About Cutstruct
Cutstruct is a company based in Lekki (Nigeria) founded in 2019 by Tayo Odunsi and John Oamen. Cutstruct has raised $2.12 million across 3 funding rounds from investors including Techstars, Zedcrest Group and DFS Lab. Cutstruct offers products and services including Construction Materials Platform, Cement, and Granite. Cutstruct operates in a competitive market with competitors including Fixam, BCMart, Structurecity and Crystalux, among others.
- Headquarter Lekki, Nigeria
- Founders Tayo Odunsi, John Oamen
- SectorsReal Estate & Construction
- Email••••••••
- Phone•••• ••••
- Website cutstruct.com
- Social LinkedIn Instagram
- Legal Name Cutstruct Inc
- Total Equity Funding$2.12M (USD)
in 3 rounds
- Latest Funding Round$1.5M (USD), Seed
Jun 2025
- InvestorsTechstars
& 6 more
Products & Services of Cutstruct
Cutstruct offers a comprehensive portfolio of products and services, including Construction Materials Platform, Cement, and Granite.
Online service for ordering and delivering construction materials
High-quality cement for construction projects
Durable granite for use in building foundations
Funding Insights of Cutstruct
Cutstruct has successfully raised a total of $2.12M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1.5 million completed in June 2025. 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 $2.12M
- Total Rounds 3
- Last Round Seed — $1.5M
- First Round $600,000
(Nov 2022)
- Investors Count 7
All 3 funding rounds of Cutstruct 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 |
|---|---|---|---|---|---|
| Jun 2025 | $1.5M | Seed | – | CRE Venture Capital | |
| Jun 2023 | $20,000 | Seed | – | Techstars | – |
| Nov 2022 | $600,000 | Seed | – | Zedcrest Group, DFS Lab |
7 investors in total: 6 institutional and 1 angel.
Investors in Cutstruct
Cutstruct has secured backing from 7 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Techstars, Zedcrest Group and DFS Lab.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startups are accelerated globally without sector restrictions through structured programs. | 2006 | techstars.com | New York, United States | |
Startup accelerator focused on the Fintech sector | – | dfslab.net | Seattle, United States | |
Investments in tech sectors are made by CRE Venture Capital. | – | cre.vc | Johannesburg, South Africa | |
Investments are directed toward digitised, decentralised, and decarbonised business models. | – | e3-cap.com | Nairobi, Kenya | |
Provides financial services like trading, investments, and lending across Africa. | 2013 | zedcrest.com | Lagos, Nigeria | |
LoftyInc Capital Management oversees diversified investment portfolios across various asset classes. | 2017 | loftyinccapital.vc | Ikeja, Nigeria | |
KA Kola Aina | Founder of Ventures Platform, leading African VC, active angel investor in tech startups | – | unknown_c4a49120fd0c46238 | - |
Investor details for Cutstruct
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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People of Cutstruct
8 people are tracked at Cutstruct (7 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Tayo Odunsi | Co-Founder | Leadership |
John Oamen | Co-Founder | Leadership |
Modele Ajayi-Bembe | Chief Operating Officer | Leadership |
Oyindamola Olumodeji | Head Of Sales And Partnerships | Leadership |
Precious Zumbika-Lwanga | Chief Technical Officer | Leadership |
Lilian Ofere-Nosakhare | Head of People & Culture | Leadership |
Lolia Kienka - Csm® | Commercial Vice President | Leadership |
Sikiru Alowaye Ahmed | Finance Manager | Team |
Complete people profiles for Cutstruct
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Timeline of Cutstruct
3 dated milestones of Cutstruct across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Cutstruct is founded.
- Funding First funding round of $600K.
- Funding Latest funding round, Seed, of $1.5M.
Competitors of Cutstruct
Cutstruct 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 Fixam, BCMart, Structurecity and Crystalux, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fixam.africa | 2021 | Abuja, Nigeria | – | – | Operates a digital marketplace for buying and selling building materials. | |
| bcmart.com.ng | 2018 | Ikeja, Nigeria | – | – | Hosts a digital marketplace for construction equipment and building materials. | |
| structurecity.com | 2016 | Lagos, Nigeria | – | – | A digital marketplace for procuring building materials. | |
| crystalux.ng | 2018 | Lagos, Nigeria | – | – | Hosts a digital marketplace for building materials. |
Detailed competitors of Cutstruct
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- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Web traffic of Cutstruct
The website of Cutstruct (cutstruct.com) receives about 26.3K visits a month.
- Monthly visits26.3K
▲ 143.3% vs previous month
Latest news on Cutstruct
Complete news archive for Cutstruct
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Similar companies to Cutstruct
10 companies that operate in the same segment as Cutstruct (Construction & Building Tech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multi-category products are supplied via a B2B marketplace platform. | 2015 | Singapore, Singapore | USD 470.85 M | USD 642.28 M | 1,331 | |
SaaS project management software is provided for construction professionals. | 2003 | Carpinteria, California, United States | USD 405.2 M | USD 1.32 B | 4,200 | |
Cloud-based positioning solutions are offered for industrial sectors. | 1978 | Sunnyvale, California, United States | – | USD 3.59 B | 12,100 | |
Digital procurement and supply solutions for construction materials are facilitated. | 2016 | Thane, Maharashtra, India | USD 763.1 M | USD 1.43 B | 1,710 | |
Provider of cloud and AI-based virtual tour solutions for construction professionals | 2011 | Sunnyvale, California, United States | USD 163.18 M | – | – | |
Hover is recognized for providing construction and renovation software solutions. | 2011 | San Francisco, California, United States | USD 142.3 M | – | – | |
Cloud-based CRM and project management software for contractors is provided. | 2011 | American Fork, Utah, United States | USD 383 M | – | – | |
Cloud-based AR-enabled photo collaboration for field services is provided. | 2015 | Lincoln, Nebraska, United States | USD 36.25 M | – | – | |
AI and app-based smart windows are provided for buildings. | 2007 | Milpitas, California, United States | USD 3.71 B | – | – | |
Provider of management solutions for the construction sector | 1963 | Munchen, Bayern, Germany | – | USD 1.4 B | – |
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Frequently Asked Questions about Cutstruct
Cutstruct was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Cutstruct is headquartered in Lekki, Nigeria. It is registered at Lekki, Lagos, Nigeria.
Cutstruct is a funded company, having raised a total of $2.12M across 3 funding rounds to date. The company's 1st funding round was a Seed of $600K, raised on Nov 2022.
Cutstruct was founded in 2019 in Lekki, Nigeria, as a provider in the construction sector. The LiveVend platform is operated to connect users with materials and products, where prices are compared and deals from nearby suppliers are selected. Vendors are allowed to register and list items to access customers. Project progress is tracked through the system, and consultation services are made available for users.
Cutstruct's top competitors include Fixam, BCMart and Structurecity.
Cutstruct offers Construction Materials Platform, Cement, and Granite.
Cutstruct has 7 investors. Key investors include Techstars, Zedcrest Group, DFS Lab, LoftyInc Capital Management, and Kola Aina.
Cutstruct operates through Cutstruct Inc.