Partnership brings together two best-in-class, cloud-based technology platforms that specialize in construction management solutions for subcontractors and other construction industry businesses.
We are very pleased to announce a new partnership with eSUB Construction Software (eSUB), the leading provider of mobile and cloud-based project management and document control solutions for subcontractors, bringing together two best-in-breed cloud-based solutions that help subcontractors to manage their projects and grow their businesses.
“People in the construction business understand specialization, because that’s how the industry works,” said Levelset’s Director of Business Development, Coy Henderson. “Specialization in construction is the very reason subcontractors exist. When industry-leading solution providers like Levelset and eSUB come together, the value for their customers isn’t just increased, it’s multiplied. Subcontractors see the value of this partnership because that’s how they operate their own businesses each and every day.”
Levelset’s cloud-based lien rights management platform brings together project stakeholders to manage complex requirements, enabling construction companies to exchange lien waivers, construction notices, and other project information in all 50 states, U.S. Territories, and the District of Columbia. Levelset is the construction industry’s leading lien rights solution, with its platform touching over 300,000 projects annually, worth billions of dollars in contract value.
eSUB’s cloud-based construction project management platform helps commercial construction subcontractors increase their project efficiency and accountability by providing streamlined project communication and documentation. A powerful, easy-to-use mobile-first solution, eSUB automates project management tasks and creates a central cloud-based hub for real-time project information.
“Levelset and eSUB have built their customer bases by helping subcontractors protect their profits. This is a natural and exciting partnership because our companies both focus on the same market. Subcontractors will greatly benefit from leveraging both of our cloud-based solutions,” said Paul Jetter, Director of Channel Sales, eSUB Construction Software.
Both Levelset and eSUB are venture-backed startups participating in the fast-growing construction technology sector. Levelset has closed two funding rounds, raising $1.3 million with Darren Bechtel’s Brick & Mortar Ventures in March 2016. Brick & Mortar also participated in a subsequent $5 million funding round led by Altos Ventures in July 2016. Investors Knollwood Investment Advisory, Operating Venture Capital, and Cajun Kiwi Investments also participated in the latter round.
eSUB closed a $5 million investment round in December, 2016, led by Revolution Ventures. The construction tech startup previously received investments from The Investor Group, led by Sheldon Lewis, Raymond Levitt, and the Stanford Farmers Investment Club, a group of Stanford professors that make angel investments.
The companies have several major initiatives in the pipeline which will be rolled out over the next few fiscal quarters, including project information, document, and data sharing, as well as other functional integrations.