USA – 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.Led by CEO Anwar Ghauche, Constrafor provides: In addition to its core platform capabilities, Constrafor integrates with contractors’ existing technologies, including accounting programs, ERP systems and project management tools.02/06/2022