Clearstory (formerly Extracker), the construction industry's only Change Order Communication Tool purpose-built to reduce risk for all stakeholders, today announced that it has acquired DataStreet, which specializes in helping specialty contractors create, track, and share Change Order Requests and Time and Material Tickets. The move comes on the heels of Clearstory’s recent funding. DataStreet employees will join Clearstory, and Founder and CEO Chris Kinghorn will move into the role of Head of Partnerships and Strategic Alliances for Clearstory.
“We are thrilled to welcome the DataStreet team to Clearstory,” said Clearstory Founder and CEO Cameron Page. “Our companies share a similar vision of streamlining out-of-contract work so all stakeholders can reduce risk and have better project outcomes. By joining forces, we can accomplish more for our collective customer base and the larger industry.”
Construction companies face increasing pressures due to supply chain issues, labor shortages, and a changing economic climate. Reducing Change Order Risk is paramount to success and preserving already tight margins. Clearstory and DataStreet have provided construction teams with the tools they need, serving as a nexus point between general contractors, specialty contractors, and project owners, uniting everyone in their respective networks. As DataStreet customers migrate to the Clearstory platform, the industry-leading product becomes even more valuable and functional as the network grows.
“The commercial construction industry is a bedrock to the economy, yet it has been forced to rely on outdated tools for far too long,” said Kinghorn. “By uniting our teams– and forging new, innovative partnerships– we can extend our reach and accelerate product development to ensure that organizations have the modern technology needed for jobs to run smoothly, transparently, and within budget.”
To learn more about the new Clearstory, please go to www.clearstory.build.
Clearstory is modernizing construction business processes as the industry’s only Change Order Communication Tool. Built for trust and transparency, it makes Change Order resolution effortless, for everyone. Clearstory helps General Contractors reduce risk, Specialty Contractors get paid faster, and teams make better financial decisions through access to real-time data in one centralized location. The company is backed by leading enterprise application and construction technology investors Cloud Apps Capital Partners, Building Ventures, and Jackson Square Ventures. For more information visit www.clearstory.build.
DataStreet is a cloud-based Change Management platform. Built for subcontractors, DataStreet’s T&M Tags and Fixed Price Change Orders reduce processing time and streamline payment from General Contractors. DataStreet is simple to use and provides additional tools such as Daily Reports and Schedule Delays. DataStreet is the avenue to connect your office and your field.