BREAKING Clearstory network moves ~$1B in change orders every month 13 of North America's 25 largest general contractors on board $16M Series B led by Prudence closes June 2024 Turner Construction rolls out Clearstory across jobsites Formerly Extracker — rebranded 2023 BREAKING Clearstory network moves ~$1B in change orders every month 13 of North America's 25 largest general contractors on board $16M Series B led by Prudence closes June 2024 Turner Construction rolls out Clearstory across jobsites Formerly Extracker — rebranded 2023
Company Profile Construction SaaS Est. 2018 · Walnut Creek, CA

Clearstory

The cloud network that turns construction's messiest paperwork — the change order — into something everyone can actually see.

Pictured: the Clearstory mark. A "clearstory" is the high band of windows that lets light into a room — which is either a very deliberate pun about transparency in construction, or a happy accident. Either way, the name does more work than most.

Clearstory logo
~$1B
Change orders / month
$33.9M
Total funding raised
13 / 25
Largest US GCs use it
~110
Employees
The Story

A company built on the least glamorous document in construction

Here is a fact about the construction industry that is both boring and, once you sit with it, slightly alarming: on a large commercial project, a meaningful chunk of the work being done is not in the original contract. Someone decided mid-build to move a wall, upgrade a spec, or dig where the drawings said there was nothing. That extra work has a name - the change order - and for most of the industry's history it has lived in email threads, PDFs, and spreadsheets that two parties never quite agreed on.

Clearstory is a software company that decided this was worth fixing. Not construction management broadly, not scheduling, not drawings - just the change order, and the closely related "time and material" (T&M) tag that documents field-directed extra work. It is a narrow problem. It is also, by the company's own count, a problem worth roughly a billion dollars a month, because that is how much change order value flows across its network in a typical month.

The pitch is deceptively simple. Instead of a general contractor emailing a change order request to a subcontractor, who files it somewhere, who emails back a disputed number three weeks later, both parties work from the same document on a shared network in real time. The GC sees it. The sub sees it. The owner, eventually, sees it. Nobody is retyping anything. The idea that this was not already the case in 2018 tells you something about how construction software had, until recently, been built.

Contractors share over 19,000 change orders worth more than $850 million on our network every single month.

— Clearstory, on its own scale

The founder had the problem for a decade first

Clearstory was founded by Cameron Page, who studied construction management at Cal Poly and then spent more than ten years in commercial construction before starting the company in 2018. This is the useful kind of origin story - not a founder who spotted a market from the outside, but one who had personally lost time and money to the change order gap enough times to build the tool he wished had existed.

Page frames the core issue as "the Change Order Gap": the structural misalignment between different parties' financial systems over work that has been done but not yet priced, approved, or reconciled. It is the space between "we did the extra work" and "we got paid for the extra work," and in that space live disputes, delayed payments, and a great deal of avoidable friction. Clearstory's product is essentially an argument that this gap is a data problem, not a human-nature problem.

Extracker, then Clearstory

The company did not start life with its current name. It launched as Extracker - a fairly literal name for a tool that tracks extra work - and rebranded to Clearstory in June 2023. The new name leans on the architectural term (a clerestory is the row of high windows that lets daylight into a large room) and the transparency metaphor it implies. Renaming a B2B company that already has paying customers is not a small decision. Doing it to lean harder into "trust and transparency" suggests the company concluded its real product was not tracking, but visibility - two adversarial parties looking at the same truth.

What You Can Do With It

Four workflows, one shared source of truth

Core Product

Change Order Communication

Create, price, track, and align on change orders in real time. Both sides of the deal - GC and sub - see the same live document instead of trading PDFs.

Field Tool

Digital T&M Tags

Capture field-directed extra work - labor, materials, equipment - on a phone, and share it instantly with an audit-ready record. The iOS app is literally titled "Paperless T&M."

Visibility

Collaborative COR Log

A shared, cloud-based change order log giving every stakeholder real-time visibility into status, cost exposure, and where each item sits in the approval process.

Plumbing

ERP & PM Integrations

Pushes change data into Procore, Sage, CMiC, Vista (Viewpoint), and Autodesk - so the change order syncs to the accounting system instead of becoming another silo.

The billion-dollar climb

Change order value processed / month (approx.)
~$90M
2021
~$500M
2023
~$850M
Early '24
~$1B
2024

Why the number matters

Monthly change order volume is a good proxy for whether a network product is actually working. A tool people don't trust sits empty. Clearstory's volume roughly 10x'd between 2021 and 2024, which is the shape you want if your whole thesis is "everyone will agree to stand on the same neutral ground."

