Level set

Stellar Welcomes Two New Sought After Executives to Fuel Growth and Elevate the Employee Experience

Retrieved on: 
Thursday, October 19, 2023

(Photo: Business Wire)

Key Points: 
  • (Photo: Business Wire)
    Melissa Bates has been appointed as Chief Revenue Officer and a member of Stellar’s leadership team.
  • While at Enjoy, she built the growth team which included the business development and enterprise account management teams and created and executed Enjoy’s growth strategy.
  • These new leaders bring decades of experience driving revenue and growth, cultivating teams, and implementing scalable best-practices as Stellar continues to achieve aggressive growth milestones across all areas of the business.
  • "Through impactful people operations and leadership, I’m eager to build a talent strategy and culture that effectively manages the employee experience to support Stellar on its growth journey."

Procore Announces Fourth Quarter and Full Year 2022 Financial Results

Retrieved on: 
Thursday, February 16, 2023

Procore Technologies, Inc. (NYSE: PCOR), a leading global provider of construction management software, today announced financial results for the fourth quarter and full year ended December 31, 2022.

Key Points: 
  • Procore Technologies, Inc. (NYSE: PCOR), a leading global provider of construction management software, today announced financial results for the fourth quarter and full year ended December 31, 2022.
  • “Our strong fourth quarter performance reflects the power of our platform, our leadership position and our trusted partnership with the construction industry.
  • We look forward to continuing this momentum as we enter 2023,” said Tooey Courtemanche, founder, president and CEO of Procore.
  • The financial results included in this press release are preliminary and will not be final until Procore files its Annual Report on Form 10-K for the period.

Prokeep Enlists Top National Talent to Board & VP Positions Preparing for Growth and Product Expansion in 2023

Retrieved on: 
Wednesday, December 14, 2022

"Prokeep is growing fast to deliver even more value to distributors in 2023," said Prokeep CEO, Jack Carrere.

Key Points: 
  • "Prokeep is growing fast to deliver even more value to distributors in 2023," said Prokeep CEO, Jack Carrere.
  • Prokeep is an innovative technology company developing modern ways for distributors to connect to customers with efficiency and ease.
  • By pioneering how branches communicate with customers through messaging, Prokeep revolutionized the way distributors make sales.
  • Since its founding in 2016, Prokeep has seen exponential growth in its customer base (1,000+ distributors), staff, and product development.

Levelset Launches Free College-Level Construction Financial Management Course

Retrieved on: 
Wednesday, June 15, 2022

NEW ORLEANS, June 15, 2022 (GLOBE NEWSWIRE) -- Levelset, the leading provider of construction payment technologies, today announced the launch of a free, online, college-level course that introduces the fundamentals of construction financial management.

Key Points: 
  • NEW ORLEANS, June 15, 2022 (GLOBE NEWSWIRE) -- Levelset, the leading provider of construction payment technologies, today announced the launch of a free, online, college-level course that introduces the fundamentals of construction financial management.
  • The newest course in Levelset's web-based Payment Academy, Construction Financial Management 101 , teaches the unique financial and accounting processes that keep construction businesses on track.
  • The video-driven course is led by Steven J. Peterson, professor and author of Construction Accounting and Financial Management .
  • For more than 22 years, he has taught construction financial management and accounting at Weber State University in Ogden, Utah.Peterson is the author of Construction Accounting and Financial Management (Pearson, 2020), Construction Estimating using Excel (Pearson, 2018), and Pearson's Pocket Guide to Construction Management (Pearson, 2012), and the co-author of Estimating in Building Construction (Pearson, 2019).

Prokeep raises $9 Million in Seed Round Led by Ironspring Ventures to Modernize Distributor Communications and Commerce

Retrieved on: 
Thursday, June 2, 2022

NEW ORLEANS, June 2, 2022 /PRNewswire/ -- Prokeep, the first and only communications and commerce platform built exclusively for distributors, today announced the closing of their $9 million seed round.

Key Points: 
  • NEW ORLEANS, June 2, 2022 /PRNewswire/ -- Prokeep, the first and only communications and commerce platform built exclusively for distributors, today announced the closing of their $9 million seed round.
  • Now with Prokeep, contractors are able to send orders and other inquiries straight to their distributor, saving hundreds of thousands of hours monthly across the customer base.
  • "A distributor with a line out the door is a testament to their success but also an opportunity for efficiency," said Prokeep CTO and co-founder Mark Kanof.
  • Founded in 2016, Prokeep is a web-based end-to-end communication and commerce platform built for today's distributor market.

Prompt Payment More Likely on Residential Construction Jobs Than Commercial or Public Jobs

Retrieved on: 
Monday, May 2, 2022

As an industry, we've spent way too long putting up with it because 'that's just how it works.'

Key Points: 
  • As an industry, we've spent way too long putting up with it because 'that's just how it works.'
  • Although the contractors surveyed may work on different types of projects, they share one major thing in common their challenges for the upcoming year.
  • Out of 20 different potential challenges, residential, commercial, and public contractors chose the same top five challenges : increasing costs, supply chain issues, the changing economy, staffing, and a potential pandemic hangover.
  • Levelset's products help millions in the construction industry each year to make payment paperwork and compliance easier, get cash faster, monitor the risk on jobs and contractors, and better understand payment processes and rules.

Bectran Inc. to Exhibit at Levelset’s Construction Credit Summit in Seattle

Retrieved on: 
Wednesday, March 23, 2022

CHICAGO, March 23, 2022 (GLOBE NEWSWIRE) -- Credit, Collections & Accounts Receivable Software leader Bectran, Inc. announced today that it is attending the 2022 Construction Credit Summit hosted by Levelset.

Key Points: 
  • CHICAGO, March 23, 2022 (GLOBE NEWSWIRE) -- Credit, Collections & Accounts Receivable Software leader Bectran, Inc. announced today that it is attending the 2022 Construction Credit Summit hosted by Levelset.
  • On March 24th at the Cedarbrook Lodge in Seattle, Bectran will be discussing the latest innovations in Credit, Collections and Accounts Receivable software with hundreds of financial professionals specializing in construction credit.
  • Hosted by Levelset, the 2022 Construction Credit Summit brings together executives and thought leaders from across the construction industry for a day of collaboration, discussion, and networking.
  • Bectran is delighted to participate in Levelsets 2022 Construction Credit Summit in Seattle.

A Bright Future for Women in Construction: Satisfaction, Employment, Gender Equality all Make Significant Strides in 2021

Retrieved on: 
Thursday, March 10, 2022

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20220310005950/en/
    The voices of women in construction are stronger than ever and growing.
  • This infographic includes some of the highlights from Levelset's 2022 Women in Construction Report.
  • Gender equality in the traditionally male-dominated construction industry improved in 2021.
  • On March 10, Levelset hosted a panel discussion with three women in construction to discuss " How Women in Construction Keep the Industry Alive (& Thriving) ."

S3 Ventures Announces $250M Fund VII – The Largest Venture Capital Fund Focused on Texas-based Startups

Retrieved on: 
Wednesday, March 9, 2022

S3 Ventures today announced a $250 million Fund VII the latest and largest venture capital fund focused on the state of Texas.

Key Points: 
  • S3 Ventures today announced a $250 million Fund VII the latest and largest venture capital fund focused on the state of Texas.
  • With $900 million in assets under management, the Austin-based VC is the largest firm that primarily invests in Texas-based startups.
  • Since its founding in 2005, S3 Ventures has been backed by one limited partner a highly philanthropic family with a multibillion-dollar foundation focused on addressing social inequities.
  • Founded in 2005, S3 Ventures is an Austin-based venture capital firm that has raised seven funds with more than $900 million in assets under management.

Siteline Raises $18.4M to Reimagine Construction Finance

Retrieved on: 
Thursday, February 24, 2022

Tyler Sosin, who led the Siteline investment on behalf of Menlo Ventures, is an active investor in construction technology.

Key Points: 
  • Tyler Sosin, who led the Siteline investment on behalf of Menlo Ventures, is an active investor in construction technology.
  • By solving the payments problem for subcontractors arguably the largest segment of the construction workforce Siteline addresses a critical issue for a large population serving a multi-trillion dollar industry.
  • Getting paid in construction is a huge hassle, and that makes cash flow harder to manage, said Gloria Lin, Co-Founder and CEO of Siteline.
  • Gloria and her team are building a best-in-class solution to simplify construction finance workflows, and we look forward to supporting their continued expansion and growth.