Amar Amte (Pegbo)
Overview
Amar Amte is a notable figure in the technology and construction industries, primarily recognized as the founder and CEO of Pegbo, a California-based construction tech startup. With a strong background in engineering and management roles at major tech companies like Yahoo! and Google, Amar founded Pegbo in 2023. The company aims to streamline supplier sourcing and enhance the participation of local, small, and diverse businesses in the construction industry. Pegbo has quickly gained traction, securing over $1.4 million in a pre-seed funding round to advance its mission of supporting small businesses in this sector.
Recent Developments
- November 2024: Pegbo announced a successful pre-seed funding round of $1.4 million, led by Nirman Ventures and other angel investors. This investment aims to accelerate Pegbo's mission of empowering small and minority-owned businesses within the construction industry.
- October 2024: Amar Amte shared that Pegbo doubled its platform traffic and significantly increased SaaS revenue, emphasizing the company's rapid growth in providing solutions for supplier diversity and equipment rental.
- September 2024: Pegbo announced their partnership with top contractors like Hathaway Dinwiddie and Skanska in California to further expand its reach and impact in the market.
- June 2024: Pegbo rolled out an advanced spend tracking tool on several multi-million dollar projects, enhancing transparency and aiding government agencies in meeting diverse vendor spend goals.
Personal Information
| Attribute | Information |
|---|---|
| Full Name | Amar Amte |
| Born | (Exact date and place not publicly available) |
| Nationality | American |
| Occupation | Founder & CEO of Pegbo |
| Known For | Founding Pegbo, Engineering Roles at Yahoo! and Google |
| Net Worth | (Not publicly available) |
| Education | MS in Computer Science and Mathematics from CSU East Bay |
Early Life and Education
Amar Amte was born and raised in the United States, where he pursued a strong educational foundation in engineering and computer science. He attended Yeshwantrao Chavan College of Engineering, earning a Bachelor of Engineering degree in Computer Technology. Amar continued his studies at California State University, East Bay, where he attained a Master of Science in Computer Science and Mathematics.
Career and Notable Achievements
- 2013-2022: Amar Amte held various engineering and managerial roles at major tech companies:
- Yahoo! Inc. as a Test Engineering Manager
- Google as a Manager for Commerce Engineering Programs and Developer Productivity
- 2023: Founded Pegbo, focusing on empowering small and diverse businesses in the construction industry.
- Under his leadership, Pegbo developed state-of-the-art solutions for enhancing supplier diversity, including a highly effective spend tracking tool.
Current Work and Impact
Amar Amte continues to lead Pegbo, driving significant advancements in supplier diversity and technology solutions within the construction sector. Pegbo's innovative platform has made a notable impact by improving procurement processes and helping government agencies and companies meet supplier diversity objectives. Amar's vision and dedication have positioned Pegbo at the forefront of fostering inclusivity and growth for small businesses in the construction industry.
Conclusion
Amar Amte has emerged as a pivotal leader in integrating technology with construction, championing the cause of diversity and inclusivity in business practices. His work with Pegbo signifies a crucial step towards realizing a more inclusive business environment in the construction sector. As Pegbo continues to grow and innovate under Amar's leadership, its impact on the industry and smaller businesses could lead to broader systemic changes in how diversity and economic development are approached in tech and construction fields.