Press Release
January 27, 2025

Stratus Raises $32M in Series B to Boost Construction Tech

Stratus, a leading cloud-based platform focused on optimizing fabrication workflows for MEP contractors, has secured $32 million in Series B funding. The round, led by growth equity firm Radian Capital, marks a significant milestone in Stratus’ efforts to revolutionize the construction industry with advanced digital tools.

Founded in 2015, Stratus provides a robust solution designed to streamline the construction process, from planning and scheduling to installation and tracking. By integrating seamlessly with industry-standard tools like Autodesk’s Revit and AutoCAD, the platform allows contractors to enhance their prefabrication and fabrication workflows, reduce errors, and increase productivity. Stratus focuses on enabling contractors to shift to digital workflows that improve efficiency, collaboration, and real-time data tracking.

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Stratus CEO, Jake Olsen, expressed his excitement about the investment, stating, “This funding will allow us to expand our platform, accelerate innovation, and help MEP contractors work smarter and faster. With Radian Capital’s backing, we can continue driving digital transformation across the construction industry.”

Jordan Bettman, Co-Founder and Managing Partner at Radian Capital, also praised Stratus, saying, “Stratus has proven to be a game-changer in the construction tech space. Their platform addresses critical pain points for contractors, and we’re excited to support their continued growth and innovation.”

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With the Series B funding, Stratus plans to enhance its platform, grow its customer success initiatives, and scale operations to meet the needs of an expanding customer base. The company’s vision is to continue providing unmatched tools for contractors to optimize workflows, reduce errors, and achieve better project outcomes in an increasingly competitive and tech-driven construction environment.

Stratus has established itself as a leader in construction technology, focusing on the needs of contractors and fabricators to stay ahead of the curve. This latest investment positions Stratus for continued success as it transforms the construction industry with digital solutions.

For more information on Stratus and how its platform is reshaping the construction workflow, visit www.stratus.build.