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CINCINNATI - ConstructConnect, a provider of software solutions for the construction industry, appointed Gaurav Singal as Chief Technology Officer, according to a press release issued Monday.
In his new role, Singal will oversee product development, IT, security, quality assurance, and development operations at the company.
Singal previously served as Chief Technology Officer at Cantaloupe (NASDAQ:CTLP), a company currently valued at $775 million with strong revenue growth of nearly 13% in the last twelve months. At Cantaloupe, he scaled a payments platform handling over $3 billion and serving more than 1.2 million IoT locations across North America. According to InvestingPro data, the company has demonstrated robust financial health with a 36% price return over the past six months.
His prior experience includes positions as Executive VP & CIO of the Georgia Lottery Corporation, Chief Product Officer for Last Mile at XPO Logistics, and Vice President of Technology at Goldman Sachs.
"Gaurav brings a rare combination of operational expertise and visionary leadership," said ConstructConnect CEO Buck Brody in the statement.
ConstructConnect has received recognition as a 2025 Top Workplace USA and in several regional categories. The company provides software solutions that deliver information to construction professionals, helping commercial firms, manufacturers, contractors, and architects make data-driven decisions and streamline preconstruction workflows.
The company’s statement noted that its offerings include AI-assisted software designed to help clients find, bid, and win construction projects. Based on InvestingPro analysis, Cantaloupe is currently trading near its Fair Value, with additional insights available in the comprehensive Pro Research Report, one of 1,400+ detailed company analyses available to subscribers.
In other recent news, Cantaloupe, Inc. announced that it received a second request for additional information from the U.S. Federal Trade Commission (FTC) concerning its proposed merger with 365 Retail Markets, LLC. This request, issued under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, extends the waiting period for regulatory review. The review period will continue until 30 days after both companies have substantially complied with the FTC’s request, unless the agency decides to terminate it earlier. Additionally, Cantaloupe disclosed that its Chief Technology Officer, Gaurav Singal, will leave the company effective October 7. The company clarified that Singal’s departure is a personal decision and is not related to any disagreements with Cantaloupe’s operations, policies, or practices. These developments were communicated through a regulatory filing with the Securities and Exchange Commission. Cantaloupe is based in Malvern, Pennsylvania, and is listed on the NASDAQ Stock Market.
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