How Much Did Cosuno Raise?
Funding & Key Investors

Cosuno, the Berlin-based construction software innovator, has successfully solidified its market position through a series of high-profile capital injections. With a cumulative total funding amount reaching $45M, the firm has demonstrated a robust growth trajectory since its inception in 2019. The most recent strategic investment of $30M underscores the confidence institutional backers place in the company's ability to digitize the fragmented construction procurement landscape.

This latest infusion of capital serves as a critical milestone, enabling the organization to scale its operations and further penetrate the European market. By securing this financing, Cosuno is well-positioned to accelerate its product development cycle and enhance its enterprise-level software offerings, ensuring it remains at the forefront of the construction technology sector.

What is Cosuno?

Cosuno
SoftwareEnterprise Resource Planning (ERP)

Founded in 2019, Cosuno operates as a specialized software platform designed to streamline the complex procurement processes inherent in the construction industry. By providing a centralized digital environment for project management and vendor coordination, the company addresses significant inefficiencies that have historically plagued large-scale infrastructure and building projects. Its market position is defined by its ability to bridge the gap between traditional construction workflows and modern SaaS-based operational efficiency, making it an essential tool for general contractors and developers seeking to optimize their supply chain and project timelines.

How much funding has Cosuno raised?

Cosuno has raised a total of $45M across 2 funding rounds:

2021

Series A

$15M

2022

Series B

$30M

Series A (2021): $15M with participation from Cherry Ventures, Spark Capital, APIC Investments, and PERI

Series B (2022): $30M led by Cherry Ventures, Spark Capital, and Avenir

Key Investors in Cosuno

Cherry Ventures

A Berlin-based venture capital firm founded by former entrepreneurs that specializes in early-stage investments across European SaaS and technology sectors.

Spark Capital

A prominent venture firm with a global footprint that supports founders across all stages, known for backing transformative companies in the product and software space.

Avenir

An investment firm focused on identifying category-defining companies through a first-principles approach, targeting dominant players in their growth phase.

What's next for Cosuno?

Looking ahead, the strategic deployment of the $30M will likely focus on aggressive market expansion and the integration of advanced data analytics into the core platform. As the construction sector undergoes a digital transformation, Cosuno is poised to leverage its current momentum to capture a larger share of the enterprise market. The company's roadmap suggests a shift toward deeper automation and enhanced interoperability with existing construction management systems, which will be vital for maintaining its competitive edge. By focusing on high-impact growth, Cosuno aims to solidify its status as a category-defining player in the global construction technology ecosystem, potentially setting the stage for future international scaling efforts.

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Frequently Asked Questions Regarding Cosuno Financial Insights

What are the most recent funding rounds that Cosuno has completed, and what were the funding rounds?
Cosuno has recently completed 2 funding rounds: Series B on Feb 9, 2022, Series A on May 27, 2021.
What is the total amount of funding Cosuno has raised to date?
Cosuno has raised a total of $45M in funding to date.
How many funding rounds has Cosuno completed?
Cosuno has completed 2 funding rounds.
How much funding did Cosuno raise in its most recent funding round?
Cosuno raised $30M in its most recent funding round.
Who are the lead investors in Cosuno's latest funding round?
The lead investor in Cosuno's latest funding round was Cherry Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Cosuno's history?
The largest funding round in Cosuno's history was $30M.
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