Parspec builds software for the construction industry. Its platform uses artificial intelligence to digitize and organize product data, addressing a process that has historically been manual and paper-intensive. The company's tools are designed for professionals in the mechanical, electrical, and plumbing (MEP) sectors, as well as the broader construction field.
The company's main products serve specific workflows. Product Finder helps users identify alternatives that meet project specifications. The Quoting tool is built to accelerate the creation of bids. A Submittals automation feature aims to reduce a process that traditionally takes days to one that takes minutes.
The team at Parspec is composed of both technologists and veterans of the construction industry. The company's stated mission is to improve how product selection, quoting, and submittals are handled in its target sectors.