What is Knowify?
Headquartered in New York City, Knowify provides a comprehensive digital ecosystem designed to streamline the administrative burdens of construction contracting businesses. The platform serves as a centralized hub for essential operations, including contract and change order management, project scheduling, time tracking, and automated invoicing. By digitizing these traditionally manual workflows, Knowify enables contractors to improve operational efficiency, enhance project visibility, and maintain tighter control over financial performance.
The company's market position is defined by its focus on the intersection of construction management and enterprise SaaS. By offering a unified interface for complex business processes, Knowify addresses the specific pain points of small-to-mid-sized contractors who require robust, scalable software to compete in an increasingly digitized construction 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 Massachusetts Mutual Life Insurance, Companyon Ventures Management, and Dreamit Ventures
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 capital to high-growth technology companies.
Companyon Ventures Management
Companyon Ventures is a venture capital firm specializing in early-stage B2B software and AI startups, known for supporting companies as they scale their enterprise value.
Dreamit Ventures
Dreamit Ventures is a growth-focused venture firm that partners with startups to accelerate their market entry and operational scaling within the enterprise technology sector.
What's next for Knowify?
With the support of this major strategic investment, Knowify is well-positioned to accelerate its product development roadmap and expand its market reach. The company is expected to leverage this capital to enhance its core platform capabilities, potentially integrating advanced analytics or AI-driven insights to further optimize project delivery. As the construction industry continues its digital transformation, Knowify's focus on automating the back-office functions of contracting firms will likely remain a key driver of its long-term value proposition. The firm's ability to attract institutional backing from established venture capital entities signals strong confidence in its capacity to capture a larger share of the construction software market.
See full Knowify company page
