Vertical, founded in Chicago, focuses on revolutionizing construction payment tracking with innovative solutions. Leveraging extensive experience in construction escrow and B2B payments, Vertical aims to streamline monthly business operations for construction firms nationwide. Their core product, a lien waiver management tool, automates lien waiver requests to enhance vendor relationships and expedite payments. Vertical integrates seamlessly with platforms like Procore, ensuring efficient and accurate accounting processes.
Notable figures associated with Vertical include Alvin Lu, president and CEO, and Takashi Sakuda, COO. The company has garnered attention for its impactful solutions in the construction industry, significantly improving the efficiency of payment tracking and vendor management. By automating complex processes, Vertical has made a substantial impact on how construction businesses handle their monthly draws, contributing to smoother operations and better financial management across the sector.
