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Struxtion logo — The Future of Financial Services in Construction

Struxtion

The Future of Financial Services in Construction

Founded 2019 United States Cincinnati, United States 6 employees Seed Total: $5.50M Construction

General Information

Company Name Struxtion
Founded Year 2019
Location United States Cincinnati, United States +1
Employees 6
Industries Construction
Funding Stage Seed
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About Struxtion

"Struxtion" is a technology-enabled financial services and vertical banking solution for commercial construction, encompassing specialized financial product offerings and embracing necessary construction-related tools. The company's tailored products target the unique flow of capital in the commercial construction industry, which represents over $1T in annual revenue and more than $5T in annual payments. By addressing the complexities of the financial supply chain and necessary risk mitigation measures, Struxtion aims to enhance operating efficiencies, accelerate payments, and reduce risk for all stakeholders in the value chain. Founded in 2019 and headquartered in the United States, Struxtion recently secured a $5.50M Seed Round investment on 01 November 2021. The investment was led by Cintrifuse, North American Properties, Associated Builders and Contractors, and Allied Construction Industries. The company’s platform offers construction-focused offerings such as ACH & paper check payments with embedded lien waivers, integrated early payments options, and funds control, providing a comprehensive solution tailored to the needs of the construction industry. With its innovative approach and targeted solutions, Struxtion is poised to disrupt and enhance the future of financial services in the construction sector.

Taxonomy: commercial construction, technology-enabled banking, operating efficiencies, risk mitigation, construction finance, payment solutions, lien waivers, funds control, ACH payments, paper check payments, early payment options, integrated financing, construction industry, embedded banking features

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round •••••• 4
Investor Investor
•••• •••• 		01 Nov 2021

FAQ About Struxtion

The Future of Financial Services in Construction
Struxtion was founded in 2019.
Struxtion is headquartered in Cincinnati, United States.
Struxtion operates in the following industries: Construction.
Struxtion has approximately 6 employees.
Struxtion has completed 1 funding round, raising a total of $5.50M. The latest funding stage is Seed.

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