When cities and municipalities need to assess projects and hire companies for major infrastructure developments, they usually depend on third party contractors to do that work for them. One New York startup is looking to carve its way into that space to provide a more cost-effective and efficient alternative for cities.
Catamaran, a startup born from Ithaca’s Cornell University, was launched this year by CEO Varun Sekar to help patch up some holes in the public infrastructure industry in the U.S. Through the service called Marina, one of its two signature products, the New York-based startup can quickly and effectively conduct an analysis of upcoming construction and engineering efforts.
Marina promotes Software as a Service (SaaS) contracts made with governments and firms, which allows Catamaran to give a city or municipality a more cost-effective way to measure which company would be best to carry out its infrastructure needs. Considering that more and more American cities are on tightening budgets in the public sphere, Catamaran is getting popular at just the right time.
Not only is the traditional route of hiring a third-party firm to conduct an analytics study a waste of valuable taxpayer money, it also wastes a lot of time. That’s why Catamaran has promised completed studies in as little as seven hours. With an advanced software model that runs through the varying options of matching engineering-based companies that could complete a given project, impact studies are done of how the various service providers could get done in terms of construction and financial details.
Varun has worked as a consultant for numerous infrastructure companies in 18 different states and he has become a thought leader on the subject of public infrastructure.
Though the startup was just founded this year it has been successfully carving out space in the industry and we’ll have our eyes on it in the years to come as it tries to revolutionize the longstanding relationship between cities and data firms.
Disclosure: This article includes a client of an Espacio portfolio company