Fresco is an AI-powered takeoff and estimating for Division 8 construction (doors, frames, and hardware). Estimating Division 8 has always been brutally manual: flipping through hundreds of pages of specs, cross-referencing hardware sets, and building out schedules by hand.
Fresco is a Y Combinator company in the Fall 2024 batch. Its directory entry describes it as: AI copilot for construction estimators. The founders listed are Arvind Veluvali (Founder/CEO), Akhil Gupta (Founder/CTO) (Y Combinator directory entry, October 23, 2024).
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New accelerator entry · 2024-10-23 · the record
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Same batch, Real Estate and Construction first.
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Fresco is an AI-powered takeoff and estimating for Division 8 construction (doors, frames, and hardware). Estimating Division 8 has always been brutally manual: flipping through hundreds of pages of specs, cross-referencing hardware sets, and building out schedules by hand. A single missed door or misread hardware group can kill a bid's margin. Fresco automates the entire takeoff process with 99% accuracy, cutting the time estimators spend on takeoffs by 70%. We've processed 3,000+ takeoffs for general contractors and Division 8 subs, and we're becoming the system of record for how this trade gets estimated. Division 8 is our beachhead: it's complex enough that AI creates massive value, and siloed enough that the incumbents haven't solved it. We're starting here and expanding across the spec trades.
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Example from a real report (our sample on Target): “Target eliminated approximately 1,800 corporate positions, with around 1,000 employees receiving layoff notices and the remainder accounted for by eliminating open roles.” Source: NBC News
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