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Dive brief:
- With the help of its venture financing arm, New York City-based Turner Construction struck a deal with Clearstory Exchange Order Management Platform to use its technology in company workplaces, according to an Oct. 28 announcement.
- Turner has made Clearstory’s cloud-based platform available to its project teams to complement change order management processes, according to the press release. The collaboration will help Turner’s project teams digitize the traditionally manual workflows of tracking, documenting and reconciling change orders and time and materials work, according to the builder.
- The rollout was cemented by Turner Ventures, the contractor’s venture capital arm released in March. Since launch, Turner has used Clearstory on more than 350 of its projects, with users reporting reduced administrative time, more streamlined collaboration and faster decision-making.
Diving knowledge:
Clearstory launched in 2018 and provides tools to help builders manage change order management. The company raised a $16 million Series B funding round in 2024.
As part of the deal, Turner will serve on Clearstory’s Customer Advisory Board, co-pilot features and establish an enterprise agreement that will enable broader implementation, according to the press release. Turner has not invested in Clearstory, according to Chris McFadden, Turner’s vice president of communications and marketing.
“Clearstory layers a high-touch workflow that affects hundreds, if not thousands, of people on our projects and makes it simpler and faster in a way that raises the bar for results,” said Maria Pantelaros, Turner’s chief innovation officer, in the press release. “That’s the kind of innovation we embrace.”
Turner, who is the largest contractor in the country by revenuehas focused on transforming its business through technology. On November 4, the company announced a “wall-to-wall” partnership with technology giant OpenAIwhich would give all employees access to ChatGPT Enterprise.
Earlier, in May, so did Turner launched xPL Offsitea new offsite manufacturing and construction group that would focus on projects in the advanced technology sector while expanding into others.
The collaboration also underscored how the contractor’s venture arm is working with startups to boost its work, a trend that has grown in the construction industry as builders seek. partner with later stage startups.
