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UtilizeCore
Enterprise Software
UtilizeCore is a facilities management technology company providing software that helps facilities service companies coordinate and manage subcontractor networks for maintenance and repair work across multiple properties.
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UtilizeCore was founded to address operational challenges facing facilities management and maintenance service companies that coordinate work across large portfolios of properties, particularly those that rely on a network of subcontractors to actually perform specialized maintenance and repair work, such as HVAC repair, plumbing, electrical work, and other specialized trades, rather than directly employing every needed specialist trade themselves, a common operational structure in the facilities management industry given how many different specialized skills a full-service facilities maintenance operation covering many different properties and service types typically requires. The company's software platform helps facilities management companies manage the logistics of coordinating work orders across their subcontractor networks, including dispatching maintenance and repair requests to appropriate subcontractors based on the specific service needed and property location, tracking work order status and completion, and managing the billing and payment processes between the facilities management company, its subcontractors, and the ultimate property owner client, addressing coordination challenges that can become significant when a facilities management company works with many different subcontractors across many different properties and service categories, since manually coordinating and tracking this network of relationships and work orders without dedicated software can become increasingly difficult and error-prone as a facilities management company's subcontractor network and property portfolio scale. UtilizeCore's platform aims to give facilities management companies better visibility and control over their subcontractor networks and the quality and timeliness of work being performed on their behalf across a distributed property portfolio, while also potentially improving the experience and payment reliability for the subcontractors themselves, who benefit from more organized work order dispatch and more reliable, transparent billing and payment processes than more informal, less technology-enabled coordination methods might provide. The company's customers span facilities management and maintenance service companies coordinating work across multi-location commercial and retail property portfolios, positioning itself within the broader facilities management technology category alongside other providers addressing various aspects of the facilities maintenance coordination and subcontractor management challenge.
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FOR QUALIFIED INSTITUTIONAL AND ACCREDITED INVESTORS ONLY: Under federal securities laws, private market investments on this platform are available exclusively to Institutional and Accredited Investors. Verification of status required before investing. Private investments involve significant risks including illiquidity, potential loss of principal, and limited disclosure requirements. "Augment" refers to Augment Markets, Inc. and its affiliates. Augment Markets, Inc. is a technology company offering software and data services, not a bank or financial institution. Cash Accounts are provided by Modern Treasury Corp. financial institution partners and through Augment's technology. Augment does not act as a money services business, provide money transmission, or serve as a custodian of funds. Funds held in your Cash Account are not FDIC insured unless expressly disclosed. Full terms available in the Augment Cash Account Agreement. Brokerage services are offered through Augment Capital, LLC, an affiliated broker-dealer and member FINRA/SIPC. "Investment accounts" are not brokerage accounts and do not hold customer funds or securities. Investment advisory services are offered through Augment Advisors, LLC, an SEC-registered investment adviser. Registration with the SEC does not imply a certain level of skill or training. Neither Augment Advisors, LLC nor Augment Capital, LLC provide legal or tax advice; consult your attorney or tax professional regarding your specific situation. For additional information, please refer to Augment Advisors, LLC's Form ADV Part 2A (Firm Brochure) and FINRA BrokerCheck.
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