What is Knowify?
Founded in 2012 and headquartered in New York City, Knowify offers a comprehensive suite of tools designed to streamline the administration of construction contracting businesses. Its platform covers essential functions including contract and change order management, project scheduling, time tracking, and invoicing. By integrating these critical operational aspects, Knowify aims to enhance efficiency and profitability for contractors, addressing a key pain point in a traditionally fragmented market.
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 Dreamit Ventures, MassMutual Ventures, and Companyon Ventures
Key Investors in Knowify
Dreamit Ventures
Dreamit Ventures is an early-stage venture capital firm that invests in technology startups. It focuses on companies in sectors such as healthtech, cybersecurity, and enterprise SaaS, providing strategic guidance and capital to foster growth.
MassMutual Ventures
MassMutual Ventures is a venture capital investment firm established in 2014, based in Boston, Massachusetts. It primarily invests in cybersecurity, healthtech, and enterprise SaaS companies, offering strategic backing to innovative businesses.
Companyon Ventures
Companyon Ventures is a venture capital firm specializing in Seed and Series A funding rounds for AI and B2B software startups. They adopt a high-conviction approach, supporting companies aiming for significant enterprise value growth.
What's next for Knowify?
The recent major strategic investment signals a pivotal phase for Knowify, likely enabling the company to accelerate its product development, expand its market reach, and enhance its service offerings. This infusion of capital is expected to fuel further innovation in construction management technology, potentially allowing Knowify to solidify its competitive advantage and capture a larger share of the enterprise market. The company's focus on end-to-end administrative solutions positions it for continued expansion and strategic partnerships within the construction sector.
See full Knowify company page
