# Cofactr

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cofactr

- Industry: Software
- Headquarters: New York, US
- Website: www.cofactr.com
- Total disclosed funding: $23M
- Latest round: Series A (Oct 1, 2024)
- Investors on record: 11

## About

Founded in 2020 and based in New York, US, Cofactr Inc. operates as a supply chain management company that provides cloud-based logistics software and warehousing solutions for startups, small businesses, and medium-sized enterprises. The company was founded by its CEO Matthew Haber, and CRO Phil Gulley. In October 2024, Cofactr Inc raised USD 17.21 million in series A funding led by returning investor Bain Capital, with participation from new investors Floating Point and DNX Ventures. Other returning investors Broom Ventures, Y Combinator, and other unspecified investors also participated in the round. Cofactr offers cloud-based logistic software, which is an electronics procurement platform that provides warehousing solutions for start-ups, and small, and medium-sized enterprises. The company also offers a pre-factory warehousing facility that stores and manages electronic components, mechanical parts, and connectors. It also provides services to customers in aerospace, robotics, automotive, and agricultural technology. The company monetizes through subscription-based pricing plans, and the plans include core, pro, and enterprise. The company plans to use the funds raised in November 2022 to lead the next generation of agile hardware materials management.

## Funding rounds

- Series A, Oct 1, 2024, $17M — Bain Capital, Y Combinator, DNX Ventures, Floating Point, Broom Ventures
- Seed, Nov 28, 2022, $6M — Bain Capital, Correlation Ventures, Y Combinator, Pioneer Fund, Seed River, Broom Ventures, Litani Ventures, Cathexis Holdings, Sweet Spot Capital

## Investors

- Bain Capital (https://capitalatlas.ai/funds/bain-capital) — Seed, Series A
- Correlation Ventures (https://capitalatlas.ai/funds/correlation-ventures) — Seed
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed, Series A
- Pioneer Fund (https://capitalatlas.ai/funds/pioneer-fund) — Seed
- Seed River — Seed
- Broom Ventures (https://capitalatlas.ai/funds/broom-ventures) — Seed, Series A
- Litani Ventures (https://capitalatlas.ai/funds/litani-ventures) — Seed
- Cathexis Holdings — Seed
- Sweet Spot Capital (https://capitalatlas.ai/funds/sweet-spot-capital) — Seed
- DNX Ventures (https://capitalatlas.ai/funds/dnx-ventures) — Series A
- Floating Point (https://capitalatlas.ai/funds/floating-point) — Series A