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Field Materials AI
Field Materials AI is a vertical AI procurement platform founded in 2022, based in Charlotte, NC. The company focuses on empowering construction contractors to manage and automate their spending on material purchases and equipment rentals. By utilizing Large Language Models and AI agents, Field Materials AI helps users eliminate manual data entry for quotes, invoices, and receipts, leading to potential savings of 5–10% in material costs through the identification of billing errors. The platform offers modular, AI-native construction procurement software accessible via web and mobile apps. Its core features include automating the analysis of quotes, purchase order creation, inventory management, and the verification of invoices and receipts. Field Materials AI integrates seamlessly with major construction ERPs and accounting systems, significantly reducing processing times for procurement documents. The company primarily serves self-performing general contractors and specialty subcontractors across various trades, processing over $700 million in material purchases annually.
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$3M