# Constrafor

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

- Industry: Software
- Headquarters: New York, US
- Website: www.constrafor.com/
- Total disclosed funding: $33M
- Latest round: Series A (Jun 10, 2024)
- Investors on record: 12

## About

Based in New York, US, and founded by Anwar Ghauche (CEO) in 2019, Constrafor, Inc. operates as a cloud-based software company offering construction procurement solutions to contractors and financial solutions to specialty contractors. In June 2022, the firm raised USD 6.3 million in seed funding led by investor FinTech Collective, with participation from other investors Clocktower Technology Ventures, Commerce Ventures, and Village Global. The firm as of January 2022, has managed more than 5000 projects and over 500 million invoices. The company offers cloud-based software as a service to general contractors to streamline, automate and management contracts, COI (certificate of insurance) management of projects, mange track and review invoice, diversity procurement, and payment processing. The company also offers financing solutions such as early pay program to subcontractors to shorten the revenue cycle, frees up cash and engage in more projects, and AR processing for cash planning. The company plans to utilize its June 2022 funding to build new features for its platform and expand its subcontractor invoice financing services. In November 2024, Constrafor, Inc. raised USD 250 million in venture debt funding from Crestline Investors and Wafra.

## Funding rounds

- Series A, Jun 10, 2024, $22M — NFX
- Seed, May 24, 2022, $6.3M — Commerce Ventures, FinTech Collective, FJ Labs, Clocktower Technology Ventures, Village Global
- Seed, Jul 20, 2021, $4.9M — Commerce Ventures, FinTech Collective, FJ Labs, Clocktower Technology Ventures, Motive Partners, Fifth Wall Ventures, Notrevis
- Seed, Jun 1, 2021 — Commerce Ventures, FinTech Collective, Liquid 2 Ventures, FJ Labs, Clocktower Technology Ventures, Village Global, Manresa Ventures, Esas Holdings

## Investors

- Commerce Ventures (https://capitalatlas.ai/funds/commerce-ventures) — Seed
- FinTech Collective (https://capitalatlas.ai/funds/fintech-collective) — Seed
- Liquid 2 Ventures (https://capitalatlas.ai/funds/liquid-2-ventures) — Seed
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Seed
- Clocktower Technology Ventures (https://capitalatlas.ai/funds/clocktower-technology-ventures) — Seed
- Village Global (https://capitalatlas.ai/funds/village-global) — Seed
- Manresa Ventures (https://capitalatlas.ai/funds/manresa-ventures) — Seed
- Esas Holdings (https://capitalatlas.ai/funds/esas-holdings) — Seed
- Motive Partners (https://capitalatlas.ai/funds/motive-partners) — Seed
- Fifth Wall Ventures (https://capitalatlas.ai/funds/fifth-wall-ventures) — Seed
- Notrevis — Seed
- NFX (https://capitalatlas.ai/funds/nfx) — Series A