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construction tech Faber
November 13, 2022

How construction tech company Faber is building its presence in the lucrative U.S. market

In their younger days, Vancouver natives Sebastian Jacob and John Reid worked as carpenters but often lacked a reliable way to find consistent work.

“It was either going off of Craigslist, where you really didn’t know what you were getting into, or through a family friend or an uncle in the industry who knew someone looking for an extra hand,” Mr. Reid says.

In 2016, both found permanent roles with food delivery platform DoorDash – which connects local restaurants with gig economy delivery drivers – and quickly identified that construction and trade workers could benefit from a similar solution.

“We learned a lot about the marketplace model, the two-sided gig economy business model, and kind of applied that logic to the construction industry,” Mr. Jacob says.

“We wanted to give anyone a chance to find a job in construction and make it super easy to apply,” Mr. Reid adds.

After just a few months at DoorDash, the pair left to found Faber Technologies in 2017. Their platform, Faber Connect, applied the two-sided market model to the construction industry, connecting general contractors and subcontractors to non-unionized carpenters, labourers and other skilled trade workers.

After gaining some traction in the Vancouver market, the co-founders began considering opportunities to expand, and their research ultimately pointed south.

Keep reading on theglobeandmail.com


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