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Stock impact report

Clearstory Closes $16M Series B Led by Prudence to Expand Leading Change Order Platform for Construction [Yahoo! Finance]

Procore Technologies, Inc. (PCOR) 
Company Research Source: Yahoo! Finance
WALNUT CREEK, Calif., June 27, 2024 BUSINESS WIRE 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 launched in 2018 and has quickly become the industry standard for how contractors share change orders throughout the construction ecosystem, being used by owners, general contractors and specialty contractors spanning all sizes and trades. The network has companies sharing over 19,000 change orders worth over $850 million every single month. The company now count Show less Read more
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