# CostCertified

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

- Industry: Software
- Headquarters: Calgary, Canada
- Website: www.costcertified.com
- Total disclosed funding: $8.4M
- Latest round: Seed (Oct 6, 2021)
- Investors on record: 4

## About

CostCertified Inc. provides a construction management software platform that enhances efficiency and profitability for contractors and construction firms through automated estimating, project management, and payment processing functionalities.CostCertified Inc., founded in 2016 and headquartered in Calgary, Canada, specializes in construction management solutions. The company was co-founded by Lewis Cowie and Michael Bignold, who has a history of entrepreneurship. In October 2021, CostCertified raised USD 8.45 mn in a Seed funding round led by FUSE, with participation from other investors such as I2BF Global Ventures and Soma Capital, bringing the total amount raised to USD 8.45 mn.CostCertified offers a comprehensive construction management software platform that automates estimating, project management, and payment processes. This platform serves roofing contractors, home renovators, builders, and subcontractors in the United States and Canada, facilitating quick quote generation and efficient budget management while reducing manual workflow.CostCertified generates revenue through a subscription model for access to its construction management software. Clients subscribe monthly or annually to utilize features like automated scheduling and budgeting tools aimed at improving project turnaround and cash flow management.Following a successful Seed funding round in October 2021, CostCertified plans to expand its headcount by over 100 employees in the next year, focusing on product development and sales growth. The company aims to enhance its offerings and penetrate new markets, specifically targeting expansions within North America and beyond.

## Funding rounds

- Seed, Oct 6, 2021, $8.4M — I2BF, Y Combinator, Soma Capital, FUSE

## Investors

- I2BF (https://capitalatlas.ai/funds/i2bf) — Seed
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Soma Capital — Seed
- FUSE (https://capitalatlas.ai/funds/fuse) — Seed