Clearstory, founded in 2018, builds what it describes as the economic infrastructure for change orders in commercial construction. The company operates a cloud-based SaaS platform that allows General Contractors, Specialty Contractors and Project Owners to communicate costs in real time, connecting financial systems, field teams and other project stakeholders.
The platform comprises three principal components: a unified Change Order Log, which consolidates change order communication and workflow in place of spreadsheets, PDFs and email threads; digital time-and-material workflows for tracking extra work costs; and automated pricing processes intended to accelerate approvals and improve forecasting. Clearstory reports that users spend 65% less time reviewing change orders.
Technically, the work spans cloud-based SaaS, construction financial software, workflow automation, real-time cost communication and systems integration. Millions of dollars of extra work volume flow through the platform each month, and the company positions itself as the construction industry's only change order communication and workflow software. Its customer segments sit across general contracting, specialty contracting and project ownership and development.
