202222 Mar

Level Equity Doubles Down on Construction Technology Investment

Summary

The additional capital from this financing round will be used to further accelerate technology innovation and product growth – adding more value to STACK as the industry’s most comprehensive subcontractor-focused platform. This latest round of funding will without a doubt accelerate our efforts to deliver even more value to our customers,” commented Philip Ogilby, STACK Founder and Chief Executive Officer. STACK is taking on additional funding in large part to expand its solution portfolio and to expedite development of essential enterprise capabilities which will help to better serve their mid and up-market subcontractor customers. Along with the impact to its technology platform, the company also anticipates increased hiring in the Cincinnati area, as well as remote work opportunities. “We’re all dedicated to continuing to deliver a platform that provides the best preconstruction and construction solutions in the market and to empowering our to customers bid, win, and build more profitable work.”

Source: Stackct

Funding

$17M
Amount
Mar 22 2022
Date
-
Investor
Cloud Takeoff
Company

Classifications

Companies