Clearstory

Clearstory

Digitizes construction change orders and T&M

Overview

Clearstory is a SaaS platform for the construction industry that manages change orders. It digitizes and centralizes out-of-scope work with digital Time and Material tags and standardized change-order templates. The system provides a shared, real-time view for general contractors, specialty contractors, and owners to track requests and payments. The goal is to reduce administrative cost and financial risk while speeding up decision-making and payment cycles.

About Clearstory

Simplify's Rating
Why Clearstory is rated
C+
Rated B on Competitive Edge
Rated B on Growth Potential
Rated D+ on Differentiation

Industries

Data & Analytics

Industrial & Manufacturing

Enterprise Software

Company Size

51-200

Company Stage

Series B

Total Funding

$33.8M

Headquarters

San Francisco, California

Founded

2018

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Simplify's Take

What believers are saying

  • March 12, 2026, Suffolk standardized Clearstory across its national portfolio.
  • May 28, 2026, Clearstory launched COR Pricing Agent and Plexxis integration beta.
  • June 23, 2026, Clearstory said only one-third of contractors use structured change-order processes.

What critics are saying

  • Procore, InEight, and CMiC already bundle change management inside broader systems.
  • If Procore copies Clearstory's COR log, Clearstory becomes a replaceable feature by 2027.
  • A weak construction slowdown would hit renewal growth and crush expansion sales in 2026.

What makes Clearstory unique

  • Clearstory owns a dedicated change-order communication layer, not a generic project-management suite.
  • Its real-time COR log and digital T&M tags replace paper tickets and email chaos.
  • Clearstory's 2023 DataStreet acquisition deepened subcontractor workflows and accelerated payment-focused adoption.

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Funding

Total Funding

$33.8M

Below

Industry Average

Funded Over

4 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Below Average

Industry standards

$35M
$30M
Patreon
$45M
Linktree
$65M
Substack
$100M
ClickUp

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Company Equity

Remote Work Options

Professional Development Budget

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-1%

2 year growth

-3%
Business Wire
Jun 28th, 2024
Clearstory Closes $16M Series B Led by Prudence to Expand Leading Change Order Platform for Construction

Clearstory, the construction industry’s only change order communication platform, which connects companies to collaborate on out-of-contract work, tod

FinSMEs
Jun 27th, 2024
Clearstory Closes $16M Series B Funding

Clearstory closes $16M Series B funding.

FinSMEs
Aug 9th, 2023
Clearstory Acquires Datastreet

Clearstory (formerly Extracker), a San Francisco, CA-based construction industry’s Change Order Communication Tool purpose-built to reduce risk for all stakeholders, acquired DataStreet, which specializes in helping specialty contractors create, track, and share Change Order Requests and Time and Material Tickets. DataStreet employees will join Clearstory, and Founder and CEO Chris Kinghorn will move into the role of Head of Partnerships and Strategic Alliances for Clearstory.DataStreet is a cloud-based Change Management platform. Built for subcontractors, DataStreet’s TM Tags and Fixed Price Change Orders reduce processing time and streamline payment from General Contractors. The company provides additional tools such as Daily Reports and Schedule Delays. Led by Founder and CEO Cameron Page, Clearstory provides a Change Order Communication Tool, which helps General Contractors reduce risk, Specialty Contractors get paid faster, and teams make financial decisions through access to real-time data in one centralized location. The company is backed by leading enterprise application and construction technology investors Cloud Apps Capital Partners, Building Ventures, and Jackson Square Ventures.FinSMEs09/08/2023

ExploreBit
Jun 28th, 2023
Clearstory Raises USD 5.5M in Funding

Clearstory (fka Extracker), a San Francisco, CA-based provider of a change order communications tool for the construction business processes, raised $5.5M in funding.

FinSMEs
Jun 28th, 2023
Clearstory Raises $5.5M in Funding

Clearstory (fka Extracker), a San Francisco, CA-based provider of a change order communications tool for the construction business processes, raised $5.5M in funding

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