Stack Construction Technologies, a Cincinnati, OH-based provider of cloud-based takeoff and estimating software for the construction sector, secured $7m in funding.
Level Equity made the investment. As part of the financing, Charles Chen and Ben Levin from Level Equity joined Stack’s board.
The company will use the funds to continue to expand product and development teams, deliver additional features and functionality, and enhance technology innovation.
Led by Phillip Ogilby, Founder and CEO, and Abraham Fathman Chief Technology Officer, Stack Construction Technologies provides a cloud-based takeoff and estimating software for the construction industry. The solution streamlines the bid process for contractors of all sizes and empowers users to quickly and accurately measure digital plans, collaborate with team members, customize materials and pricing and finalize project estimates.