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Constrafor logo — Enabling the Construction Industry to Prosper

Constrafor

Enabling the Construction Industry to Prosper

Founded 2019 United States New York, United States 79 employees Venture round Total: $113.80M Financial Services, Fintech +2

General Information

Company Name Constrafor
Founded Year 2019
Location United States New York, United States
Employees 79
Industries Financial Services, Fintech, SaaS +1
Funding Stage Venture round
Social

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About Constrafor

Constrafor is a SaaS and fintech startup dedicated to revolutionizing the construction industry. Focused on enabling general contractors (GCs) and subcontractors to streamline essential back-office tasks and financial transactions, it aims to increase productivity and cost-efficiency. The platform offers a range of solutions. For GENERAL CONTRACTORS, it provides a comprehensive cloud platform to manage subcontractor procurement, administration, contracts, certificates of insurance, invoices, payments, and diversity procurement in one centralized location. Meanwhile, for SUBCONTRACTORS, Constrafor offers fast and cost-effective receivables financing including an Early Pay Program (EPP) to shorten the payment cycle, unlock working capital, and facilitate taking on additional projects. Founded in 2019 and headquartered in the United States, Constrafor secured a notable $7.50M Venture Round investment on 24 April 2023, which was led by prominent investors including Clocktower Ventures, FinTech Collective, Commerce Ventures, FJ Labs, Fifth Wall, Motive Partners, and NotreVis. With its focus on the intersection of financial services, fintech, SaaS, and construction, Constrafor is poised to bring about significant change in the industry.

Business keywords: construction industry, cloud platform, general contractors, subcontractors, procurement management, financial transactions, receivables financing, working capital, cost-efficiency, productivity, back-office tasks, contract management, invoice processing

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round $7.50M 7
FinTech Collective Commerce Ventures FJ Labs
FinTech Collective, Commerce Ventures +5
24 Apr 2023
Debt Financing $100.00M 1
CoVenture
CoVenture
01 Jun 2022
Seed Round $6.30M 4
FinTech Collective Village Global Commerce Ventures
FinTech Collective, Village Global +2
01 Jun 2022
Seed Round Undisclosed 10
FinTech Collective Village Global Commerce Ventures
FinTech Collective, Village Global +8
01 Jun 2021
Pre Seed Round Undisclosed 1
Liquid 2 Ventures
Liquid 2 Ventures
03 Sep 2020
Pre Seed Round Undisclosed 1
Village Global
Village Global
15 Jan 2020

Constrafor Alternatives & Competitors

View All Alternatives
Constrafor vs
Kojo
Kojo United States

Kojo is the construction industry’s leading materials procurement platform.

Series C
142 employees
Logistics, SaaS
Compare Constrafor vs Kojo
Constrafor vs
Nvoicia | Growth Factor Technologies
Nvoicia | Growth Factor Technologies Ghana

Unlocking working capital

Pre-Seed
4 employees
Financial Services, Fintech
Compare Constrafor vs Nvoicia | Growth Factor Technologies
Constrafor vs
DEMICA
DEMICA United Kingdom

Transforming trade. Powering progress

Series C
87 employees
Financial Services, Fintech
Also compare with: Constrafor vs E1 (AU / NZ) E1 (AU / NZ) View all alternatives

FAQ About Constrafor

Enabling the Construction Industry to Prosper
Constrafor was founded in 2019.
Constrafor is headquartered in New York, United States.
Constrafor operates in Financial Services, Fintech, SaaS and Construction. Its work centres on construction industry, cloud platform, general contractors and subcontractors.
Constrafor has approximately 79 employees.
Constrafor has completed 6 funding rounds, raising a total of $113.80M. The latest funding stage is Venture round.
Top alternatives and competitors to Constrafor include Kojo, Nvoicia | Growth Factor Technologies, DEMICA, E1 (AU / NZ), Mintifi. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Constrafor and Kojo 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.

Source: BounceWatch company record for Constrafor, https://bouncewatch.com/company/constrafor, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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