# Allen Preger

> Allen Preger is a Series A investor at Hypar backing Real Estate and Construction. See 6 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Hypar](https://shizune.co/investors/profile/hypar)
- Location: San Francisco Bay Area, United States
- Total investments: 6
- Last investment: Jul 2025
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/allen-preger-2316974
- X (Twitter): https://twitter.com/allenpreger
- Website: https://x.com/allenpreger

Allen Preger is a Partner at Building Ventures and an Investor and member of the Board of Directors at Hypar. Allen leads the West Coast presence for Building Ventures from San Francisco. As a Partner in the firm, he shares his three decades of product, sales, and entrepreneurial leadership experience in built environment technology startups withthe Building Ventures team of portfolio companies, investors, and partners. He also draws on his vast network of industry connections to oversee the activities of the Building Ventures Innovators Network for the firm.Prior to Building Ventures, Allen was an Operating Partner at Borealis Ventures and a member of the firm’s Built Environment Investment Team. He was responsible for starting and growing the Borealis Ventures presence on the West Coast from San Francisco.Prior to joining Borealis, Allen was a co-founder and Chief Product Officer at Newforma, a Borealis portfolio company, where he led the team that built the industry’s leading AEC Project Information Management solution. He then spent 3+ years in London as VP of Global Strategy to help establish Newforma as the market leader in the UK and lead the localization effort for market entry to Continental Europe.Prior to Newforma, Allen was a Product Manager at Autodesk working on the company’s first generation of Building Information Modelling (BIM) products. He came to Autodesk through its acquisition of Softdesk, where as Managing Director in Singapore he led the company’s expansion into Asia Pacific.Allen is a San Francisco Bay Area native. He graduated with a BA in Economics and Math from Occidental College.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Real Estate | 2 | 33% |
| Construction | 2 | 33% |
| Information Technology | 2 | 33% |
| SaaS | 1 | 17% |
| Retail | 1 | 17% |

13 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 3 | 50% |
| Seed | 1 | 17% |
| Series B | 1 | 17% |
| Venture - Series Unknown | 1 | 17% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Parspec | Parspec offers an AI‑powered platform that streamlines product selection, quoting, and submittal processes for sales agents and distributors in the construction supply chain. It provides tools like a Product Finder that identifies spec‑compliant items, a quoting module for streamlined bid creation, and an automated solution for submittals andO&M documentation. The platform operates on a credit‑based pricing model tailored to usage and supports tiered plans with features such as guided onboarding and multi‑location support. | $20M | Series A | Jul 08, 2025 |  |
| Clearstory.build | Clearstory’s mission is to help the commercial construction industry get extra work processed and closed faster in order to reduce risk, waste less time, and increase transparency. This is done through the industry’s only Change Order Communication and workflow Platform, which supercharges extremely manual workflows and connects companies outsideof their internal financial software to resolve change orders in real-time. Along with a collaborative cloud-based COR log with real-time messaging and PDF mark-ups, Extracker includes digital Time and Material Tags, standardized Change Order Templates, trackable Change Notifications, and more, to organize and streamline the process. The software can be rolled out by Subcontractors across their entire company or General Contractors and Owners can use the software by making Extracker a project requirement for their Subcontractors. | $16M | Series B | Jun 27, 2024 |  |
| Parspec | Parspec offers an AI‑powered platform that streamlines product selection, quoting, and submittal processes for sales agents and distributors in the construction supply chain. It provides tools like a Product Finder that identifies spec‑compliant items, a quoting module for streamlined bid creation, and an automated solution for submittals andO&M documentation. The platform operates on a credit‑based pricing model tailored to usage and supports tiered plans with features such as guided onboarding and multi‑location support. | $11.5M | Seed | Feb 27, 2024 |  |
| Clearstory.build | Clearstory’s mission is to help the commercial construction industry get extra work processed and closed faster in order to reduce risk, waste less time, and increase transparency. This is done through the industry’s only Change Order Communication and workflow Platform, which supercharges extremely manual workflows and connects companies outsideof their internal financial software to resolve change orders in real-time. Along with a collaborative cloud-based COR log with real-time messaging and PDF mark-ups, Extracker includes digital Time and Material Tags, standardized Change Order Templates, trackable Change Notifications, and more, to organize and streamline the process. The software can be rolled out by Subcontractors across their entire company or General Contractors and Owners can use the software by making Extracker a project requirement for their Subcontractors. | $5.5M | Venture - Series Unknown | Jun 27, 2023 |  |
| Hypar | Hypar delivers expertise for multiple organizations to help them quickly create designs. The company was founded in 2018 and based in Culver City, California. | $5.5M | Series A | Jun 22, 2023 |  |
| Clearstory.build | Clearstory’s mission is to help the commercial construction industry get extra work processed and closed faster in order to reduce risk, waste less time, and increase transparency. This is done through the industry’s only Change Order Communication and workflow Platform, which supercharges extremely manual workflows and connects companies outsideof their internal financial software to resolve change orders in real-time. Along with a collaborative cloud-based COR log with real-time messaging and PDF mark-ups, Extracker includes digital Time and Material Tags, standardized Change Order Templates, trackable Change Notifications, and more, to organize and streamline the process. The software can be rolled out by Subcontractors across their entire company or General Contractors and Owners can use the software by making Extracker a project requirement for their Subcontractors. | $7M | Series A | Jun 08, 2022 |  |

6 of 6 investments shown.

## Co-investors
- [Cloud Apps Capital Partners](https://shizune.co/investors/profile/cloud-apps-capital-partners) — VC Fund, 3 deals together
- [Jackson Square Ventures](https://shizune.co/investors/profile/jsv) — VC Fund, 3 deals together
- [GS Futures](https://shizune.co/investors/profile/gs-futures) — VC Fund, 2 deals together
- [Heartland Ventures](https://shizune.co/investors/profile/heartland-ventures-17cc) — VC Fund, 2 deals together
- [Hometeam Ventures](https://shizune.co/investors/profile/hometeam-ventures) — VC Fund, 2 deals together
- [Innovation Endeavors](https://shizune.co/investors/profile/innovation-endeavors) — VC Fund, 2 deals together

## About Hypar

VC Fund · Culver City, United States

Hypar delivers expertise for multiple organizations to help them quickly create designs. The company was founded in 2018 and based in Culver City, California.

4 contacts available at Hypar.

| Name | Title | Profile |
| --- | --- | --- |
| Allen Preger | Investor, Board Director | https://shizune.co/investors/profile/allen-preger |
| Anthony Hauck | Chief Operating Officer | https://shizune.co/investors/profile/anthony-hauck |
| Ian Keough | CEO, Founder | https://shizune.co/investors/profile/ian-keough |
| Jesse Devitte | Investor, Director | https://shizune.co/investors/profile/jesse-devitte |

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## FAQ

### What does Allen Preger invest in?

Allen Preger invests primarily in Real Estate, Construction and Information Technology startups, most often at Series A and Seed stage. Most of the 6 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Allen Preger last invest?

The most recent investment recorded for Allen Preger closed in Jul 2025. Shizune tracks 6 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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