VendorPM founder Emil Brill discusses the scale and annual revenue of his initial window cleaning business prior to selling it.
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“Roughly a million a year was where we were sitting.”
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More from Emil Brill
AssertionSupported
Brill: North American commercial building services spending exceeds $400 billion annually
“How much are they spending on literally every other building service? Okay, and that number annually in North America is over four hundred billion dollars.”
Emil BrillApr 15, 2022▶ 3:565000 Building Owners Manage Jobs Using This Vendor Management Tool
AssertionNot checkable as stated
VendorPM charges property managers $6k-$10k annually and vendors $3k-$6k
“ACV on the property management side. Some of the names that you mentioned is relatively nominal, right? It could be anywhere between six to 10,000 dollars a year where we do monetize is predominantly on the supply side and that's on the vendors. And so ACV on …”
Emil BrillApr 15, 2022▶ 8:065000 Building Owners Manage Jobs Using This Vendor Management Tool
AssertionNot checkable as stated
VendorPM reached 5,000 buildings and 35,000 vendors in Canada
“In the past two years, just a couple of quick, I guess, headline points on both sides of that marketplace is that we've gone from virtually zero on both to 5000 buildings on the property management side, on the demand side, and 35,000 vendors on the supply sid…”
Emil BrillApr 15, 2022▶ 8:365000 Building Owners Manage Jobs Using This Vendor Management Tool
AssertionNot checkable as stated
VendorPM's 5,000 buildings are managed by roughly 2,000 property managers
“Roughly 2000.”
Emil BrillApr 15, 2022▶ 11:305000 Building Owners Manage Jobs Using This Vendor Management Tool
AssertionNot checkable as stated
VendorPM's three-bid fulfillment rate jumped from 15% to over 90%
“So today in major metropolitan cities, it's over 90% in some more, we'll call it secondary tertiary markets. It's about 75%. And I'll give you just some context here. Only six months ago, that number was at one, five, 15%.”
Emil BrillApr 15, 2022▶ 12:485000 Building Owners Manage Jobs Using This Vendor Management Tool
AssertionNot checkable as stated
VendorPM processed 500 to 600 RFPs in February 2022
“Oh yeah. Probably between five and 600.”
Emil BrillApr 15, 2022▶ 13:535000 Building Owners Manage Jobs Using This Vendor Management Tool
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