CoFi logo — The Way Construction Finance SHOULD Be.

CoFi

The Way Construction Finance SHOULD Be.

Founded 2018 United States Pleasant Grove, United States 51 employees Series Unknown Total: $7.00M Finance, Financial Services +1

General Information

Company Name CoFi
Founded Year 2018
Location United States Pleasant Grove, United States +1
Employees 51
Industries Finance, Financial Services, Fintech
Funding Stage Series Unknown
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About CoFi

CoFi, founded in 2018, operates at the intersection of finance and technology to revolutionize the construction lending industry. With over 30+ years of experience, this U.S.-based fintech firm is well-equipped to address the nuanced needs of construction finance. Their innovative approach is encapsulated in the slogan, "The Way Construction Finance SHOULD Be."

By integrating a proprietary payment software platform, CoFi streamlines cash flow directly to construction sites. This platform enhances efficiency through features like digital-certified inspections and lien waiver management, allowing for accelerated payment processes. This fintech solution not only optimizes operational speed but also provides clients with improved control over financial transactions.

Backed by a Venture Round investment on January 1, 2023, from investors like Tunitas Ventures and Westerly Winds, CoFi is strategically positioned for growth and expansion in the financial services sector.

Taxonomy: Construction Finance, Specialized Lending, Proprietary Payment Software, Construction Cash Flow, Digital Inspections, Lien Waiver Management, Speed of Payment Control, Construction Servicing, Risk Mitigation, Construction Lending Solutions, Expertise in Construction, Financial Technology, Construction Payment Solutions, Inspections Technology, Construction Risk Management

Services & Products

Flexible Loan Programs
Automated Loan Servicing
CoFi Payment Software
Client Onboarding Services
Data Analytics and Insights

Target Customers

Single-Family Home Builders Multi-Unit Developers Fix & Flip Project Managers General Contractors Construction Industry Stakeholders

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round •••••• 2
Investor Investor
01 Jan 2023
Seed Round •••••• 3
Investor Investor
•••• ••••
09 Mar 2022

CoFi Alternatives & Competitors

View All Alternatives
CoFi vs

The industry leader in comprehensive construction risk management. We are the people behind the tech...

33 employees
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CoFi vs

We provide construction solutions that create transparency and support the flow of money to make bui...

Debt Financing
12 employees
Payments, SaaS
CoFi vs
BuildingBloc, Inc.
BuildingBloc, Inc. United States

Construction payments made simple.

Pre Seed
1 employees
Finance, Payments

FAQ About CoFi

The Way Construction Finance SHOULD Be.
CoFi was founded in 2018.
CoFi is headquartered in Pleasant Grove, United States.
CoFi operates in the following industries: Finance, Financial Services, Fintech.
CoFi has approximately 51 employees.
CoFi has completed 2 funding rounds, raising a total of $7.00M. The latest funding stage is Series Unknown.
CoFi offers: Flexible Loan Programs, Automated Loan Servicing, CoFi Payment Software, Client Onboarding Services, Data Analytics and Insights.
Top alternatives and competitors to CoFi include CFSI Loan Management, Payapps Limited, BuildingBloc, Inc. , Builders Protection Group, LLC, Struxtion. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
CoFi and CFSI Loan Management are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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