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 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
- The company integrates with con tractors existing technologies, including accounting programs, ERP systems and project management tools