CoFi (Business/Productivity Software) Overview
- Founded
-
2016

- Status
-
Private
- Employees
-
40

- Latest Deal Type
-
Series 2
- Latest Deal Amount
-
$7M
- Investors
-
6
CoFi (Business/Productivity Software) General Information
Description
Developer of integrative business software designed to improve the construction lending process. The company's software automates and modernizes the construction payment process by removing inefficiencies and bringing predictability and consistency to residential, commercial, and SBA loans, enabling banks and private lenders to manage and scale their construction portfolios and empowering contractors to get project funding backed by on-demand payments.
Contact Information
Website
www.cofisoftware.com
Formerly Known As
eDraw
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Business/Productivity Software
Other Industries
Automation/Workflow Software
Financial Software
Other Financial Services
Primary Office
- 1172 West 700 North
- Suite 100
- Lindon, UT 84042
- United States
+1 (435) 000-0000
CoFi (Business/Productivity Software) Timeline
CoFi (Business/Productivity Software) Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
5. Seed Round | 09-Mar-2022 | $7M | 00.000 | 0000 | Completed | Generating Revenue |
4. Early Stage VC (Series A) | 23-Sep-2021 | 00.000 | Completed | Generating Revenue | ||
3. Accelerator/Incubator | 30-Jun-2020 | 0000 | 00.000 | Completed | Generating Revenue | |
2. Seed Round | 05-Mar-2020 | $1.1M | $1.5M | 00.00 | Completed | Generating Revenue |
1. Seed Round | 18-Dec-2019 | $400K | $400K | 00.00 | Completed | Generating Revenue |
CoFi (Business/Productivity Software) Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Seed Plus | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 000 | |
Seed Plus-1 | 0,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
Seed Plus-2 | 1,087,300 | $0.000100 | 6% | $0.45 | $0.45 | 1x | $0.45 | 5.14% |
CoFi (Business/Productivity Software) Comparisons
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Developer of integrative business software designed to improve the construction lending process. The company's software
Business/Productivity Software
Lindon, UT
40
As of 2022
00.000
000
0000-00-00
000000000
00.000
CoFi (Business/Productivity Software) Competitors (1)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
00000 000000000000 | Venture Capital-Backed | Nashville, TN | 000 | 00000 | 00000000000 | 00000 |
CoFi (Business/Productivity Software) Executive Team (4)
CoFi (Business/Productivity Software) Signals
CoFi (Business/Productivity Software) Investors (6)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|---|---|---|---|---|
MetaProp NYC | Venture Capital | Minority | 000 0000 | 000000 0 | |
Olam Capital | Venture Capital | Minority | 000 0000 | 000000 0 | |
Tenacity Venture Capital | Venture Capital | Minority | 000 0000 | 000000 0 | |
Dreamit Ventures | Accelerator/Incubator | Minority | 000 0000 | 000000 0 | |
Blackhorn Ventures | Venture Capital | Minority | 000 0000 | 000000 0 |