Nvolve Technologies emerges at the intersection of experience, innovation and real need within the construction industry. Founded by CEO Kari Myllykoski in 2018, Nvolve represents the culmination of a lifelong dedication to the marriage of construction and technology. Kari’s journey began in the 1970s, as he honed his building skills in his father’s construction company, gaining invaluable insights into the intricacies of the field.
After a stint in business school, Kari followed a passion for technology in the computer industry, founding seven companies and taking one public along the way. With a sincere desire to apply technology to his construction roots, Kari embarked on his eighth venture with Nvolve Technologies. Since its inception, Nvolve has continually evolved its business and Go-To-Market strategies under Kari’s leadership. The goal has always been to revolutionize the construction industry through innovative building methods, materials, and automation. Despite the challenges inherent in startup endeavors, Kari’s unwavering belief in the immense market potential and the transformative power of external innovation propels Nvolve Technologies forward on its mission to reshape the construction landscape.
Leveraging FusionSIP and Helical Piers for Seamless Installation
Nvolve Technologies uses a revolutionary patented “fusionSIP” system to create modular units in the factory and then installs them in the field using Helical Piers instead of traditional foundations. Their patented design process is the key to their success. Nvolve offers PreFab units to development customers and has the ability to provide fusionSIP panels and wall systems to certified partners for on-site construction. Nvolve has a solid business plan with a clear focus on its unique strengths and core operations, and routinely refrains from doing business that fails to align with its model.
Overcoming Industry Constraints: Innovating Despite Funding Disparity in Construction Technology
Nvolve’s biggest hurdle is the lack of innovation acceptance and limited funding in the Construction Technology industry. While numerous venture capitalists are investing in SaaS or SW, there are only a few focusing on Construction Tech. To overcome this challenge, Nvolve follows strict guidelines for product production and selecting customers. Building houses in a factory requires detailed design, detailed manufacturing manuals, acceptance of new materials, and a constant drive for automation.
Fostering Collaboration, Expertise, and Continuous Innovation
Kari Myllykoski remains committed to the importance of a cohesive team working towards common goals, while at the same time, encouraging diverse perspectives. Success is not achieved alone, so access to experts in various fields is crucial. Kari says “Customer satisfaction should be a top priority, as negative feedback spreads quicker than positive feedback. Keep innovating, because once you become complacent, someone else may surpass you before you know it.”
Key Advice for Young Entrepreneurs by Kari Myllykoski
When giving advice to new entrepreneurs, Kari Myllykoski emphasizes the importance of being cautious and staying objective. While starting a business may seem thrilling, it is crucial to recognize that there will be numerous obstacles along the way. These obstacles can range from financial challenges to market competition and unforeseen circumstances.
Therefore, it is essential for entrepreneurs to approach their ventures with caution and a willingness to learn from others’ experiences. Another key piece of advice that Kari Myllykoski offers is to seek guidance from subject matter experts and mentors. These mentors can provide valuable insights and advice based on their own experiences in the business world.
By learning from the mistakes and successes of others, new entrepreneurs can avoid common pitfalls and make more informed decisions. Another important aspect that Kari Myllykoski highlights is the significance of learning from others’ errors. It is essential to recognize that everyone makes mistakes, and by studying the experiences of others, entrepreneurs can gain valuable knowledge and avoid repeating those same mistakes. Errors and mistakes are costly, and learning from others is a great way to avoid unnecessary expenses.
Meet Kari Myllykoski: Innovator and Technology Integration Expert
Kari Myllykoski’s main focus in his career has been integrating technology with customer needs to achieve specific outcomes. He has had the opportunity to work on groundbreaking products and technologies with top companies globally.
Throughout his career, he has focused on connecting technology with the specific needs and desires of customers to achieve desired outcomes. Kari has been fortunate to work on various groundbreaking products and technologies with leading companies worldwide. As a result, he has developed a vast network of friends, partners, key players, and customers across multiple industries.
“We currently hold 5 patents pending on innovations allowing our concept to go from ‘what if’ to ‘what took so long.'”
Their patented design process is the key to their success
