# Contruent

> Contruent sells lifecycle cost management software and implementation services to capital asset owners and engineering and construction firms. Its Enterprise platform connects budgets, schedules, contracts, changes and forecasts for complex construction programs, with roots in ARES PRISM and a global customer base.

- **Founded:** 1994
- **Headquarters:** Naperville, United States
- **Founders:** Richard Stuart (Founder of ARES Corporation and ARES PRISM; former company leader)
- **Products:** Contruent Enterprise, ProcureWare, Contruent Drive, AI Forecasting, Implementation and integration services
- **Notable:** Commercial ARES PRISM launch in 1995; first external mining customer implemented in 1996., Company-reported support for over $85 billion in annual construction spend in November 2025., ProcureWare acquisition announced May 2024.

## Products & services

- **Contruent Enterprise** — SaaS lifecycle cost management platform integrating cost, schedules, contracts, changes, risks and reporting.
- **ProcureWare** — Cloud procurement platform for vendors, bid solicitation, bid comparisons and contract awards; acquired from Bentley Systems.
- **Contruent Drive** — Document and file management connected to cost, contract and change workflows.
- **AI Forecasting** — Independent estimate-at-completion assessment at control-account level using the customer’s own project data; presented as decision support.
- **Implementation and integration services** — Process design, deployment, integration, training and project-controls support.

## Achievements

- Commercial ARES PRISM launch in 1995; first external mining customer implemented in 1996.
- Company-reported support for over $85 billion in annual construction spend in November 2025.
- ProcureWare acquisition announced May 2024.
- Covestro case study reports almost 90% less time on data collection and validation, a task-specific customer result.

## Latest updates

- **2025-11** — Riverside announced an investment in Contruent; financial terms were not disclosed in the announcement.
- **2026-07** — Falcon published confirmation of its support placing Jason Rupert as CEO; Contruent’s leadership page lists him as CEO.
- **2026-09** — Company blog describes AI Forecasting as a second opinion on estimate at completion using a customer’s own project data.

## Links

- Website: https://www.contruent.com/
- LinkedIn: https://www.linkedin.com/company/contruent

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Profile page: https://yespress.io/contruent
Published by YesPress — https://yespress.io
Last updated: 2026-10-02