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Mercator AI, a Canadian-based tech company, has announced its expansion into the U.S. market, starting with Texas. The company's AI-powered business development tool for commercial general contractors aims to provide actionable data intelligence and real-time updates on early projects and relationships. By analyzing real-time data throughout the development process, Mercator AI helps customers connect with the right people at the right time, saving time and resources on unqualified leads. The company's entry into Austin, Texas, is strategic due to the city's booming construction industry and tech-forward workforce.
Chloe Smith, the co-founder and CEO of Mercator AI, highlighted the importance of empowering mid-to-large sized general contracting firms with AI tools to enhance lead generation and build relationships earlier in the development process. The product streamlines front-office operations, saving an average of two hours daily on research tasks. With plans to expand further in Texas and nationally in the coming years, Mercator AI aims to establish a presence in key markets such as Houston, Dallas-Fort Worth, and San Antonio. The company's innovative approach to utilizing AI in the construction industry showcases the potential for technology to revolutionize traditional processes and drive efficiency.
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