iSqFt is a Software as a service (SaaS) company that serves general contractors, subcontractors, manufacturers, and suppliers in the North American commercial construction industry.
 | |
| Formerly | Construction Software Technologies |
|---|---|
| Company type | Private |
| Industry | Commercial construction |
| Founded | 1993 in Cincinnati, United States |
| Headquarters | Cincinnati , United States |
Area served |
|
Key people | Dave Conway (CEO) |
| Services | Software as a Service |
| Divisions |
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| Website | www |
The company, founded as Construction Software Technologies in 1993,[1] is headquartered in Greater Cincinnati. Dave Conway is the president and CEO.[2]
Products
editiSqFt’s software products are used primarily during the design, pre-construction, and procurement stages of construction, and are designed to help users identify project leads and product sales opportunities, network with other construction professionals, manage the bid solicitation process, and view and share digital drawings and specifications.[3][4][5]
Mergers and acquisitions
editFrom 2004 through 2009, iSqFt acquired a number of smaller or regional competitors, including:
- BuildPoint (Redwood Shores, Calif.), a provider of online bid management services for general contractors[6][7]
- US Projects (Omaha, Neb.), a regional provider of online planning-phase project leads[8]
- BidFax (Memphis, Tenn.), a bid management client software application[8]
- BidNews Construction Reports (Tulsa, Okla.), a regional provider of bidding-phase project information[9]
- Plan Express (Memphis, Tenn.), a web-based document-sharing network[9]
In 2006, iSqFt merged with Denver-based competitor Northstar Exchange Corp. (also known as Construction Information Network or Construction News Service).[10]
In 2016, iSqFt became a part of ConstructConnect as a result of a merger with BidClerk, Construction Data and Construction Market Data.[11][12][13]
Awards and recognition
editIn 2004, iSqFt was named one of Inc. magazine's 500 fastest-growing private companies in the country, ranking 50th on the list and first overall in the construction industry.[14] The company appeared on the list again in 2005, after posting a three-year growth of 763%.[15]
In 2009 and 2011, iSqFt was included on the Cincinnati Business Courier’s list of the fastest-growing companies in Greater Cincinnati.[16]
In July 2015, iSqFt was named to the Constructech 50, a list of “the most influential construction technology providers with a strong and ongoing market presence.”[17] Previously, iSqFt’s software application for subcontractors won a 2011 Constructech Magazine Top Products award.[18]
References
edit- ^ "Our History - iSqFt". iSqFt.
- ^ "Key Executives - iSqFt". iSqFt.
- ^ "iSqFt, construction data firm CMD merge". Cincinnati.com. 5 August 2015.
- ^ "iSqFt moving its headquarters to Rookwood Exchange - Cincinnati Business Courier". Cincinnati Business Courier. 8 September 2015.
- ^ "Cincinnati's STACK Construction Technology continues fast growth". Upstart Business Journal. 20 July 2015.
- ^ Forbes Trep Talks. "Investor William Hsu On What Entrepreneurs Get Wrong In Their Pitches". Forbes.
- ^ "Chrysalis Ventures eNewsletter". chrysalisventures.com.
- ^ a b "CST builds blueprint for dominance". Cincinnati Business Courier.
- ^ a b "iSqFt/Construction Software Technologies Acquires Bid News and Plan Express". Chrysalis Ventures.
- ^ "Construction info firm merges with competitor". Cincinnati Business Courier.
- ^ "iSqFt combines with 3 firms to form ConstructConnect - Cincinnati Business Courier". Cincinnati Business Courier. Retrieved 2016-06-20.
- ^ "Warburg's CMD to Merge With Genstar-Backed iSqFt". Wall Street Journal. 2015-08-04. ISSN 0099-9660. Retrieved 2016-06-20.
- ^ "iSqFt merges with construction data firm - Cincinnati Business Courier". Cincinnati Business Courier. Retrieved 2016-06-20.
- ^ "iSqFt® Named To Inc. 500". Chrysalis Ventures.
- ^ "iSqFt Repeats Inc. 500 Selection". Chrysalis Ventures.
- ^ "iSqFt looking to move its headquarters, expand rapidly". Cincinnati Business Courier. 29 June 2015.
- ^ "Constructech - Constructech Announces the 2015 Constructech 50". Constructech.
- ^ "iSqFt/Construction Software". Cincinnati Business Courier. 10 June 2011.