Stratus, a leading cloud-based platform for MEP (mechanical, electrical, and plumbing) contractors, has successfully closed a $32 million Series B funding round. The investment, led by Radian Capital, marks a significant step in Stratus’ mission to revolutionize the construction industry through advanced digital workflows, automation, and fabrication optimization.

Stratus enables MEP contractors to streamline fabrication workflows, reduce errors, and improve productivity. By integrating with industry-standard tools like Autodesk Revit and AutoCAD, Stratus enhances efficiency while allowing contractors to leverage existing software investments. The platform offers features for planning, scheduling, managing, tracking, and installing fabrication, providing real-time performance insights.

Jake Olsen, CEO of Stratus, emphasized the importance of this funding:

“This investment represents a major step forward in our journey to transform the construction industry. Digital workflows and automation enable contractors to work smarter and faster. With Radian Capital’s support, we’re excited to expand our platform’s capabilities and deliver even more value to our customers.”

Radian Capital’s investment highlights Stratus’ growing influence in the construction technology sector. Jordan Bettman, Co-Founder and Managing Partner at Radian Capital, expressed confidence in the partnership:

“Stratus has established itself as a game-changer, addressing critical pain points for contractors. We’re excited to support Stratus as they drive digital transformation in the construction industry.”

With the new funding, Stratus aims to:

• Expand Product Innovation: Enhance the platform’s capabilities across VDC (Virtual Design and Construction), fabrication shops, and field operations to boost efficiency, collaboration, and data reporting.
• Grow Customer Success Initiatives: Strengthen support for both new and existing contractors, ensuring measurable results.
• Scale Operations: Invest in key hires and infrastructure to accommodate its expanding customer base.

Since its founding in 2015, Stratus has been at the forefront of the construction technology revolution. By addressing the unique needs of MEP contractors and fabricators, it has become a preferred solution for industry leaders looking to stay competitive in an evolving market.

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