iSqFt
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{{Infobox company
| name = iSqFt, Inc.
| logo = ISqFt_corporate_logo.png
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| former_name = Construction Software Technologies
| type = Private
| industry = Commercial construction
| founded = {{start date|1993}} in Cincinnati, United States
| founder =
| hq_location =
| hq_location_city = Cincinnati
| hq_location_country = United States
| area_served = {{ublist|Canada |United States}}
| key_people = Dave Conway (CEO)
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| services = Software as a Service
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| divisions = {{ublist|Building Product Manufacturers |General Contractors |Subcontractors}}
| website = {{URL|www.isqft.com}}
}}
iSqFt is a Software as a service (SaaS) company that serves general contractors, subcontractors, manufacturers, and suppliers in the North American commercial construction industry.
The company, founded as Construction Software Technologies in 1993,{{cite web|url=http://www.isqft.com/start/about/history/|title=Our History - iSqFt|work=iSqFt}} is headquartered in Greater Cincinnati. Dave Conway is the president and CEO.{{cite web|url=http://www.isqft.com/start/about/key-executives/|title=Key Executives - iSqFt|work=iSqFt}}
Products
iSqFt’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.{{cite web|url=http://www.cincinnati.com/story/money/2015/08/05/isqft-merger/31170631/|title=iSqFt, construction data firm CMD merge|date=5 August 2015|work=Cincinnati.com}}{{cite web|url=http://www.bizjournals.com/cincinnati/news/2015/09/08/fast-growing-isqft-moving-its-headquarters.html|title=iSqFt moving its headquarters to Rookwood Exchange - Cincinnati Business Courier|date=8 September 2015|work=Cincinnati Business Courier}}{{cite web|url=http://upstart.bizjournals.com/entrepreneurs/hot-shots/2015/07/20/heres-how-a-cincinnati-contractor-became-ceo-of-a.html?page=2|title=Cincinnati's STACK Construction Technology continues fast growth|date=20 July 2015|work=Upstart Business Journal}}
Mergers and acquisitions
From 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{{cite web|url=https://www.forbes.com/sites/forbestreptalks/2015/05/18/investor-william-hsu-on-what-entrepreneurs-get-wrong-in-their-pitches/|title=Investor William Hsu On What Entrepreneurs Get Wrong In Their Pitches|author=Forbes Trep Talks|work=Forbes}}{{cite web|url=http://www.chrysalisventures.com/newsletters/20040603.html#section8|title=Chrysalis Ventures eNewsletter|work=chrysalisventures.com}}
- US Projects (Omaha, Neb.), a regional provider of online planning-phase project leads{{cite web|url=http://www.bizjournals.com/cincinnati/stories/2004/08/09/story2.html|title=CST builds blueprint for dominance|work=Cincinnati Business Courier}}
- BidFax (Memphis, Tenn.), a bid management client software application
- BidNews Construction Reports (Tulsa, Okla.), a regional provider of bidding-phase project information{{cite web|url=http://www.chrysalisventures.com/2009/10/isqftconstruction-software-technologies-acquires-bid-news-and-plan-express/|title=iSqFt/Construction Software Technologies Acquires Bid News and Plan Express|work=Chrysalis Ventures}}
- Plan Express (Memphis, Tenn.), a web-based document-sharing network
In 2006, iSqFt merged with Denver-based competitor Northstar Exchange Corp. (also known as Construction Information Network or Construction News Service).{{cite web|url=http://www.bizjournals.com/cincinnati/stories/2006/02/13/daily45.html|title=Construction info firm merges with competitor|work=Cincinnati Business Courier}}
In 2016, iSqFt became a part of ConstructConnect as a result of a merger with BidClerk, Construction Data and Construction Market Data.{{Cite web|url=http://www.bizjournals.com/cincinnati/news/2016/05/13/fast-growing-isqft-combines-with-3-firms-to-form.html|title=iSqFt combines with 3 firms to form ConstructConnect - Cincinnati Business Courier|website=Cincinnati Business Courier|access-date=2016-06-20}}{{Cite news|url=https://www.wsj.com/articles/DJFLBO0120150804eb84ipzwd|title=Warburg's CMD to Merge With Genstar-Backed iSqFt|date=2015-08-04|newspaper=Wall Street Journal|issn=0099-9660|access-date=2016-06-20}}{{Cite web|url=http://www.bizjournals.com/cincinnati/news/2015/08/04/fast-growing-isqft-merges-with-construction-data.html|title=iSqFt merges with construction data firm - Cincinnati Business Courier|website=Cincinnati Business Courier|access-date=2016-06-20}}
Awards and recognition
In 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.{{cite web|url=http://www.chrysalisventures.com/2004/10/isqft-named-to-inc-500/|title=iSqFt® Named To Inc. 500|work=Chrysalis Ventures}} The company appeared on the list again in 2005, after posting a three-year growth of 763%.{{cite web|url=http://www.chrysalisventures.com/2005/10/isqft-repeats-inc-500-selection/|title=iSqFt Repeats Inc. 500 Selection|work=Chrysalis Ventures}}
In 2009 and 2011, iSqFt was included on the Cincinnati Business Courier’s list of the fastest-growing companies in Greater Cincinnati.{{cite web|url=http://www.bizjournals.com/cincinnati/news/2015/06/29/isqft-looking-to-move-its-headquarters-expand.html|title=iSqFt looking to move its headquarters, expand rapidly|date=29 June 2015|work=Cincinnati Business Courier}}
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.”{{cite web|url=http://constructech.com/constructech-announces-the-2015-constructech-50/|title=Constructech - Constructech Announces the 2015 Constructech 50|work=Constructech}} Previously, iSqFt’s software application for subcontractors won a 2011 Constructech Magazine Top Products award.{{cite web|url=http://www.bizjournals.com/cincinnati/print-edition/2011/06/10/isqftconstruction-software.html|title=iSqFt/Construction Software|date=10 June 2011|work=Cincinnati Business Courier}}