Executive Summary
Douglas Reed is the Co-Founder and Chief Technology Officer (CTO) at Constrafor, an innovative Software-as-a-Service (SaaS) and fintech platform positioned within the construction industry. Based in New York City, Reed brings over 17 years of technology leadership experience with a demonstrated track record of repeated CTO-level successes and company co-founderships. At Constrafor, Reed is centrally responsible for guiding technology strategy, product development, and the execution of the company’s digital roadmap.
Professional Experience and Role
Current Position
- Co-Founder & CTO, Constrafor (April 2020 – Present)
- Location: New York, NY, USA
- Leadership: Heads the company's technology roadmap and all digital innovation.
- Responsibilities: Oversight of multidisciplinary teams (product managers, designers, software engineers), strategic planning, and execution of platform capabilities focused on automating construction administration and solving pain points in subcontractor financing.
- Industry Focus: Construction technology (ConTech) and financial technology (FinTech) sector.
- Team Leadership: Directs a high-energy and rapidly growing technology team recognized for its expertise in building scalable, efficient solutions for construction back-office processes.
Notable Previous Experience
- Chief Technology Officer, TrueFacet (April 2015 – April 2020)
- Oversaw full platform technology; contributed to significant product and operational scaling for a luxury goods startup.
- Lead Platform Developer & Partner, Honest Buildings (January 2013 – February 2015)
- Ran cross-functional teams delivering solutions for construction project management.
- Additional Roles:
- Technology positions at Salesforce Marketing Cloud, YellowHammer Media Group, and DDB, focused on product management, large-scale engineering, and innovative digital development.
Educational Background
- Bachelor of Science in Engineering, Major in Computer Science and Engineering
- Specialization: Data Science & Machine Learning
- Institution: Massachusetts Institute of Technology (MIT)
Leadership Insights
Douglas Reed is recognized as a multiple exit CTO, having led previous technology organizations through successful growth and transition phases. At Constrafor, Reed’s approach is shaped by a deep understanding of inefficiencies in the construction industry, especially regarding subcontractor financing and project automation. He is committed to leveraging technology to disrupt traditional processes, improve productivity, and deliver measurable cost-efficiencies within the construction supply chain.
Reed is a strong advocate for innovation, an agile startup culture, and the transformative impact of energetic teams. His leadership has been instrumental in positioning Constrafor as a fintech and contech standout, reflected in industry features such as a recent $7.5M funding round led by Motive Partners and dual recognition in construction and finance technology sectors.
Company Overview: Constrafor
- Founded: 2020
- Size: 11-50 employees
- Headquarters: 66 Hudson Blvd East, 24th Floor, New York, NY 10001
- Industry: SaaS, Construction Administration, FinTech
- Core Product Offering:
- All-in-one construction administration platform: Centralizes contracts, purchase orders, certificates of insurance (COIs), invoices, lien waivers, payment processing, and compliance management.
- Targeted Segments: General contractors and subcontractors.
- Notable Integrations: Recently announced integration with Procore, enhancing efficiency and interoperability for construction clients.
- Development Philosophy: Emphasis on automation, digitization, and seamless workflows to empower businesses of all scales, notably enabling small businesses to optimize financial management.
- Recent Recognition: January 2024 – Industry accolades for innovation in both the construction and fintech sectors.
Relevant Professional Themes and Opportunities
- Expertise in SaaS and FinTech application in construction: Reed's career highlights the intersection of technology and real-world construction workflows.
- Focus on scaling teams and products: Proven ability to build high-performance cross-disciplinary teams, manage complex product life cycles, and accelerate time-to-market via automation.
- Strategic vision for innovation: Reed's continuous focus on driving adoption of forward-thinking technological solutions places Constrafor at the forefront of industry disruption.
Contact References
- Office Address: 66 Hudson Blvd East, 24th Floor, New York, NY 10001
- Main Contact Number: 650.313.6165
- Email: support@constrafor.com
- LinkedIn: [Douglas Reed](http://www.linkedin.com/in/douglas-reed)
Additional Notes
Reed's tenure at Constrafor coincides with significant company milestones, including successful funding rounds and recognition for innovation. His technical pedigree and experience with both SaaS start-ups and industry-specific solutions position him as a key technology leader within the construction finance ecosystem. Potential stakeholders and partners should note Reed's longstanding commitment to enabling digital transformation and process optimization for construction enterprises.
