‘People are starting to pay attention’: Cincinnati startup raises $17M to continue hyper growth

A 10-year-old Greater Cincinnati startup is planning to use a recent multimillion-dollar raise to further expand its team and fuel a pair of new acquisitions as it continues its years-long double-digit growth streak.

Stack Construction Technologies, a Blue Ash-based construction tech startup, landed $17 million in new funding, led by Level Equity, a New York and San Francisco-based private investment firm. The raise was disclosed in a recent Securities and Exchange Commission filing and confirmed by Stack this week.

The funding more than doubles Level Equity’s initial backing of the company; the firm was Stack’s original institutional investor when Stack raised $7 million in growth equity in 2018.

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Story excerpt provided by Cincy Inno.

Written by Liz Engel.

Originally published March 23, 2022.