The Ledger
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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.”
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 …”
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…”