Innovative cloud-based solutions to automate procurement and streamline financing in construction.
Location: United States, New York
Employees: 11-50
Phone: +1 650-313-6165
Total raised: $476.3M
Founded date: 2019
Investors 7
Funding Rounds 4
| Date | Series | Amount | Investors |
| 28.11.2024 | Series A | $264M | - |
| 08.08.2022 | Seed | $100M | - |
| 03.06.2022 | Seed | $106M | - |
| 06.03.2022 | - | $6.3M | - |
Mentions in press and media 9
| Date | Title | Description |
| 29.11.2024 | Constrafor's $264 Million Boost: A Game Changer for Construction Finance | In the bustling heart of New York City, a financial revolution is underway. Constrafor, a software provider tailored for the construction industry, has just secured a staggering $264 million in funding. This includes a $14 million equity ro... |
| 28.11.2024 | Constrafor Raises $14M in Series A; and $250M Credit Facility | Constrafor, a NYC-based software provider for the construction industry, raised $264M in equity and debt financing. The financing included: an equity component of $14M led by NFX, and a $250M credit facility led by Wafra and Crestline Inves... |
| 28.11.2024 | Constrafor: Construction Software Company Raises $264 Million (Equity & Credit Facility) | Constrafor, a software provider for the construction industry, today announced the closing of its $264 million Series A funding round. This funding, comprising an equity component of $14 million and a $250 million credit facility, has been ... |
| 24.04.2023 | Constrafor, a construction procurement company, goes ‘SAFE’ route with new capital | More construction projects are being started, but payments to contractors and their subcontractors continue to cause a bottleneck in the normal course of completing a project. “Banks are more and more careful with their own funding of devel... |
| 02.06.2022 | 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 ... |
| 01.06.2022 | Constrafor grabs $106M in equity, credit to finance construction subcontractors | Large construction projects often take a long time to finish, and subcontractors can get caught up in the flow of money, waiting, in certain circumstances, up to 80 days to be paid by general contractors. This not only causes delays, but al... |
| 06.03.2022 | Constrafor Raises $6.3M to Streamline Workflows in the Construction Industry and Improve Cash Flows for Subcontractors | Effective cash flow management is essential to any construction project. With already so many moving parts in any project, the model of general contractors and subcontractors introduces complexities as an entire project can be beholden to a... |
| - | Constrafor | “Constrafor offers procurement solutions for GCs and accelerated payment solutions for subcontractors to reduce payment cycles from 60 days to 1 day.” |
| - | Constrafor | “Constrafor: Revolutionizing Construction with AI Risk Management and Fast Payment Solutions for General Contractors and Subcontractors.” |