Austin Rabine - Modern Facility Analysis for the Built World

Can proptech be defined as the modernization layer for the built world? How did the Rabine family business grow from a local mom-and-pop services business to the national multi-business unit holding company that exists today? Why did technology adoption opportunities and business model scalability convince Austin to take a leadership role within the family paving business? What lessons did Austin learn from founding several contech businesses? Why are pavements and roofs the largest ongoing operating expense for a real estate owner? How does the negligence of pavement maintenance result in soaring delayed repair costs? Why was the Rapine Pavement Condition Report so valuable for facility owners? Why was it necessary to rethink the end-to-end process of the condition report to be technology-driven in order to scale this business opportunity. Why did Rabine produce these condition reports at no cost? Why was satellite imagery not a viable option for capturing the necessary pavement and roofing images? What was it about drones and their image capture capability that differentiated them from other solutions that Rabine Companies was investigating? Why did Austin and the executive team at Rabine Companies ultimately decide to spin the SITE business out as a separate independent company? What additional analytics are possible through drones which was not possible with onsite humans? How is SITE utilizing AI in its product suite?                                

Austin Rabine - CEO and co-founder of SITE Technologies, joins Proptech Espresso to answer these questions and discuss how his parents' enthusiasm for entrepreneurship played a pivotal role in convincing him to join the family business.