TestFit Inc., the maker of interactive AI-powered real estate feasibility software, today announced it has been named “Overall Construction Tech Solution Of The Year” in the annual PropTech Breakthrough Awards program conducted by PropTech Breakthrough, a leading independent market intelligence organization that evaluates and recognizes standout real estate technology companies, products, and services around the globe.
TestFit’s real estate feasibility platform makes it simpler to perform site planning for developers, architects, and contractors so that they can save time on site planning, maximize site potential and get the right deals done fast.
TestFit automates manual tasks such as counting parking stalls and calculating yield on cost by generating concept iterations based on parametric input. From multi-family and single-family developments, to industrial buildings, mixed-use, master plans, and parking, their AI configurators optimize the best design solutions with real-time insights into design, cost and constructability.
The newest TestFit 4.0 allows for multiple configurators on one site, so teams can use its regions tool to create mixed-use developments, industrial park, office park, and so much more.
“The deal process is broken, and TestFit has set out to change that. I watched as the industry spent millions each year on just one task, like drawing parking spaces manually. In addition, architecture, engineering, construction, and real estate teams typically work in silo,” said co-founder and CEO of TestFit, Clifton Harness. “By automating monotonous, error-prone steps in the deal process, we’re also de-risking the most complicated assets the world has ever built. We’re proud that we were selected for this award.”
The mission of the annual PropTech Breakthrough Awards program is to conduct the industry’s most comprehensive analysis and evaluation of the top technology companies, solutions, and products in the real estate technology industry today. This year’s program attracted more than 1,700 nominations from over 12 different countries throughout the world.
“TestFit is reinventing the development process by creating automation that helps deal teams visualize various schemes and compare their design, constructability, and cost in seconds. We think this is an important breakthrough in the industry, and we’re pleased to name TestFit ‘Overall Construction Tech Solution of the Year,’” said Bryan Vaughn, Managing Director of PropTech Breakthrough Awards. “Their real estate feasibility platform with real-time insights on design, constructability, and cost for developers, architects, and general contractors helps to get the right deals done faster.
TestFit is the leading real estate feasibility platform for developers, architects, and contractors to realize the full potential of land through trusted automation. Over 650 deals are evaluated every week on the TestFit platform. Our AI configurators optimize the best design solutions for every site with real-time insights into design, constructability, and cost so the deal team can save time on site planning, reduce risk on acquiring deals and increase site potential. Headquartered in Dallas, Texas, TestFit is made up of a remote team of industry professionals around the world. Learn more at TestFit.io.