Effective cash flow management is essential to any construction project. With already so many moving parts in any project, the model of general contractors and subcontractors introduces complexities as an entire project can be beholden to any one part. Constrafor is an industry-specialized SaaS platform that allows general contracts and subcontractors to manage workflow and the procurement process in a centralized location. The platform also has finance options embedded for subcontractors to factor their invoices. By ensuring timely cash flows, Constrafor is attacking the cause of significant delays within the construction industry. Covering contracts, invoices and payments, AR processing, insurance requirements, and diversity procurement requirements, the company has built a network of 15,000+ contractors that have supported over 1500+ projects since the company’s founding in the Fall of 2019. AlleyWatch caught up with Constrafor CEO and Founder Anwar Ghauche to learn more about the business, the company’s strategic plans, latest round of funding, and much, much more…
Constrafor
The AlleyWatch Startup Daily Funding Report: 6/1/2022
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 6/1/2022 featuring funding details for Innerwell, Constrafor, and much more.