth and success in the years to come. Join us on this journey as we pave the way for a more agile and efficient construction future.
Read On
