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Cosuno's mission is to re-invent construction software by helping construction companies find subcontractors, send out requests for proposals, and manage the pre-construction bidding process more productively.
Cosuno predict that traditional methods of bidding and awarding construction services are obsolete, being associated with significant wasted time and a lack of transparency. The startup aims to solve this problem by developing a B2B marketplace that provides project managers access to a database of around 80,000 subcontractors related to the construction industry.
Their business model involves charging clients a monthly fee in order to have access to their Software-as-a-Service product. Clients advertise their project on the platform, receive applications from contractors in the area and approve the bids from the applicant selected. By 2021, over €1bn were processed in transactions through the platform since its conception.
The construction industry is currently experiencing rapid growth, leading to a scarce labor force and increased prices. Cosuno aims to capitalize on this opportunity by digitizing the construction industry and providing project managers with a one-stop shop that allows them to manage everything related to working with construction subcontractors on just one platform.
Kirsty
Company Specialist at Welcome to the Jungle
Jul 2022
$31.6m
SERIES B
Jun 2021
$15.8m
SERIES A
This company has top investors
Christoph Berner
(Managing Director)Previously Global Head of Operations at Move24 Group for 1 year, Global Roll Out Manager & City/Country Manager at Foodora for 7 months and CMO & Global Head of Operations at Silexica also for 10 months.
Fritz Cramer
(Managing Director)Previously worked as Global Head of Operations for Move24 Group for 1 year, as a Consultant, Digitization at PERI for 1 year and in the Venture Capital Department at Paua Ventures also for 1 year.
Maximilian Seifert
(CTO)Previously Business Intelligence Analyst at Fyber for 5 months, Head of Business Intelligence at IONIQ Group for 1 year and Senior Backend Developer at AppLift for 4 years.