Contractor+

Contractor+ is a field-service management solution for contractors.

It’s more than a tool, says the company. It’s a bridge connecting contractors to the digital era, providing everything they need to unite their teams, save time, and grow their business.

Last year, the global-construction market was valued at thirteen trillion dollars. By 2032, it’s projected to reach twenty-three trillion dollars.

But most companies in this industry aren’t multi-billion-dollar juggernauts. They’re smaller, mom-and-pop operations. Many are contractors who work individually or with just one other partner.

For these contractors, scaling a business is tough. Processes like sales and administrative work are time-consuming and inefficient. And existing solutions designed to help are either limited or expensive.

That’s why Contractor+ built a new type of platform. It’s an actionable, efficient dashboard that houses everything a contractor needs.

At its core, this company’s platform aggregates all information a contractor needs to monitor and grow their business. Users can see everything from jobs to estimates to invoices to payments. There are schedules, time clocks, live maps, payment trackers, and revenue charts. Users can even use the platform to create project estimates, build a company website, and manage relationships with customers and vendors.

Contractor+ generates revenue through a number of channels, including subscriptions, premium add-ons, hardware sales, insurance, and tool & equipment rentals. Pricing for a team of five users, for example, runs about $150 per month. For reference, subscribing to platforms with all of the same services individually would run close to $5,000 per month.

Contractor+ has been used to manage more than 75,000 home-improvement projects. And it has more than 800 paying businesses onboard and 5,500 monthly-active users.

The company’s annual run-rate is on the rise — from $48,000 in 2021 to $456,000 in 2024. And it’s exceeded revenue targets each of the past three years (2021-2023).

Contractor+ has partnerships and integrations with Thumbtack, Intuit Quickbooks, and Square. And notably, the company’s valuation has already jumped from three million dollars in 2021 to more than eight million dollars.

As it continues to scale, Contractor+ projects to reach $231,000 in monthly-recurring revenue (MRR) in 2026 and $535,000 in MRR in 2028. Total revenue in 2028 is projected to surpass twenty-two million dollars.

Team Background

Justin Smith - Chief Executive Officer

Justin started his first business at age thirteen, an internet startup, then began his professional career as a web developer.

He then shifted to the home-improvement industry, managing a handyman business with thirty-five employees for seven years.

He holds a Master’s degree in Entertainment Business from Full Sail University.

Roshan Sethia - Chief Technology Officer

Prior to Contractor+, Roshan managed an IT-services business for ten years.

In 2009, he met CEO Justin Smith, and the two collaboratively built a search-engine-optimization software startup that was eventually acquired.

He earned a Bachelor’s degree in Engineering from the University of Mumbai.

Mike Demler - Board Member

Mike has more than a decade of software-development experience, having built and exited a software company in the hospitality industry.

Today, in addition to his role with Contractor+, he is a co-founder at Konducter, Inc., a software company focused on the restaurant industry.

Mike earned a Bachelor’s degree in Computer Science from the University of San Diego.

Co-Investors