$178-215k
+ Equity
Full-service procurement automation for electronics
Open for applications
Full-service procurement automation for electronics
21-100 employees
Open for applications
$178-215k
+ Equity
21-100 employees
To redefine the electronics supply chain with a platform that combines powerful software, an electronics marketplace, and in-house logistics support
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To redefine the electronics supply chain with a platform that combines powerful software, an electronics marketplace, and in-house logistics support
Supply chain pressure, tariffs and reshoring have pushed manufacturers to rethink how they buy parts - and Cofactr has grown with that shift. WHat started as a sourcing platform is now a full procure-to-shop service. Hardware teams can upload a built of materials and Cofactr's AI handles finding suppliers, negotiating prices, ordering parts, storing them, and delivering production-ready kits. It's built for complex industries like aerospace, defense, robotics and medical devices, where compliance and traceability matter.
A key step forward was Cofactr's acquisition of Cogbase, which added more than 450,000 North American suppliers to its network. That expansion means the company can now help with both standard electronic components and custom-made hardware. It also speeds up what used to be a slow, manual process of finding and vetting suppliers, a major advantage as US manufacturers look to strengthen domestic supply chains.
The company has also made its platform free to start, removing upfront software feeds. So customers pay only for the parts and services they use, making it easier for smaller of fast-growing hardware teams to adopt. And the bigger vision is simple: make procurement something engineers don't have to think about, so they can focus on building products instead of chasing suppliers.

Freddie
Company Specialist at Welcome to the Jungle
Dec 2024
$17m
SERIES A
Feb 2024
$2.1m
SEED
This company has top investors
Matthew Haber
(Co-Founder & CEO)Prior to co-founding Cofactr in 2021, Matthew co-founded BeSide Digital where he served as Managing Director until it was acquired by MAS, where he became the VP of Interactive Production and Technology.
Phillip Gulley
(Co-Founder & CRO)Former Director of Media at 3-Legged Dog Media & Theatre Group in New York. Co-founded BeSide Digital along with Matthew, and helped lead the company to acquisition. After this, they became VP of Creative Experience Design at MAS.
Software Engineering
Operations & Strategy