ML Estimation is a technology company based in Toronto, Ontario, Canada, founded in 2020. The company focuses on the construction and HVAC (Heating, Ventilation, and Air Conditioning) sectors, utilizing artificial intelligence (AI) and machine learning (ML) to improve project estimation processes.

The primary service offered by ML Estimation is cloud-based software that automates the creation of detailed quantity take-offs from construction drawings. Users can upload project plans, and the software automatically identifies and counts HVAC products, generating an accurate Bill of Materials (BOM) in minutes. Key features include AI-powered takeoffs, a dynamic BOM, an advanced PDF viewer, customizable takeoff settings, intuitive plan annotation, and collaborative tools for secure project sharing.

ML Estimation was developed in collaboration with Codiste, which specializes in tailored software solutions for HVAC contractors. The company has received funding from investors such as YSpace and Treefrog Accelerator, supporting its mission to enhance bidding accuracy and efficiency in the construction and HVAC industries.