Extracker, a San Francisco, CA-based a provider of a construction industry’s change order communication platform, raised $7M in Series A funding.
The round was led by Cloud Apps Capital Partners, joined by Building Ventures, and follow-on investment from Jackson Square Ventures. In conjunction with the funding, Andy Stinnes, general partner at Cloud Apps Capital Partners, and Jesse Devitte, co-founder and general partner at Building Ventures, joined Extracker’s board.
The company intends to use the funds to accelerate growth and expand operations.
Led by CEO Cameron Page, Extracker is to create financial transparency between commercial construction companies by reducing exposed risk and time spent tracking extra work. This is done through a change order communication platform, which connects companies outside of their internal financial software to resolve change orders in real-time. Along with a collaborative cloud-based log, Extracker includes digital Time and Material Tags, standardized Change Order Templates, trackable Change Notifications, and more, to organize and streamline the process.
Customers include BrandSafway (scaffolding), Conco (concrete), Performance Contracting Group (drywall), Permasteelisa (glass and glazing), NOVO (general contracting), and BuildGroup (general contracting).
FinSMEs
09/06/2022