From $500M E-commerce Exit to Transforming Construction: How 011H is Building High-Rise Residential Buildings 30% Faster

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“Batman doesn’t have superpowers – he has cash and technology. That’s exactly what we are – the Batman of construction.” – Lucas Carné’s candid take on how 011H is transforming construction through technology.

In today’s episode of Bricks and Bytes, we had Lucas Carné, co-founder of 011H and former founder of Privalia (sold for $500M), share insights on revolutionizing construction through digital innovation and sustainability.

Tune in to discover:

✅ Why 011H chose to be asset-light when most construction tech companies fail by investing heavily in manufacturing facilities

✅ How they’re achieving 30% faster project delivery while maintaining quality through their design-build approach

✅ The strategy behind tackling high-rise buildings first, contrary to conventional wisdom

✅ Why they reject traditional bidding processes and focus on collaborative risk-sharing with developers

Listen to the full episode to learn how 011H is bridging the gap between digital innovation and traditional construction, while tackling major challenges in housing affordability and sustainability.

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Chapters

00:00 Intro
03:04 Introduction to Lucas and Zero11H
06:14 From E-commerce to Construction Tech
09:08 Lessons from Previous Ventures
12:11 Identifying Pain Points in Construction
15:03 The NeoBuilder Concept
18:03 Focus on High-Rise Buildings
21:05 Innovative Approaches to Sustainability
24:05 Scalability and Digital Integration
27:06 Client Engagement and Collaboration
30:16 Transforming the Construction Industry
33:08 Challenges and Future Directions
42:58 Navigating the Risks of Supply Chain Ownership
48:06 The Importance of Humility in Construction Tech
51:06 The Future of O11H: Platform vs. Developer
55:01 Expanding Horizons: O11H’s European Ambitions
59:06 Building Trust in a Complex Industry
01:05:10 Leadership Lessons from a Second-Time Founder

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