Total amount raised
$28.4 Millions
Latest funding date
12/01/2024
Location
Cofactr has developed a supply chain execution platform tailored for agile hardware teams, integrating data intelligence, procurement, and logistics to streamline the hardware supply chain. The platform enhances speed and accuracy in procurement, ensuring hardware manufacturers get exactly what they need from BOM to build.
Keep reading to explore the intricacies of Cofactr's fundraising journey and the investors backing this innovative platform.
What Is Cofactr?
Cofactr is a supply chain execution platform designed to streamline the hardware supply chain for agile hardware teams. It integrates data intelligence, procurement, and logistics to ensure efficient and accurate procurement processes.
Operating within the supply chain management and logistics industry for hardware manufacturing, Cofactr connects engineering, procurement, and logistics teams. The platform is praised for its efficiency and comprehensive solutions, helping companies build robust supply chains and compete with legacy companies.
How Much Funding Has Cofactr Raised?
- Funding Round: Seed Round
- Amount Raised: $6.2M
- Date: April 2022
- Lead Investors: Bain Capital Ventures
- Funding Round: Funding Round
- Amount Raised: $2.9M
- Date: September 2023
- Lead Investors: Bain Capital Ventures
- Funding Round: Seed Round
- Amount Raised: $2.1M
- Date: February 2024
- Funding Round: Series A
- Amount Raised: $17.2M
- Date: December 2024
- Lead Investors: Bain Capital Ventures
In total, Cofactr has raised $28.4M.
Key Investors
- Bain Capital Ventures
- Details: Bain Capital Ventures is a leading venture capital firm that partners with disruptive founders to accelerate their ideas to market. They have a strong track record of investing in early-stage and growth-stage companies.
- Investment Focus Areas: Technology, healthcare, financial services, consumer products, and business services.
- Notable Investments: LinkedIn, DocuSign, AvidXchange.
Use Clay to Get Funding Data
Sales professionals, leverage Clay’s platform to access comprehensive fundraising data on companies like Cofactr and gather other critical business insights.
Sign up for free to start transforming your sales strategy today.
