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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.
Social
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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
Investors
Ranked
Employee Count
1 as on Jul 31, 2026
Similar Companies
Exit Details
Acquired by Trimble (May 08, 2024)

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
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Flashtract's founders and board of directors

Founder? Claim Profile
The founders of Flashtract is Blair Chenault. Blair Chenault is the CEO of Flashtract.
Here are the details of Flashtract's key team members:

Flashtract's employee count trend

Flashtract has 1 employees as of Jul 26. Here is Flashtract's employee count trend over the years:
Employee count trend for Flashtract
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Flex
Flex
2020, Miami (United States), Series B
Internet digital bank for business banking
$184M
59/100
2nd
Logo for PayKeeper
PayKeeper
2004, South Jordan (United States), Seed
Provider of condition-based payment processing and escrow management execution engine
$3.24M
-
46/100
3rd
Logo for Constrafor
Constrafor
Manhattan (United States), Series A
Provider of cloud based risk management and construction growth software
$27.8M
44/100
4th
Logo for Adaptive
Adaptive
2021, New York City (United States), Series A
Developer of artificial intelligence software for automated construction project accounting
$26.4M
42/100
5th
Logo for SquareDash
SquareDash
2022, Dallas (United States), Series A
Provider of satellite imagery based residential roof replacement and inspection
$20M
39/100
6th
Logo for Flashtract
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
Logo for Harbr
Harbr
2016, Halifax (Canada), Seed
SaaS-driven project payment management solution for construction professionals
$1.75M
34/100
9th
Logo for E-Komplet
E-Komplet
2012, Aalborg (Denmark), Acquired
Construction project and payment management solution
-
-
33/100
10th
Logo for ProjectPAY
ProjectPAY
2017, Perth (Australia), Funding Raised
Online payment software for the construction industry
-
29/100
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Flashtract's Investments and acquisitions

Flashtract has made no investments or acquisitions yet.

Reports related to Flashtract

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News related to Flashtract

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