Foundation Software Named an Inc. 5000 Fastest-Growing Company

STRONGSVILLE, Ohio — (BUSINESS WIRE) — August 22, 2016 — Foundation Software, Inc., developer of FOUNDATION, America’s #1 Construction Accounting Software, announced being named among the Inc. 5000 list of fastest-growing private companies in America for the second year in a row. The honor recognizes 80% growth over the last three years.

One of the company’s largest areas of growth in the last year has been its Research & Development Department, which has grown by over half, more than tripling the size of its Web development team since last summer. Much of this investment has been in recruiting and training programming talent for the future of construction mobile technology.

“This is how we started as a company 31 years ago — finding people with above-average aptitude, a great attitude and a desire to grow,” said Fred Ode, CEO/Chairman of Foundation. “I think what we’re doing here is unique. Right now, it’s a challenge for businesses to find trained programmers. And the process we’re developing is absolutely going to be the future of this company to keep up our pace of growth.”

“Our growth has always been organic but also very intentional, so it fits us.” Since Ode started the company as a programmer in 1985, Foundation has remained under the same private ownership, free of outside investors or parent companies. “I’ve been saying for a long time, we wrote our own software from the ground up — twice — why can’t we grow our own pipeline of developers? Well, now we’re doing that, and that’s going to help give us the next five, 10, 20 years we’re working for.”

Foundation Software develops and supports job cost accounting and project management software for the construction industry. Its flagship program is the award-winning FOUNDATION construction accounting software, available on premise, on the cloud and with mobile tools. For more information, call (800) 246-0800 or email Email Contact.


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