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Recently Funded|Amount: USD 85.0M|Industry: Software Development

Kojo Secures $85 Million in Funding to Revolutionize Materials Procurement for Contractors

Kojo

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51-200 employees employees (Est.)
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In a significant leap towards enhancing efficiency in the construction industry, Kojo has successfully raised $85 million in a recent funding round. As the leading materials procurement platform tailored specifically for trade and self-perform general contractors, Kojo has been making waves by transforming how businesses manage their procurement processes. By seamlessly connecting office teams, field crews, warehouses, and vendors into one comprehensive platform, Kojo enables contractors to take control of their projects from the initial takeoff phase all the way through to closeout. The primary purpose of this funding is to accelerate the development of innovative features within the Kojo platform, allowing for even greater integration and simplification of procurement workflows. This infusion of capital will also support the expansion of Kojo's market presence, bringing this game-changing technology to more contractors across the nation. With a focus on reducing material costs, minimizing waste, and ultimately increasing project productivity, Kojo is poised to redefine the standards of operational efficiency in the construction sector. The raised capital underscores the increasing recognition of the importance of digitization and streamlined processes in driving profitability and success for general contractors. As Kojo moves forward with its mission, the company remains committed to creating an empowered construction ecosystem that fosters collaboration and drives sustainable practices, making it an exciting time for stakeholders and users alike.
November 25, 2024

Buying Signals & Intent

Our AI suggests Kojo may be interested in solutions related to:

  • ERP Integration
  • Project Management Software
  • Accounting Software
  • Mobile Applications
  • Analytics Tools

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