The catch with network products is that they are slow to start and hard to stop. Getting a general contractor and its subs onto the same platform takes trust that scales slower than software. Clearstory appears to have crossed that threshold.

The Timeline

From a jobsite frustration to a Series B

2018

Extracker is founded

Cameron Page launches the company with paying customers, after 10+ years in commercial construction.

2021

Series A and scale

Raises a Series A as monthly change order volume reaches roughly $90M.

2023

Rebrand to Clearstory

Extracker becomes Clearstory and raises $5.5M led by GS Futures; monthly volume climbs to ~$500M.

2023

Turner Construction adopts it

One of the world's largest general contractors rolls out Clearstory across its jobsites.

2024

$16M Series B

Closes a Prudence-led round; total funding reaches ~$33.9M and monthly volume hits ~$1B.

The Money

Backed by construction-focused investors

Clearstory has raised about $33.9M in total. The most recent round - a $16M Series B in June 2024 - was led by Prudence, with new participation from Industry Ventures and continued support from the early backers who had been with the company since its Extracker days.

The investor list reads like people who specifically wanted exposure to construction's digitization: Building Ventures, Jackson Square Ventures, Cloud Apps Capital Partners, and Goldman Sachs' GS Futures. That continuity - the same firms writing bigger checks round after round - is usually a quieter vote of confidence than any headline number.

Funding history

Series B$16MJun 2024 · led by Prudence
Growth$5.5MJun 2023 · led by GS Futures
Series An/a2021 · existing investors
Seedn/a2019–20 · JSV, Building Ventures
Total~$33.9Macross all rounds
What Makes It Different

Neutral ground, and a very short to-do list

Most construction software wants to be a platform - the one place you do everything. Clearstory made the opposite bet. It picked one workflow and went deep, and it built for a strange requirement: the product has to be trusted by two parties who are, on any given change order, negotiating against each other.

That is the actual trick. A change order tool owned by the general contractor is just the GC's tool. A change order tool the subcontractor also trusts becomes a shared record - and a shared record is the only thing that closes the gap. Clearstory's design problem was less "how do we track this" and more "how do we be neutral enough that both sides put their real numbers in."

The company runs on four stated values - Be Curious, Customer Obsession, Keep it Simple, and Raise the Bar - and has grown from roughly 50 people in 2023 to around 110, with a leadership team that mixes construction veterans and SaaS operators.

Company values

The operating principles

Be CuriousCustomer ObsessionKeep it SimpleRaise the Bar

Sector: Commercial construction, heavy civil, and specialty trades. Users span general contractors, subcontractors, and project owners across North America.

The competition

Who's the alternative?

Broad suites like Procore and Autodesk Construction Cloud - and, mostly, the incumbent that never goes away: email, PDFs, and spreadsheets. Clearstory partners with the suites (it integrates with Procore) rather than replacing them.

Things That Amuse & Inform

Five details worth keeping

The name is a pun

A "clearstory" (clerestory) is a high band of windows that lets light in. For a transparency product in construction, that is either very clever or very lucky.

It used to be Extracker

The original name was a literal description - tracking "extra" work. The 2023 rebrand traded literal for aspirational.

A decade-old itch

Cameron Page didn't research the market. He lived the problem for 10+ years on jobsites first, then built the fix.

The gap has a name

Clearstory brands its core problem "the Change Order Gap" - the mismatch between work done and work priced.

Boring is the strategy

Integrations with Sage, CMiC, Vista, and Procore aren't flashy. They're the reason the whole thing actually works.

Frequently Asked

The short answers

What does Clearstory do?

It's a cloud-based platform that lets general contractors, specialty contractors, and owners create, price, track, and align on construction change orders and time-and-material (T&M) tags in real time, on a shared network.

Was Clearstory previously called something else?

Yes. The company was founded in 2018 as Extracker and rebranded to Clearstory in June 2023 to emphasize trust and transparency.

Who founded Clearstory and when?

Cameron Page founded the company in 2018. He studied construction management at Cal Poly and spent over a decade in commercial construction before starting it.

How much funding has Clearstory raised?

Roughly $33.9M in total, including a $16M Series B in June 2024 led by Prudence, with participation from Industry Ventures and existing investors.

What software does Clearstory integrate with?

Real-time integrations with construction and accounting systems including Procore, Sage, CMiC, Vista (Viewpoint), and Autodesk, so change data syncs with contractors' existing tools.