CoFi

The Way Construction Finance SHOULD Be.

General Information
Company Name
CoFi
Founded Year
2018
Location (Offices)
Pleasant Grove, United States +1
Founders / Decision Makers
Number of Employees
48
Industries
Finance, Financial Services, Fintech
Funding Stage
Series Unknown
Social Media

CoFi - Company Profile

CoFi is a specialized construction lender with over 30+ years of experience in both lending and construction. The company's financing is backed by a proprietary payment software platform to expedite cash flow to the job site, including utilizing digital certified inspections and lien waiver management, allowing for control over the speed of payment. Founded in 2018 and headquartered in the United States, CoFi received its latest investment in a Venture Round at 01 January 2023. The investors in this round were Tunitas Ventures and Westerly Winds.

As a specialized construction lender, CoFi has tapped into the growing need for more efficient and tech-driven solutions in the construction finance industry. With its proprietary payment software platform, the company aims to address critical pain points in the industry, such as delayed payments and cumbersome paperwork. The recent Venture Round investment signifies investor confidence in CoFi's business model and its potential to disrupt and innovate within the construction finance space. This investment is expected to fuel the company's growth and further development of its technology platform to continue making an impact in the Finance, Financial Services, and Fintech industries.

Taxonomy: construction finance, specialized lender, payment software platform, cash flow management, digital certified inspections, lien waiver management

Funding Rounds & Investors of CoFi (2)

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Funding Stage Amount No. Investors Investors Date
Venture Round Unknown 2 01 Jan 2023
Seed Round $7.00M 3 Tenacity Venture Capital 09 Mar 2022

Latest News of CoFi

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No recent news or press coverage available for CoFi.

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