Stratus

About

Based in Colorado, US, and founded in 2015 by co-founders Todd Liebbe and Jonathan Umscheid, GTP Software, Inc. doing business as Stratus, operates as a provider of cloud-based software that provides MEP contractors with fabrication and construction management tools integrated with CAD and manufacturing systems. In January 2025, Stratus raised USD 40.61 million in Series B funding led by Radian Capital.  Stratus provides a variety of software solutions for the mechanical, electrical, and plumbing (MEP) contracting industry. The company’s product integrates design, fabrication, and project management functions into a cloud-based platform, facilitating collaboration among project stakeholders. Its functionalities include advanced features for fabrication tracking, spool creation, and conversion of building information modeling (BIM) data into fabric table spools. Stratus Flex improves the platform by providing mobile access for field teams, while Stratus Works specifically bridges the gap between engineering designs and actionable fabrication data for electrical contractors. The company plans to use the funding from January 2025 in the construction industry by providing solutions that manage workflows and empower MEP contractors.