HomeFinTechConstrafor: Raises $100M+ in Funding

Constrafor: Raises $100M+ in Funding

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Constrafor Raises $100M+ in Funding

  • Constrafor, a New York-based provider of a SaaS construction procurement platform with embedded financing, raised $100M+ in Seed funding
  • The round was led by Fintech Collective with participation from Village Global, Clocktower Technology Ventures, Commerce Venture, Ramp, Uber, and Paxos
  • The company also received a credit facility from CoVenture
  • The company intends to use the funds to build out new functionalities and expand its subcontractor invoice finance offering, Early Pay Program
  • The company integrates with con tractors existing technologies, including accounting programs, ERP systems and project management tools
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