CClearstory provides a subscription-based SaaS platform for the construction industry to manage change orders. It digitizes out-of-scope work with digital Time and Material tags and standardized templates, replacing clumsy paper processes. The system centralizes communication among general contractors, specialty contractors, and owners, giving real-time visibility into change-order requests and progress. The goal is to reduce administrative overhead and financial risk while speeding up payments and improving project financial decision-making.
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Industries
Company Size
51-200
Company Stage
Series B
Total Funding
$33.8M
Headquarters
Walnut Creek, CA
Founded
2018
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Total Funding
$33.8M
Below
Industry Average
Funded Over
4 Rounds
Industry standards
Clearstory, the construction industry’s only change order communication platform, which connects companies to collaborate on out-of-contract work, tod
Clearstory closes $16M Series B funding.
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
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.
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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Industries
Company Size
51-200
Company Stage
Series B
Total Funding
$33.8M
Headquarters
Walnut Creek, CA
Founded
2018
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs