[Larkspur, CO – January 17, 2025] – Stratus, the leading cloud-based platform for MEP contractors optimizing fabrication workflows, today announced the successful closing of its $32 million Series B funding round. This milestone investment was made by Radian Capital, a growth equity firm that partners with capital efficient technology companies.  The funding will fuel Stratus’ ongoing mission to revolutionize the construction industry by providing innovative solutions that streamline workflows, enhance efficiency, and empower MEP contractors to achieve unparalleled results. 

“This investment represents a major step forward in our journey to transform the construction industry,” said Jake Olsen, CEO of Stratus. “We’ve seen firsthand how digital workflows through fabrication and automation can revolutionize projects, enabling contractors to work smarter and faster. With the support of Radian Capital, we’re excited to expand our platform’s capabilities, invest in new innovations, and deliver even more value to our customers.” 

Stratus offers cutting-edge tools that allow contractors to optimize prefabrication and fabrication workflows, reducing errors and improving productivity. Its platform integrates seamlessly with industry-standard design tools, including Autodesk’s Revit and AutoCAD, ensuring contractors can leverage their existing software investments while unlocking new efficiencies.  With Stratus, contractors move to a digital platform to plan, schedule, manage, track and install fabrication – unlocking efficiency in the process as well as real-time performance metrics on their operations and projects. 

Jordan Bettman, Co-Founder and Managing Partner at Radian Capital, shared his enthusiasm about the partnership: “Stratus has established itself as a game-changer in the construction technology space, providing a solution that directly addresses critical pain points for contractors. We’re thrilled to support Stratus as they continue to bring digital transformation to the construction industry.” 

With this funding, Stratus plans to: 

Expand Product Innovation: Further develop and enhance the Stratus platform’s capabilities across VDC, fabrication shops and the field by focusing on features that increase user efficiency, collaboration and data reporting. 

Grow Go-To-Market and Customer Success Initiatives: Provide additional resources to support both new and existing contractors in achieving measurable results with Stratus. 

Scale Operations: Invest in key hires and infrastructure to support Stratus’ growing customer base. 

Since its inception in 2015, Stratus has been a leader of the construction technology revolution. By focusing on the needs of contractors and fabricators, Stratus has earned a reputation as a preferred solution for industry leaders looking to optimize their fabrication process and stay competitive in an ever-changing market. 

For more information about Stratus and how it’s transforming the construction industry, visit www.stratus.build.