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Constrafor

AI-assisted subcontractor procurement, compliance, and early-pay financing platform

Cloud platform for general contractors to prequalify, contract, and manage subcontractor compliance (COIs, contracts, invoices, diversity procurement) in one system, paired with an Early Pay financing program that lets subcontractors get invoices funded within about 48 hours instead of waiting the industry-standard 45-80 days.

Pricing
free tier, Mid-Size Firms under $500M ACV
Alternatives
Clearstory, Archdesk, HoloBuilder
Who it's for
Construction, Project Management
$14M Series A equity (Nov 2024, led by NFX) plus a $250M credit facility (Wafra & Crestline Investors) announced in the same round (~$264M combined); earlier rounds include a $7.5M SAFE (2023, led by Motive Partners, with Fifth Wall) and $6.3M seed equity + $100M credit facility (2022, equity led by FinTech Collective, credit led by CoVenture) — lifetime equity raised is roughly $27.8M+ with $350M+ in credit facilities used to fund invoice financing raisedEstablished
Founded 2019 · Vendor cites a 40,000+ contractor network and $10B+ in COIs managed (homepage, 2026); a separate company-page figure cites 15,000+ subcontractors served and $2B+ in invoices funded, while the homepage separately cites $125M+ invoices financed and $500M+ invoices managed — these appear to be different metrics/time snapshots rather than contradictions, but exact current totals are not reconcilable from public pages. TechCrunch reported growth from 15,000 to 23,000 network companies between 2022 and early 2023. Named enterprise GC customers include Balfour Beatty, Skanska, Allan Myers, Ames Construction, McHugh Construction, Danella, and Gramercy Group. Recognized in 2024 Top 50 FinTech Innovator (GGV Capital) and reported as a Top 50 ConTech Startup.
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WHY IT EXISTS

Why This Tool Exists

The Problem

General contractors manage subcontractor prequalification, contracts, certificates of insurance, and invoices across spreadsheets, email, and paper, which is slow and creates compliance risk (expired coverage, missing endorsements). Subcontractors, meanwhile, typically wait 45-80 days to get paid, straining their cash flow and limiting their ability to take on new work.

The Solution

Constrafor centralizes subcontractor prequalification, contract administration, COI/insurance tracking, invoicing, payments, and diversity-procurement reporting in one platform, with an AI tool (Insurance CoPilot) that parses ACORD forms, policies, and endorsements to flag compliance gaps automatically. Its Early Pay program factors subcontractor invoices so subs receive funds in about 48 hours, with the GC reimbursing Constrafor on the original invoice terms.

USAGE

How You Use It

Delivery Method
SaaS
Integrations
ProcoreAutodesk Construction CloudViewpoint VistaSage 300CMiC
Disciplines
Construction
Workflows
Coordination & Delivery
Project Phases
Bidding/Procurement, Construction Administration
Project Types
Commercial, Industrial, Infrastructure
TRANSPARENCY

Data Transparency

Exactly what this tool uses and how

Input
What it needs
Required:Subcontractor company/prequalification data, Certificates of insurance (COI), ACORD forms, endorsements, Contracts, Invoices
Optional:Project schedule/budget data (via Procore/CMiC/Vista/Sage/Autodesk sync), Diversity/MBE-WBE certification documents
Formats:PDF (COIs, ACORD forms, contracts, invoices), CSV/spreadsheet imports
Output
What you get
Format:Compliance dashboards, insurance-review reports, payment/invoice records
Fields:COI/endorsement compliance status and gap flags, Contract and prequalification status per subcontractor, Invoice and payment status, including Early Pay funding timelines, Diversity procurement spend reporting, Renewal/expiration alerts
Algorithm
How it works
Model:Insurance CoPilot — proprietary AI/OCR document-processing pipeline for insurance documents; underlying foundation model not publicly disclosed
Accuracy:Vendor claims "error-free outcomes," "exceptional accuracy," and an 80% reduction in insurance review time (60-80% reduction in admin time cited elsewhere); no independent benchmark, audit, or methodology is published — treat as unverified marketing claims
Privacy
How your data is protected
Retention:Privacy policy states data is retained "as long as it is needed" to fulfill the service and comply with applicable law, without a specific retention period; for Gmail-integrated data specifically, active data is deleted promptly with backup copies purged within 25 days (up to 180 days per Google's own retention practice)
Training:Not publicly specified — the privacy policy does not address whether customer data is used to train AI/ML models
Compliance:No SOC 2, ISO 27001, or GDPR certification publicly confirmed, Privacy policy references the U.S. Fair Credit Reporting Act (FCRA) for consumer-reporting functions and California "Shine the Light" disclosure requirements
API
Integration
Endpoint:Contact vendor for API access — no public REST API documentation found; connectivity is delivered via named partner integrations (Procore, Autodesk Construction Cloud, Vista, Sage 300, CMiC)
Method:Not publicly documented
USE CASES

Use Cases

  • ·Prequalifying and onboarding subcontractors with centralized contract, COI, and compliance document collection
  • ·AI-assisted insurance document review to flag missing endorsements, non-compliant limits, or expired coverage before subcontractor mobilization
  • ·Accelerating subcontractor cash flow via the Early Pay program, funding invoices in about 48 hours instead of 45-80 days
  • ·Syncing subcontractor, contract, and compliance data with Procore, CMiC, Sage 300, Vista, or Autodesk Construction Cloud to avoid double data entry
  • ·Tracking and reporting diversity (MBE/WBE) subcontractor procurement spend for compliance reporting
PRICING

Pricing

Free
No self-serve free tier found for general contractors; on the subcontractor side, the Early Pay "Blue" plan is $0/month with per-invoice financing fees (from 0.5%/week) rather than a subscription charge
Pro
GC platform pricing is tiered by Annual Construction Value (ACV): Mid-Size Firms (under $500M ACV) $13,500/year; Large-Size Firms ($500M-$1B ACV) $25,000/year; Major Firms ($1B-$3B ACV) $40,000/year — each tier includes unlimited platform users/subcontractor invites and full onboarding support. Subcontractor Early Pay also offers Gold ($1,750/month) and Platinum ($3,500/month) tiers, plus per-invoice financing fees
Enterprise
Industry Leaders tier (over $3B ACV): custom pricing, contact vendor
Sources & Research NotesResearch date: 2026-07-17
Data Sources (14)
Fields Checked (22)
name, website, domain, problem, solution, deliveryMethod, integrations-procore-autodesk-vista-sage-cmic, disciplines, projectPhases, projectTypes, year-founded-2019, hq-new-york-city, series-a-14m-nov-2024-nfx, credit-facility-250m-wafra-crestline, seed-6.3m-2022-fintech-collective, credit-facility-100m-2022-coventure, safe-7.5m-2023-motive-partners-fifth-wall, gc-pricing-tiers-13500-25000-40000, subcontractor-early-pay-tiers, customer-names-balfour-beatty-skanska-allan-myers-ames-mchugh-danella-gramercy, ai-insurance-copilot-feature-description, useCases
Not Found (8)
algorithm-foundation-model-details, ai-accuracy-independent-benchmark, soc-2-or-iso-27001-certification, ai-training-data-use-policy, public-api-documentation, exact-current-customer-count, manual-ai-override-mechanics, total-employee-count
About this research: This record summarizes the cited sources and fields checked. A research date does not establish hands-on testing. Consult the original sources for current details and limitations.
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