Congratulations to portfolio company Constrafor on the announcement of their $14m Series A round of financing, led by NFX. The company also raised a $250m credit facility from Wafra and Crestline. Constrafor had its start with software focusing on contractors. With the new capital, it plans to launch financial software for subcontractors — which have larger labor forces than general contractors and buy material.
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Construction fintech company Constrafor gets $14m Series A
"It's data center, semiconductors and government infrastructure [driving demand]," Ghauche says. The company crossed $22 million in ARR last month, up from some $10 million roughly three months ago
