Tech Company Financing Transactions

CoFi Funding Round

CoFi closed a $7 million Seed venture capital round on 3/9/2022. Investors included Blackhorn Ventures, MetaProp NYC and Tenacity Venture.

Transaction Overview

Company Name
Announced On
3/9/2022
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Seed
Investors

Blackhorn Ventures (Lead Investor) (Dr. Raymond Levitt)

MetaProp NYC (Lead Investor)

Tenacity Venture (Lead Investor)

Proceeds Purpose
With the new funding, CoFi will help builders address the country's housing supply crisis, first by getting projects financed faster, and second by getting subcontractors paid in as little as four days -- a huge improvement from the 74 days they might have to wait without CoFi.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
1172 W 700 N Ste 100
Lindon, UT 84042
USA
Email Address
Overview
We were builders. With the heavy weight of managing our teams, our job sites, and our businesses, we realized that securing the right financing and processing draws dominated our time and attention, as well as that of our staff.
Profile
CoFi LinkedIn Company Profile
Social Media
CoFi Company Twitter Account
Company News
CoFi News
Facebook
CoFi on Facebook
YouTube
CoFi on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Cameron Harris
  Cameron Harris LinkedIn Profile  Cameron Harris Twitter Account  Cameron Harris News  Cameron Harris on Facebook
Chief Executive Officer
Mike Lacey
  Mike Lacey LinkedIn Profile  Mike Lacey Twitter Account  Mike Lacey News  Mike Lacey on Facebook
Chief Technical Officer
David Rockwood
  David Rockwood LinkedIn Profile  David Rockwood Twitter Account  David Rockwood News  David Rockwood on Facebook
VP - Sales
Andrew Poulsen
  Andrew Poulsen LinkedIn Profile  Andrew Poulsen Twitter Account  Andrew Poulsen News  Andrew Poulsen on Facebook


 

 

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Prev: 3/9/2022: Once Upon a Farm venture capital transaction
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About Database of VC Transactions

We do our best to document every notable VC transaction. VC transactions reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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