About Cofactr
Cofactr is a company based in Brooklyn (United States) founded in 2020 by Phillip Gulley and Matthew Haber. It operates as a SaaS (Software-as-a-Service) and Managed Services. Cofactr has raised $32.42 million across 4 funding rounds from investors including Floating Point, Bain Capital Ventures and Y Combinator. Cofactr has completed 1 acquisition, including Cofactr. Cofactr offers products and services including Source-to-Pay Platform and Third-Party Logistics (3PL).
- Headquarter Brooklyn, United States
- Founders Phillip Gulley, Matthew Haber
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website cofactr.com
- Social LinkedIn YouTube
- Legal Name Cofactr, Inc.
- Total Equity Funding$32.42M (USD)
in 4 rounds
- Latest Funding Round$17.21M (USD), Series A
Oct 2024
- InvestorsFloating Point
& 9 more
- Investments & Acquisitions
Products & Services of Cofactr
Cofactr offers a comprehensive portfolio of products and services, including Source-to-Pay Platform and Third-Party Logistics (3PL).
A platform for procurement and compliance management tasks.
Services for inventory storage and kitting solutions provided.
Apps and channels of Cofactr
its YouTube channel Cofactr has 238 subscribers and 28 videos.
Videos from Cofactr
The most watched videos on Cofactr's YouTube channel, Cofactr (238 subscribers). Click a video to play it here.
More on Cofactr.
Funding Insights of Cofactr
Cofactr has successfully raised a total of $32.42M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $17.21 million completed in October 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $32.42M
- Total Rounds 4
- Last Round Series A — $17.21M
- First Round $125,000
(Jun 2022)
- Investors Count 10
All 4 funding rounds of Cofactr with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2024 | $17.21M | Series A | – | Bain Capital Ventures | |
| Oct 2023 | $9.09M | Series A | – | – | – |
| Nov 2022 | $6M | Seed | – | Bain Capital Ventures | |
| Jun 2022 | $125,000 | Seed | – | Y Combinator | – |
10 investors in total: 10 institutional.
Investors in Cofactr
Cofactr has secured backing from 10 investors, including venture fund investors. Prominent investors backing the company include Floating Point, Bain Capital Ventures and Y Combinator.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund focused on investing in multiple sectors | – | baincapitalventures.com | Boston, United States | |
Early-stage startups are accelerated via funding and educational programs. | – | ycombinator.com | Mountain View, United States | |
Venture capital fund focused on tech companies | 2019 | floating.vc | New York, United States | |
Investments are directed by Broom Ventures toward early-stage tech companies. | – | broom.ventures | Palo Alto, United States | |
Investments in B2B sectors are made by DNX Ventures. | – | dnx.vc | San Mateo, United States | |
Venture capital fund focused on multiple sectors | – | cathexis.ventures | Houston, United States | |
Investments in multiple sectors are made by Pioneer Fund. | – | pioneerfund.vc | San Francisco, United States | |
Investment firm focused on supporting emerging entrepreneurial companies. | – | seedriver.com | - | |
Venture capital firm investing in multiple sectors | – | litani.com | Chicago, United States | |
Venture capital firm focused on aerospace, biopharma, consumer, and multiple sectors | – | correlationvc.com | San Francisco, United States |
Investor details for Cofactr
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Cofactr
21 people are tracked at Cofactr (14 in leadership, 7 in team).
| Name | Role | Group |
|---|---|---|
Phillip Gulley | Co-Founder | Leadership |
Matthew Haber | Co-Founder & CEO | Leadership |
Doug Shultz | Head of Strategic Accounts | Leadership |
Mike Warren | VP of Product | Leadership |
Andy Smith | Head of Marketing | Leadership |
Ed Dodd | Vice President Of Business Development | Leadership |
Libby Melton | VP Of Marketing | Leadership |
Kathie Corl | Creative Director | Leadership |
Robert Segal | VP Of Sales | Leadership |
Nino Hardin | Director Of Sales | Leadership |
Mykayla Banyai | Head Of People | Leadership |
Edward Dodd | VP, Business Development | Leadership |
Julie Sommerville | VP Of Engineering | Leadership |
Joshua Weber | Head Of Customer Success | Leadership |
Michael Saunders | Senior Frontend Engineer | Team |
Noah Trueblood | Data Engineer | Team |
Taylor Sloan | Software Engineer | Team |
Joe Sienkiewicz | Account Executive | Team |
J Riley Harrington | Principal Engineer | Team |
Anthony Blair | Senior Manager, Product Solutions | Team |
1 more people are available in the full profile.
