# Jake Olsen

> Jake Olsen, P.E. is the CEO of Stratus, the leading cloud software platform for MEP (mechanical, electrical, and plumbing) contractors, helping hundreds of firms digitize workflows from BIM design through fabrication to field installation. A serial entrepreneur with over 20 years in construction technology, Olsen previously co-founded DADO - a construction document management startup that was acquired by Stanley Black & Decker - and also built Hangerworks, DEWALT Design Assist, and Powercalc Anchor Design. He steered Stratus to a $32 million Series B funding round in January 2025 led by Radian Capital, positioning the company as the connective tissue between the design table, fabrication shop, and job site in the evolving era of data-driven MEP contracting.

- **Role:** Chief Executive Officer at Stratus
- **Organizations:** Stratus (GTP Software, Inc.), DADO (Stanley Black & Decker venture), Hangerworks, Pelles.ai (Advisory Board), SMACNA, MCAA, NECA
- **Nationality:** American
- **Education:** Bachelor of Science, Industrial Engineering, Unknown University, Master of Science, Structural Engineering, Unknown University, Licensed Professional Civil Engineer (P.E.), State of California
- **Known for:** Built and sold DADO to Stanley Black & Decker (STANLEY X division), Raised $32M Series B for Stratus in January 2025 led by Radian Capital, Grew Stratus to serve hundreds of MEP contractors across the USA

## Career timeline

- **early career** — Worked as a structural engineer in the USA and abroad
- **mid-career** — Led R&D for construction products and software
- **mid-career** — Founded companies in China and Taiwan in the construction/engineering space
- **mid-career** — Served as VP of Global Field Engineering at Stanley Black & Decker (Fortune 100 power tool manufacturer)
- **pre-2020** — Developed DEWALT Design Assist and Powercalc Anchor Design software platforms
- **2019-2023** — Co-founded and led DADO as CEO - a construction document management startup incubated by Stanley Black & Decker and Mach49
- **2023** — DADO acquired by STANLEY X, the innovation division of Stanley Black & Decker
- **2023** — Joined GTP Software Inc. (Stratus) as Chief Executive Officer
- **2025-01** — Led Stratus to close $32M Series B funding round led by Radian Capital
- **2025-01** — Appointed to Pelles.ai Advisory Board
- **2025-09** — Launched Stratus Shift and Field Orderz at Innovate 2025 conference
- **2026-01** — Speaker at MEP Innovation Conference in Austin, Texas (MCAA, NECA, SMACNA)

## Achievements

- Built and sold DADO to Stanley Black & Decker (STANLEY X division)
- Raised $32M Series B for Stratus in January 2025 led by Radian Capital
- Grew Stratus to serve hundreds of MEP contractors across the USA
- Founded and scaled multiple construction software platforms: Hangerworks, DEWALT Design Assist, Powercalc Anchor Design
- Founded international companies in China and Taiwan
- Licensed Professional Civil Engineer (P.E.) in California
- Published 2025 MEP Industry Report on digital maturity in construction
- Launched Stratus Shift (workforce management) and Field Orderz (field fabrication coordination) in 2025
- Appointed to advisory board of Pelles.ai (AI for construction)
- Speaker at MEP Innovation Conference, NECA 2024 San Diego, and SMACNA events

## Latest updates

- **2026-01** — Spoke at MEP Innovation Conference in Austin, TX, organized by MCAA, NECA, and SMACNA
- **2025-09** — Launched Stratus Shift (workforce management) and Field Orderz (field fabrication coordination) at Innovate 2025 conference
- **2025-08** — Featured in SMACNA article on data-driven contracting and digital manufacturing
- **2025-01** — Stratus closed $32M Series B funding round led by Radian Capital
- **2025-01** — Appointed to Pelles.ai Advisory Board
- **2024-11** — Spoke at NECA 2024 Convention in San Diego on MEP digital workflows

## Links

- Website: https://jakeolsen.com
- LinkedIn: http://www.linkedin.com/in/mrjakeolsen
- Twitter/X: https://twitter.com/MrJakeOlsen
- Facebook: https://facebook.com/gtpservices

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Profile page: https://yespress.io/jake-olsen
Published by YesPress — https://yespress.io
Last updated: 2026-05-16