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aVenture is in Alpha: aVenture recently launched early public access to our research product. It's intended to illustrate capabilities and gather feedback from users. While in Alpha, you should expect the research data to be limited and may not yet meet our exacting standards. We've made the decision to temporarily present this information to showcase the product's potential, but you should not yet rely upon it for your investment decisions.
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Cofactr: Streamlining electronics procurement & logistics for hardware teams.
Cofactr, founded as part of Y Combinator's Winter 2022 cohort, focuses on revolutionizing electronics procurement and logistics for hardware teams. The company aims to replace traditional spreadsheets and storage methods with advanced insights and on-demand infrastructure, helping innovative hardware teams scale their electronic hardware from Bill of Materials (BOM) through production. Cofactr's core mission is to streamline pre-factory logistics and procurement processes, providing a cloud-based solution that enhances efficiency and scalability in the electronics market.
Notable investors in Cofactr include Bain Capital Ventures, reflecting significant venture funding and confidence in the startup's potential. The company has demonstrated growing revenue and impact within the electronics industry by offering a unique solution that addresses critical pain points in hardware development. Cofactr's approach has garnered attention for its ability to simplify complex logistics and procurement tasks, ultimately driving innovation and efficiency for hardware teams worldwide.
Operating Status
Active
Ownership Type(s)
Venture Capital
Main Product(s)
Logistics, Procurement
Technology
Cloud
Tags
SaaS, Supply Chain
Model Types
Software
Revenue Type(s)
Recurring
Customer Type(s)
Enterprise
Geographic Exposure
Global
When was Cofactr founded?
Cofactr was founded in 2021.
Where is Cofactr’s headquarters located?
Cofactr’s headquarters is located in New York City, NY, US.
When was Cofactr’s last funding round?
Cofactr’s most recent funding round was for $2.9M (USD) in October 2023.
How many employees does Cofactr have?
Cofactr has 15 employees as of Apr 29, 2024.
How much has Cofactr raised to-date?
As of July 05, 2023, Cofactr has raised a total of $9.1M (USD) since Oct 1, 2023.
Add Comparison
Total Raised to Date
$9.1M
USD
Last Update Oct 1, 2023
Last Deal Details
$2.9M
USD
Oct 1, 2023
Series Unknown
Total Employees Over Time
15
As of Apr 2024
Cofactr Address
New York City,
New York
11217
United States
Source(s): This page includes data and analysis provided by the company, OpenAI, and our research analysts