Complete people profiles for Cofactr
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Cofactr
Cofactr has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Cofactr.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Core runtime and integration services for developer workflows are provided. | factor.io | Portland, United States | 2012 | Feb 2025 | •••• |
Complete acquisition details for Cofactr
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Cofactr
4 dated milestones of Cofactr across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Cofactr is founded.
- Funding First funding round of $125K.
- Funding Latest funding round, Series A, of $17.2M.
- Acquisition Acquires Cofactr.
Web traffic of Cofactr
The website of Cofactr (cofactr.com) receives about 16K visits a month.
- Monthly visits16K
▲ 74.4% vs previous month
Similar companies to Cofactr
10 companies that operate in the same segment as Cofactr (Procurement & Supply Chain IT), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based end-to-end spend management software is delivered for businesses. | 2006 | San Mateo, California, United States | USD 169 M | USD 39.68 M | 648 | |
Cloud-based positioning solutions are offered for industrial sectors. | 1978 | Sunnyvale, California, United States | – | USD 3.59 B | 12,100 | |
Zebra Technologies is recognized for providing intelligent operation solutions globally. | 1969 | Lincolnshire, Illinois, United States | – | USD 5.43 B | 9,900 | |
AI and cloud-based supply chain management solutions are provided. | 1985 | Scottsdale, Arizona, United States | USD 800 M | – | – | |
AI and SaaS-based robots for warehouse automation are provided. | 2012 | Roswell, United States | USD 545.23 M | USD 39.76 M | 553 | |
Provider of supply chain financing solutions for small and medium enterprises | 2017 | Mumbai, Maharashtra, India | USD 269.95 M | USD 48.5 M | 1,506 | |
AI-based electronic invoicing and supply chain management solution for businesses | 2009 | San Francisco, California, United States | USD 220.46 M | – | 185 | |
Contract lifecycle management software is developed using AI-powered intelligence. | 2016 | San Carlos, California, United States | USD 154.69 M | – | – | |
AI-powered software for legal contract management is utilized. | 2012 | Lehi, Utah, United States | USD 170.95 M | – | – | |
Procure-to-pay management software is offered for business operations. | 2017 | San Francisco, California, United States | USD 90.5 M | – | – |
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Frequently Asked Questions about Cofactr
Cofactr was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Cofactr is headquartered in Brooklyn, United States. It is registered at Brooklyn, New York, United States.
Matthew Haber is the current CEO of Cofactr. They have also founded this company.
Cofactr is a funded company, having raised a total of $32.42M across 4 funding rounds to date. The company's 1st funding round was a Seed of $125K, raised on Jun 2022.
Cofactr is established as a supply chain execution platform tailored for agile hardware teams. Operations are supported in source-to-pay processes, compliance management, and third-party logistics fulfillment. Integration of engineering, procurement, and logistics teams is facilitated through a unified system. Solutions are provided to transform bills of materials into finished products with full traceability. Services include strategic sourcing, real-time inventory tracking, and automated workflows. The platform is utilized by hardware manufacturers to ensure timely delivery of mission-critical components. Sectors served include electronics and hardware manufacturing with a focus on reducing procurement cycle times and costs.
Cofactr offers Source-to-Pay Platform and Third-Party Logistics (3PL).
Cofactr has made 1 acquisition, including Cofactr.
Cofactr has 10 investors. Key investors include Floating Point, Bain Capital Ventures, Y Combinator, Broom Ventures, and DNX Ventures.
Cofactr operates through Cofactr, Inc..