About Cosuno
Cosuno is a company based in Berlin (Germany) founded in 2019 by Maximilian Seifert, Fritz Cramer, and Christoph Kiko Berner.. Cosuno has raised $45 million across 2 funding rounds from investors including PERI Group, SIGNA and Avenir. The company has 62 employees as of December 31, 2021. Cosuno offers products and services including Cosuno Platform and Subcontractor Directory. Cosuno operates in a competitive market with competitors including Schuettflix, comstruct, CATHAGO, bex and Relok, among others.
- Headquarter Berlin, Germany
- Employees 62 as on 31 Dec, 2021
- Founders Maximilian Seifert, Fritz Cramer, Christoph Kiko Berner
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Sectors
Real Estate & Construction
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Cosuno Ventures Gmbh
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Annual Revenue
$1.85 M (USD)269as on Dec 31, 2022
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Net Profit
$-14.7 M (USD)-220as on Dec 31, 2022
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EBITDA
$-14.7 M (USD)-220as on Dec 31, 2022
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Total Equity Funding
$45 M (USD)
in 2 rounds
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Latest Funding Round
$30 M (USD), Series B
Feb 09, 2022
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Investors
PERI Group
& 11 more
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Employee Count
62
as on Dec 31, 2021
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Products & Services of Cosuno
Cosuno offers a comprehensive portfolio of products and services, including Cosuno Platform and Subcontractor Directory. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for tendering and subcontractor management in construction.
Directory to connect with qualified construction subcontractors.
Funding Insights of Cosuno
Cosuno has successfully raised a total of $45M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $30 million completed in February 2022. 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 Total Funding
- Total Rounds 2
- Last Round Series B — $30.0M
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First Round
First Round
(27 May 2021)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2022 | Amount | Series B - Cosuno | Valuation | Avenir Growth Capital | |
| May, 2021 | Amount | Series A - Cosuno | Valuation | Spark Capital , Cherry Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Cosuno
Cosuno has secured backing from 12 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include PERI Group, SIGNA and Avenir. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Growth equity investments are made by the private equity firm.
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Founded Year | Domain | Location | |
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Spark Capital is engaged in venture capital investments.
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Founded Year | Domain | Location | |
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Provider of early-stage venture capital funding for European technology companies
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Cosuno
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Cosuno
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cosuno Comparisons
Competitors of Cosuno
Cosuno operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Schuettflix, comstruct, CATHAGO, bex and Relok, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Building supplies are distributed electronically to enterprises.
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| domain | founded_year | HQ Location |
Comstruct provides digital delivery notes, automated invoice verification, and other services
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| domain | founded_year | HQ Location |
Procurement management software is offered via SaaS for construction professionals.
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| domain | founded_year | HQ Location |
Procurement management software is delivered via SaaS for construction professionals.
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| domain | founded_year | HQ Location |
Cloud-based procurement and material management software for construction industry.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Cosuno
When was Cosuno founded?
Cosuno was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is Cosuno located?
Cosuno is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Who is the current CEO of Cosuno?
Fritz Cramer is the current CEO of Cosuno. They have also founded this company.
Is Cosuno a funded company?
Cosuno is a funded company, having raised a total of $45M across 2 funding rounds to date. The company's 1st funding round was a Series A of $15M, raised on May 27, 2021.
How many employees does Cosuno have?
As of Dec 31, 2021, the latest employee count at Cosuno is 62.
What is the annual revenue of Cosuno?
Annual revenue of Cosuno is $1.85M as on Dec 31, 2022.
What does Cosuno do?
Cosuno was founded in 2019 in Berlin, Germany, as a provider of SaaS-based software for the construction sector. Subcontractor management is facilitated across the full project planning cycle. Features include material procurement, cost estimation, contract handling, invoice verification, bidding processes, team communication, and payment tracking. Operations focus on streamlining workflows for construction firms.
Who are the top competitors of Cosuno?
Cosuno's top competitors include Schuettflix, comstruct and bex.
What products or services does Cosuno offer?
Cosuno offers Cosuno Platform and Subcontractor Directory.
Who are Cosuno's investors?
Cosuno has 12 investors. Key investors include PERI Group, SIGNA, Avenir, Spark Capital, and Cherry Ventures.