What is Cosuno?
Founded in 2019, Cosuno operates within the construction technology sector, offering a software platform designed to streamline operations for businesses in this industry. Headquartered in Berlin, Germany, the company is positioned to address the digital transformation needs of a traditionally complex and often fragmented market. Its focus on providing essential tools for construction firms indicates a strategy aimed at capturing market share through technological enablement and efficiency gains.
How much funding has Cosuno raised?
Cosuno has raised a total of $45M across 2 funding rounds:
Series A
$15M
Series B
$30M
Series A (2021): $15M with participation from PERI, Cherry Ventures, APIC Investments, and Spark Capital
Series B (2022): $30M led by Spark Capital, Avenir, and Cherry Ventures
Key Investors in Cosuno
Spark Capital
Spark Capital is a venture capital firm known for investing in creators and products across various sectors, including fintech, automotive, and consumer tech. They support founders from early stages through growth, operating out of San Francisco, Boston, and New York City.
Avenir
Avenir is an investment firm that partners with founders to build category-defining companies, focusing on identifying significant market changes and investing in dominant growth-stage companies across sectors like AI, digital marketing, and healthcare.
Cherry Ventures
Cherry Ventures is an early-stage venture capital firm based in Europe, founded by experienced entrepreneurs. They invest in a range of industries including SaaS, mobility, and space tech, providing capital and operational expertise to support founders.
What's next for Cosuno?
The substantial enterprise-level and strategic investment Cosuno has attracted suggests a company poised for significant expansion. This funding is likely to be deployed towards enhancing its product development, broadening its market reach, and potentially exploring strategic acquisitions. As Cosuno moves into its next phase of growth, its ability to leverage this capital to solidify its position as a leader in construction software will be critical. The company's trajectory indicates a strong potential for further innovation and market penetration.
See full Cosuno company page
