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 C on Competitive Edge
Rated B on Growth Potential
Rated C 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

  • Series B capital supports integrations, product depth, and go-to-market expansion.
  • Mobile-first T&M capture reduces paper loss and accelerates billing.
  • General contractors gain faster dispute resolution and better revenue protection.

What critics are saying

  • Procore and ERP suites can bundle comparable workflows and compress pricing.
  • Construction adoption stays fragmented, limiting network effects and seat expansion.
  • A data-integrity or approval outage would damage trust in revenue-bearing records.

What makes Clearstory unique

  • Clearstory digitizes construction change-order communication across contractors, owners, and subs.
  • It combines digital T&M tags with standardized COR templates.
  • The platform targets shared project visibility, not just internal workflow automation.

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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

Headcount

6 month growth

-1%

1 year growth

-1%

2 year growth

-3%

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