Dive Brief:
- With the help of its venture funding arm, New York City-based Turner Construction reached an agreement with change order management platform Clearstory to use its tech across the company’s jobsites, according to an Oct. 28 announcement.
- Turner has made Clearstory's cloud-based platform available to its project teams to supplement change order management processes, according to the news release. The collaboration will help Turner project teams digitize the traditionally manual workflows of tracking, documenting and reconciling change orders and time and materials work, according to the builder.
- The rollout was cemented by Turner Ventures, the contractor’s venture capital arm that launched in March. As of the release, Turner has used Clearstory on more than 350 of its projects, and users reported reductions in administrative time, more streamlined collaboration and quicker decision-making.
Dive Insight:
Clearstory launched in 2018 and provides tools to help builders deal with change order management. The company raised a $16 million Series B funding round in 2024.
As part of the agreement, Turner will serve on Clearstory’s Customer Advisory Board, co-pilot features and establish an enterprise agreement that enables broader implementation, per the news release. Turner has not invested in Clearstory, according to Chris McFadden, vice president of communications and marketing for Turner.
“Clearstory layers onto a high-touch workflow that impacts hundreds, if not thousands, of people on our projects and makes it simpler and faster in a way that raises the bar for outcomes,” said Maria Pantelaros, director of innovation for Turner, in the news release. “That’s the kind of innovation we embrace.”
Turner, which is the largest contractor in the country by revenue, has been focused on transforming its business via technology. On Nov. 4, the company announced a “wall to wall” partnership with tech giant OpenAI, which would give every employee access to ChatGPT Enterprise.
Earlier, in May, Turner also launched xPL Offsite, a new offsite manufacturing and construction arm that would focus on projects in the advanced technology sector while branching out to others.
The collaboration also underscored how the contractor’s venture arm is working with startups to drive its work forward, a trend that has grown in the construction industry as builders look to partner with later-stage startups.
