Constrafor raises Series A with $14M Equity and $250M credit facility to solve construction industry challenges [Yahoo! Finance]
DoorDash, Inc. (DASH)
Company Research
Source: Yahoo! Finance
The funding, led by NFX, Wafra, and Crestline Investors, will accelerate Constrafor's growth plans and cement its leadership in construction finance technology. Constrafor's platform modernizes subcontractor relationships, streamlines procurement and payment processes, and offers financial solutions such as early payment programs and insurance management. The funding will enable Constrafor to expand its reach and impact, helping contractors build sustainable and profitable businesses. Series A investment led by NFX accelerates Constrafor's mission to provide cutting-edge financial and AI-powered solutions for the construction industry NEW YORK Nov. 27, 2024 /PRNewswire/ -- Constrafor , a pioneering software provider for the construction industry, today announced the successful close of its $264 million Series A funding round. The financing, comprising an equity component of $14 million and a $250 million credit facility, has been led by NFX on the equity side, and Wafra and Crestl
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Earnings
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DASH
Sec Filings
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