For Immediate Release: February 15, 2016
Digital Construction Binder Startup ProMaterialSolutions™ Raises $1.8 MM in Series A Funding
Two Venture Capital Funds and Industry Leaders Lead Round to Accelerate Innovation and Product Development
February 15th, 2016, Chicago, IL (USA) – ProMaterialSolutions, Inc. (www.ProMatSolutions.com), the digital project
binder startup that launched to reinvent how contractors, subcontractors, and the commercial
construction industry create required project documents, announces the close of a Series A funding
round. With sales growing month over month, ProMaterialSolutions has quickly caught the attention of an
oftentimes antiquated commercial construction design industry.
ProMaterialSolutions™ announced that it closed a $1.8 million Series A funding round led by two VC funds,
Chairman of one of the largest general contractors in the US, two major design firms and three
“This diverse pool of financial and industry experts investing in ProMaterialSolutions have helped build a
platform that truly benefits the commercial construction industry,” stated Jerry Freeman, CEO of
ProMaterialSolutions. “As we invested in technology and scaled our innovative solution, over 15,000 firms
have now utilized our platform to improve their businesses and processes.”
In October, ProMaterialSolutions launched ProMat Binder, the first digital solution for commercial construction
and design firms to utilize in building their submittal and closeout binders, and now has over 50
customers. For as little as $30 per project, the patented platform automates the time-consuming and
legally required job of gathering thousands of product documents, images, and descriptions prior to
a firm building a project. This immense task traditionally takes on average 30 hours to complete and
has now been reduced by ProMaterialSolutions to less than five minutes for the average project.
ProMaterialSolutions will raise a B Round in 2016 (email@example.com), allowing the company to
continue building their Sales and Marketing teams, advance new technology to address core
commercial construction industry markets, and scale revenue beyond its current customer base,
which includes innovative companies like Bonitz, HITT Contracting, Maryl Group Construction,
Noland Sales, and Vortex Commercial Flooring.
Mr. Freeman added, “We are fortunate to have an outstanding board of directors with a vast array
of knowledge helping to guide our company. With their active participation and that of our strategic
investors, we will continue revolutionizing our multi-billion dollar industry.”
For Immediate Release: February 7, 2016
Digital Construction Binder Startup ProMaterialSolutions™ Awarded First Patent
Innovative Technology Disrupts Multi-Billion Dollar Commercial Construction Industry
January 05, 2016, Chicago, IL (USA) – ProMaterialSolutions (www.ProMatSolutions.com), the digital project binder startup that launched to reinvent how the commercial construction industry creates required project binders, documentation, and orders samples, was recently awarded U.S. patent 9,299,621 B2 for its Electronic Palette System.
ProMaterialSolutions’s platform leverages a database of architectural products to easily create a virtual design palette,
reducing the time to produce binders from 30 hours to 5 minutes. The system’s unique digital architecture
enables the creation of legally required project binders, which can be configured in a multitude of ways. In
addition, the system allows for the download of important documentation and the efficient ordering of
According to Jerry Freeman, IIDA, CEO of ProMaterialSolutions, Inc., and the inventor of the electronic palette system,
“The innovative technology our team has built continues to resonate with customers across the commercial
construction industry. With this revolutionary platform, our customers can build binders in a fraction of the
time, saving resources, and producing binders that are available anytime, on any device and to anyone
involved with the project - forever.”
The solution is both simple and powerful, allowing customers to configure a submittal or closeout package
with some or all of the following documents: product page, specification sheet, installation instructions,
maintenance instructions, warranties and MSDS/SDS sheets.
Freeman also states, “With over 85% customer retention and significant month over month growth rates,
ProMaterialSolutions is clearly addressing an industry pain point. We have simply automated the arduous process of
collecting data and providing the necessary documents to build a commercial construction project. This patent
further validates our efforts and I could not be more proud of the team.”
In 2016, ProMaterialSolutions will continue addressing additional strategic markets by leveraging its SaaS solutions and
industry-leading product database to help contractors, subcontractors, design and architectural firms, and
others produce improved results for their customers at an even more efficient rate.
For Immediate Release: Monday, December 19, 2011
ProMaterialSolutions™ – Released today and available online for free!
Released and available online today for free is ProMaterialSolutions™
a digital design program that is a virtual library of architectural manufacturer products. The program will allow the user to quickly sort through hundreds of thousands of products by entering project data, and the unique ProMaterialSolutions™
filtering system eliminates unnecessary product options. Products can also be searched by type, sku or style, such as broadloom carpet versus carpet tile. All product samples can be quickly and efficiently ordered in seconds with the click of a button.
“We are very excited to be able to present this new design tool to architects and interior designers.“ said ProMaterialSolutions™
creator Jerry Freeman. “In the past month, we have made presentations to several nationally recognized design firms in New York and Chicago and we have received a lot of positive feedback and many that we have met with have been anxiously awaiting its arrival.”
will change the way architects and designers pull together products for client palette presentations. The average client presentation palette has 10 to 18 products. Between researching and reviewing products, ordering samples, waiting for sample delivery and pulling the palette together, it can take a designer or architect anywhere between 12 to 17 hours to have a palette completed for a client presentation. Many design firms are finding themselves strapped for time, given the reduction in staff and that the cost of maintain a resource library in this economy may be greater than they can afford.
program will drastically reduce the time it takes to create a palette from hours to mere minutes, without the expense of an actual library. The designer can use the ProMaterialSolutions™
unique filtering system to search for products or they can simply and quickly sort through their own product libraries that they create in the program.
In 2012, ProMaterialSolutions™
team members will be scheduling visits at design firms and schools throughout the United States to talk about the program. “Speaking directly to the designers and architects has been a very important aspect in the development of ProMaterialSolutions™
; we want to make sure that we are providing program functions that the users are looking for and need.” explained . “We take the users opinions very seriously.”
will also be releasing an App program for iPad and Android users, as well as launching ProMaterialSolutions for Canada, Central and South America and Europe in 2012.
ProMaterialSolutions Corporate Communications Department: firstname.lastname@example.org