By VC News Daily
WALNUT CREEK, CA, Clearstory today announced the closing of a $16 million Series B financing.
Clearstory, the construction industry’s only change order communication platform, which connects companies to collaborate on out-of-contract work, today announced the closing of a $16 million Series B financing, bringing total capital raised to $35 million. The round was led by Prudence, an early-stage venture firm investing in technology companies leading the global transformation of the built world, with participation from Industry Ventures and existing investors including Jackson Square Ventures, Building Ventures, GS Futures and Cloud Apps Capital Partners.
Clearstory is modernizing construction business processes as the industry’s only change order communication tool. Built for trust and transparency, it makes change order resolution effortless, for everyone. Clearstory helps general contractors reduce risk, specialty contractors get paid faster, and teams make better financial decisions through access to real-time data in one centralized location.
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