Kojo

Kojo

Procurement platform for construction industry

About

Kojo is a procurement platform tailored for the construction industry, focusing on helping trade and self-perform contractors manage their material needs effectively. The platform provides a materials management system that allows contractors to track inventory in real-time, compare prices, and manage orders, which helps them save on material costs and reduce waste. Unlike many competitors, Kojo integrates seamlessly with other construction management tools like Procore, enhancing its usability and efficiency for users. The company operates on a subscription-based model, where contractors pay a recurring fee to access its features, ensuring consistent revenue while delivering value through cost savings and improved productivity. Kojo's goal is to transform the construction procurement process, making it easier for contractors to make informed purchasing decisions and optimize their operations.

Company Stage

Series C

Employees

51-200

Industries

Industrial & Manufacturing, Enterprise Software

Total Funding

$81M

Headquarters

San Francisco, California

Founded

2018


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Simplify's Take

What believers are saying

  • Kojo's expansion into prefabrication aligns with the growing trend of offsite construction.
  • The launch of Kojo AP meets the demand for digital financial solutions in construction.
  • New integrations with major electrical suppliers tap into the $130 billion U.S. market.

What critics are saying

  • Rapid expansion into new sectors may stretch Kojo's resources, causing inefficiencies.
  • Kojo's subscription model may be vulnerable during economic downturns affecting construction budgets.
  • Scaling challenges may arise from rapid growth, impacting service quality and support.

What makes Kojo unique

  • Kojo consolidates procurement for contractors, enhancing visibility and control over materials.
  • The platform integrates with tools like Procore, streamlining construction management processes.
  • Kojo Prefab connects prefab shops to business operations, optimizing offsite construction.

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Growth & Insights
Headcount

6 month growth

-2%

1 year growth

0%

2 year growth

-4%

Benefits

Remote Work Options

Company Equity

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