What is Knowify?
Founded in 2012 and headquartered in New York City, Knowify offers a comprehensive suite of tools designed to streamline the operations of construction contracting businesses. Its platform covers essential functions including contract and change order management, project scheduling, time tracking, and invoicing. By centralizing these critical administrative tasks, Knowify empowers contractors to enhance efficiency, improve project oversight, and optimize financial management, addressing a key need within the construction industry for integrated business administration solutions.
How much funding has Knowify raised?
Knowify has raised a total of $8M across 2 funding rounds:
Angel/Seed
$2.5M
Series A
$5.5M
Angel/Seed (2014): $2.5M, investors not publicly disclosed
Series A (2021): $5.5M led by MassMutual Ventures, Companyon Ventures, and Dreamit Ventures
Key Investors in Knowify
MassMutual Ventures
MassMutual Ventures is a venture capital firm that invests in cybersecurity, healthtech, and enterprise SaaS. Established in 2014, it is based in Boston, Massachusetts, and focuses on strategic technology investments.
Companyon Ventures
Companyon Ventures is a venture capital firm specializing in Seed and Series A funding rounds for AI and B2B software startups. They employ a high-conviction approach to back hypergrowth companies aiming for significant enterprise value.
Dreamit Ventures
Dreamit Ventures is an early-stage venture capital firm that invests in technology startups. While specific investment focuses can vary, they are known for supporting innovative companies across different sectors.
What's next for Knowify?
The recent major strategic investment positions Knowify for accelerated growth and further product development. This capital infusion is expected to fuel the company's expansion into new markets and enhance its existing service offerings. With a focus on scaling its operations and deepening its technological capabilities, Knowify is poised to solidify its standing as a leading software provider for construction businesses. Future initiatives will likely concentrate on expanding its feature set to address evolving industry demands and strengthening its competitive advantage through strategic partnerships and enhanced customer support.
See full Knowify company page
