How Much Did Knowify Raise?
Funding & Key Investors

Knowify, a prominent player in the construction technology sector, has successfully secured a significant capital injection to bolster its market position. The firm has reached a cumulative total of $8M in financing, underscored by a recent strategic investment of $5.5M. This latest infusion of capital marks a pivotal moment for the New York-based enterprise, signaling strong investor confidence in its specialized software suite designed for the construction contracting industry.

What is Knowify?

Knowify
SoftwareEnterprise Resource Planning (ERP)

Founded in 2012, Knowify provides a comprehensive digital ecosystem tailored for construction contractors. The platform serves as an end-to-end administrative solution, integrating critical business functions such as contract management, change order tracking, scheduling, time logging, and automated invoicing. By digitizing these complex workflows, Knowify enables small to mid-sized construction firms to achieve operational efficiency and improved project oversight. The company occupies a vital niche in the construction tech landscape, effectively bridging the gap between field operations and back-office financial management through its robust SaaS architecture.

How much funding has Knowify raised?

Knowify has raised a total of $8M across 2 funding rounds:

2014

Angel/Seed

$2.5M

2021

Series A

$5.5M

Angel/Seed (2014): $2.5M, investors not publicly disclosed

Series A (2021): $5.5M led by Massachusetts Mutual Life Insurance, Dreamit Ventures, and Companyon Ventures Management

Key Investors in Knowify

Massachusetts Mutual Life Insurance

MassMutual Ventures is a venture capital investment firm focusing on cybersecurity, healthtech, and enterprise SaaS, providing strategic backing to high-growth technology companies.

Companyon Ventures Management

Companyon Ventures is a venture capital firm that specializes in early-stage B2B software and AI startups, supporting companies as they scale their enterprise value.

Dreamit Ventures

Dreamit Ventures is a growth-focused accelerator and venture firm that partners with startups to help them scale operations and secure market traction.

What's next for Knowify?

With the recent influx of capital, Knowify is well-positioned to accelerate its product development roadmap and expand its footprint within the competitive construction software market. The company is expected to leverage this major strategic investment to enhance its AI-driven analytics capabilities and deepen its integration with existing accounting and project management tools. As the construction industry continues to undergo digital transformation, Knowify's focus on streamlining administrative burdens positions it for sustained growth. The firm will likely prioritize scaling its customer acquisition efforts and refining its enterprise-grade features to meet the evolving demands of modern contracting businesses, ensuring it remains a leader in the construction management software space.

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Frequently Asked Questions Regarding Knowify Financial Insights

What are the most recent funding rounds that Knowify has completed, and what were the funding rounds?
Knowify has recently completed 2 funding rounds: Series A on Nov 11, 2021, Angel/Seed on Nov 1, 2014.
What is the total amount of funding Knowify has raised to date?
Knowify has raised a total of $8M in funding to date.
How many funding rounds has Knowify completed?
Knowify has completed 2 funding rounds.
How much funding did Knowify raise in its most recent funding round?
Knowify raised $5.5M in its most recent funding round.
Who are the lead investors in Knowify's latest funding round?
The lead investor in Knowify's latest funding round was Massachusetts Mutual Life Insurance. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Knowify's history?
The largest funding round in Knowify's history was $5.5M.
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