Top SaaS CEOs 2018
As CEO and co-founder of PlanGrid, Tracy Young is a 33-year old first-generation Asian-American disrupting two historically male-dominated industries: construction and technology. As a civil engineer, Tracy helped build Bay Area regional hospitals and struggled with problems arising from the lack of technology available to the construction industry. To tackle these problems, Tracy co-founded PlanGrid and recognized early on construction workers loved the intuitive mobile-based product she and her three co-founders had built.
Tracy’s mother taught her about profitability at an early age: “It’s simple: make more than you spend,” an approach that led PlanGrid to generate revenue first, then approach venture capital sources for funding — the antithesis of what most start-ups do. Under Tracy’s leadership and vision, PlanGrid has grown to more than 350 employees, its technology is now used on more than 1 million construction projects in 90 countries. PlanGrid’s investors include Sequoia Capital, Founders Fund and Y Combinator, among others.