Category
The Construction Clearinghouse.
A clearinghouse exists wherever a market is too important, too large, and too fragile to run on trust alone. Equities have the DTCC. Derivatives have LCH. Construction capital (the largest asset class in the world) has never had one. We built it.
Why construction needs one
A 52-day cash cycle is not a software problem. It is missing infrastructure.
Every other capital-markets problem of this size has been solved the same way: build a neutral rail, force counterparties to transact through it, and replace trust with cryptographic evidence.
Construction kept trying to solve it with better point tools. PMIS for the GC. Spreadsheet for the CFO. DocuSign for the waiver. Plaid for the payment. The point tools are good. The rail connecting them did not exist, so every participant keeps their own private ledger and reconciles by phone.
The Construction Clearinghouse is the missing piece. One signed record. Every counterparty on it. The rail, not another tool.
The five functions
What a clearinghouse actually does, applied to construction.
Clearing: Compliance gates
Pre-settlement verification
COI, waivers, prequal, prevailing wage, and state-statutory forms are validated deterministically before any obligation clears. No gate, no flow.
Settlement: Pay apps and waivers
Matched, reconciled, signed
AIA G702 and G703 intake is matched sub-by-sub against conditional and unconditional waivers in every state where the work is performed.
Disbursement: Draws on the rail
Lender-ready packages
Owner and lender draw packages move with the full underlying chain of evidence. Plaid and Modern Treasury handle the movement. The Clearinghouse handles the proof.
Custody: The project ledger
One record every party signs against
Every contract, commitment, change order, payment, and waiver is recorded once and reconciled everywhere. No duplicate books, no rekeying, no drift.
Reporting: Portfolio intelligence
Real-time counterparty analytics
Cash-cycle days, exposure, compliance posture, and benchmark performance, surfaced to the CFO, the owner, and the lender desk on the same data.
Counterparties
Six parties transact. One signed record.
General Contractor
Cut cash-cycle days. Retire the spreadsheet ledger. Route every pay app and waiver on one rail.
Subcontractor
Get paid faster. Carry a portable compliance record from job to job. Stop factoring.
Owner / Developer
Fund draws against signed evidence, not summaries. Real-time visibility into where capital sits.
Lender
Same-day draw approval with every underlying waiver, invoice, and compliance check pre-reconciled.
Surety
Live compliance posture across bonded principals. Early-warning signal before a default crystallizes.
Auditor
Immutable, timestamped chain of evidence for every dollar that moved, ready for Day-One audit.
We onboard four GCs per month.
Application required. We reply within one business day.