About Flashtract
Flashtract is a company based in Auburn (United States) founded in 2017 by Ben Conry and Blair Chenault was acquired by Trimble in May 2024. Flashtract has raised $16.26 million across 2 funding rounds from investors including Trimble, Shine Capital and Addition. Flashtract offers products and services including Invoice Management, Payment Management, Unconditional Waiver Vault, and Integrations. Flashtract operates in a competitive market with competitors including Built, Levelset, Briq, Flex and Foundation Software, among others.
- Headquarter Auburn, United States
- Founders Ben Conry, Blair Chenault
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Sectors
Real Estate & Construction
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Products & Services of Flashtract
Flashtract offers a comprehensive portfolio of products and services, including Invoice Management, Payment Management, Unconditional Waiver Vault, and Integrations.
Automates invoice processing to reduce errors and over-billing.
Manages payments and waivers securely in one platform.
Handles lien waivers and document storage for projects.
Connects with tools like Procore for seamless data flow.
People of Flashtract
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Software Development Team
2 people
Customer Team
2 people
Co Team
1 people
Lead Team
1 people
Frontend Team
1 people
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Funding Insights of Flashtract
Flashtract has successfully raised a total of $16.26M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $15 million completed in January 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Flashtract
Flashtract has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Trimble, Shine Capital and Addition.
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Early-stage venture capital investments are made by Shine Capital.
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Cloud-based positioning solutions are offered for industrial sectors.
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Investor details for Flashtract
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Investments & Acquisitions by Flashtract
Investment portfolio details for Flashtract
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Financial Statements - Flashtract
Detailed financials for Flashtract
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Flashtract Comparisons
Peer comparison for Flashtract
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Competitors of Flashtract
Flashtract operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Built, Levelset, Briq, Flex and Foundation Software, among others.
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Cloud-based management of construction loan life cycles is provided.
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Levelset is focused on construction payment and lien rights management.
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Briq is recognized for developing autonomous work platforms.
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Digital banking services for businesses are offered by Flex.
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Construction accounting software is offered on-premise and in the cloud.
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Detailed competitors of Flashtract
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Latest news on Flashtract
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Frequently Asked Questions about Flashtract
Flashtract was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Flashtract is headquartered in Auburn, United States. It is registered at Auburn, Alabama, United States.
Blair Chenault is the current CEO of Flashtract. They have also founded this company.
Flashtract is a funded company, having raised a total of $16.26M across 2 funding rounds to date.
Flashtract was founded in 2017 and is headquartered in Auburn, United States. Software for online billing automation in the construction sector is offered, with capabilities including document management, automated reminders and payments, scheduling tools, digital e-signatures, and project reporting. These functions are designed to support billing workflows and project oversight in construction operations.
Flashtract's top competitors include Foundation Software, Built and Levelset.
Flashtract offers Invoice Management, Payment Management, Unconditional Waiver Vault, and Integrations.
Flashtract has 3 investors. Key investors include Trimble, Shine Capital, and Addition.