Knowify, a New York-based leader in construction business management software, announced that it closed $5.45 million in Series A funding led by MassMutual Ventures and Companyon Ventures. Dreamit Ventures and Knowify's existing investors also participated in the round.
Knowify plans to use the capital to expand its collaboration with Intuit QuickBooks and strengthen its brand awareness by building out the company's go-to-market team. Additionally, the newly secured funding will help support product enhancements.
Company: Knowify, Inc.
Raised: $5.45M
Round: Series A
Funding Month: November 2021
Lead Investors: MassMutual Ventures and Companyon Ventures
Additional Investors: Dreamit Ventures
Company Website: https://www.knowify.com/
Software Category: Construction business management software
About the Company: Founded in 2016, Knowify is a SaaS platform for construction contractors that provides job management tools and real-time business intelligence to help them streamline their business processes, take on more jobs and ultimately run a more profitable business. Knowify offers modern, web-based tools to help specialty contractors and residential general contractors run their businesses better. Knowify covers all aspects of administering a contracting business, from the contract and changes order management to scheduling, time tracking, invoicing, and more. Knowify also features extensive integration with Intuit QuickBooks and is a top-rated construction solution on Intuit's Apps.com.
Source: https://www.prnewswire.com/news-releases/knowify-secures-5-45m-in-series-a-financing-led-by-massmutual-ventures-and-companyon-ventures-301422267.html