Flashtract - About the company
Flashtract is an acquired company based in Auburn (United States), founded in 2017 by Blair Chenault. It operates as a Developer of cloud software for construction billing and payment management. Flashtract has raised $16.3M in funding from Addition and Shine Capital. The company has 50 active competitors, including 13 funded and 3 that have exited. Its top competitors include companies like Flex, PayKeeper and Constrafor.
Company Details
Developer of cloud software for construction billing and payment management. This platform facilitates the exchange of lien waivers, tracks subcontractor compliance, and automates payment application workflows for contractors. The software integrates with various construction management systems and accounting programs to reduce manual tasks and improve financial accuracy during project billing cycles.
- Website
- flashtract.com
- Email ID
- *****@flashtract.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2017
Location
Auburn, United States
Stage
Acquired
Total Funding
$16.3M in 2 rounds
Latest Funding Round
Ranked
6th among 50 active competitors
Employee Count
1 as on Jul 31, 2026
Exit Details
Acquired by Trimble (May 08, 2024)
Legal entities associated with Flashtract
Flashtract is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
FLASHTRACT, INC. CIN: 6793362 , United States, Active | Mar 12, 2018 | - | - | - |
Flashtract's acquisition details
Flashtract got acquired by Trimble on May 08, 2024.
Click here to take a look at Flashtract's acquisition in detail
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Flashtract's funding and investors
Flashtract has raised a total funding of $16.3M over 2 rounds. Its first funding round was on May 07, 2020. Its latest funding round was a Series A round on Jan 13, 2022 for $*****. 2 investors participated in its latest round. Flashtract has 2 institutional investors.
Here is the list of recent funding rounds of Flashtract:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 13, 2022 | 9445815 | Series A | 8805322 | 4888675 | 4587002 | 7530253 |
May 07, 2020 | 6085385 | Seed | 7019973 | 6118991 | 2710802 | 9249826 |
View details of Flashtract's funding rounds and investors
Flashtract's founders and board of directors
Founder? Claim ProfileThe founders of Flashtract is Blair Chenault. Blair Chenault is the CEO of Flashtract.
Here are the details of Flashtract's key team members:
- Blair Chenault: Co-Founder & CEO of Flashtract. Contact Info: 1 email address
View details of Flashtract's Founder profiles and Board Members
Flashtract's employee count trend
Flashtract has 1 employees as of Jul 26. Here is Flashtract's employee count trend over the years:
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Flashtract's Competitors and alternates
Top competitors of Flashtract include Flex, PayKeeper and Constrafor. Here is the list of Top 10 competitors of Flashtract, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Flex 2020, Miami (United States), Series B | Internet digital bank for business banking | $184M | 59/100 | |
2nd | PayKeeper 2004, South Jordan (United States), Seed | Provider of condition-based payment processing and escrow management execution engine | $3.24M | - | 46/100 |
3rd | Constrafor Manhattan (United States), Series A | Provider of cloud based risk management and construction growth software | $27.8M | 44/100 | |
4th | Adaptive 2021, New York City (United States), Series A | Developer of artificial intelligence software for automated construction project accounting | $26.4M | 42/100 | |
5th | SquareDash 2022, Dallas (United States), Series A | Provider of satellite imagery based residential roof replacement and inspection | $20M | 39/100 | |
6th | Flashtract 2017, Auburn (United States), Acquired | Developer of cloud software for construction billing and payment management | $16.3M | 38/100 | |
7th | Provider of a platform for managing construction supply chain and finances | $3.4M | 36/100 | ||
8th | SaaS-driven project payment management solution for construction professionals | $1.75M | 34/100 | ||
9th | Construction project and payment management solution | - | - | 33/100 | |
10th | ProjectPAY 2017, Perth (Australia), Funding Raised | Online payment software for the construction industry | - | 29/100 |
Looking for more details on Flashtract's competitors? Click here to see the top ones
Flashtract's Investments and acquisitions
Flashtract has made no investments or acquisitions yet.
Reports related to Flashtract
Here is the latest report on Flashtract's sector:
News related to Flashtract
•
Founder & CEO of Atlanta-based Flashtract Talks Through Acquisition DecisionHypepotamus•May 20, 2024•Flashtract, Trimble
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Construction payments startup Flashtract closes $15M Series AThe Real Deal•Jan 14, 2022•Flashtract, Shine Capital, Addition
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