STACK Construction Technologies: Comprehensive Company Profile

Background

Company Overview

STACK Construction Technologies is a leading provider of cloud-based construction software solutions, specializing in preconstruction and construction management tools. Founded in 2010 and headquartered in Cincinnati, Ohio, STACK aims to revolutionize the construction industry by enhancing efficiency, accuracy, and collaboration throughout the project lifecycle. The company's mission is to empower contractors with innovative technology that streamlines workflows and maximizes profitability.

Key Strategic Focus

Core Objectives and Specialization

STACK focuses on delivering comprehensive solutions that address the needs of contractors during both preconstruction and construction phases. Their platform offers:

Takeoff and Estimating Tools: Enabling fast and accurate measurement of digital plans, facilitating precise material and cost estimations.

Construction Management Solutions: Providing real-time field collaboration through mobile applications, allowing teams to access, annotate, and share project documents seamlessly.

Key Technologies Utilized

STACK's platform leverages cloud computing to ensure accessibility and scalability. The integration of high-resolution aerial imagery, through partnerships like the one with Nearmap, enhances estimation accuracy and reduces the need for onsite visits.

Primary Markets Targeted

The company primarily serves subcontractors across various trades, including roofing, painting, and general contracting, aiming to improve their bidding processes and project management capabilities.

Financials and Funding

Funding History

STACK has secured significant funding to fuel its growth:

2018: Raised $7 million in growth equity from Level Equity.

2022: Secured an additional $17 million, also led by Level Equity, to support product development and strategic acquisitions.

Utilization of Capital

The funds have been allocated towards:

Product Development: Enhancing existing features and developing new functionalities.

Acquisitions: Expanding the platform's capabilities through strategic acquisitions.

Team Expansion: Growing the workforce to support increased demand and innovation.

Pipeline Development

Product Enhancements and Acquisitions

STACK has expanded its offerings through strategic acquisitions:

SmartUse Solutions (2021): A Montreal-based company specializing in construction management software, enhancing STACK's capabilities in document viewing and field collaboration.

Nearmap Partnership (2024): Integrating high-resolution aerial imagery to improve estimation accuracy and reduce onsite visits.

Technological Platform and Innovation

Proprietary Technologies

STACK's cloud-based platform offers:

Takeoff and Estimating Tools: Enabling precise measurement and cost estimation from digital plans.

Construction Management Solutions: Facilitating real-time collaboration and document management in the field.

Significant Scientific Methods

The integration of high-resolution aerial imagery allows for:

Remote Site Analysis: Reducing the need for physical site visits.

Enhanced Estimation Accuracy: Providing detailed visuals for precise measurements.

Leadership Team

Key Executives

Ray DeZenzo: Appointed CEO in February 2025, previously served as President.

Phil Ogilby: Founder and former CEO, transitioned to Chairman of the Board in 2025.

Brian Steinart: Vice President of Product, focusing on product development and innovation.

Michael Roy: Vice President of Sales, leading sales strategies and market expansion.

Leadership Changes

Recent Appointments

February 2025: Ray DeZenzo promoted to CEO, succeeding founder Phil Ogilby, who became Chairman of the Board.

Competitor Profile

Market Insights and Dynamics

The construction technology market is experiencing significant growth, driven by the industry's digital transformation and the increasing adoption of cloud-based solutions.

Competitor Analysis

Key competitors include: