Cofactr

Cofactr provides supply chain and logistics infrastructure for electronics hardware manufacturers, spanning the workflow from bill of materials (BOM) to shipped kits. The platform is organized around three solution areas: Procurement as a Service (a single cart and purchase order across component suppliers, with built-in approvals, quote/invoice/receipt capture, and price and lead-time comparison across more than 1,000 suppliers); Compliance and Traceability (supplier vetting, certificate tracking, automatic tracking of country of origin, HTS and ECCN export-compliance data, supplier reliability scoring, and full audit trails); and Storage and Kitting (ESD-safe, climate-controlled warehousing, professional receiving with moisture-sensitivity-level management and anti-counterfeit inspection, one-click BOM-to-kit conversion, live inventory dashboards, chain of custody, and one-day kitting from bi-coastal warehouse locations).

Users upload a BOM or connect an eCAD/PLM system; Cofactr states its AI matches items across a catalog of more than 100 million parts and that AI agents manage quotes, execute procurement and track supplier communication and shipping. The platform integrates with ECAD and PLM tools (Altium 365, Arena, Duro), ERP and finance systems (SAP, NetSuite, Oracle Fusion Cloud, QuickBooks Online, Coupa), productivity suites (Google Workspace, Microsoft), AWS S3, data warehouses, the Violet Labs iPaaS, and CalcuQuote's EMS quoting software. Cofactr states it is ITAR-registered and SOC 2 compliant and runs on AWS GovCloud to meet the requirements of high-compliance industries.

The company describes its customer base as organizations building rocket ships, satellites, drones, robotics, autonomous vehicles and wearables, and publishes case studies with Stoke Space, Neros Technologies and Salient Motion.

Founding story

Founded in 2021 and part of Y Combinator's Winter 2022 batch. Co-founders Matthew Haber (CEO) and Phillip Gulley (Chief Revenue Officer) previously co-founded BeSide, an R&D, product design and experiential technology company that exited through a private-equity-backed strategic acquisition. Haber's background is in engineering, technology leadership and design; Gulley holds an MFA from Brooklyn College in Performance and Interactive Media Arts and a BA from the University of South Florida in Theater.

Business model

B2B software and services: Cofactr sells a platform plus operational services (procurement execution, warehousing, kitting and fulfillment) to hardware manufacturers, offering a "Start Free" entry point alongside demo-led engagement. Sources do not disclose pricing or contract structure.

Not specified in the sources beyond the company's Y Combinator profile stating it has growing revenue; the offering combines a software platform with procurement-as-a-service and physical storage/kitting operations.

Traction

Y Combinator lists Cofactr as active with a team size of 15 and states it has growing revenue and significant venture backing. Published case studies claim Neros Technologies scaled hardware operations 10x and Salient Motion reduced production cycles to three weeks. Company-stated aggregate results include more than 40% time savings on procurement tasks, 80% faster BOM procurement and an 85% reduction in production delays; these are vendor claims.

Latest developments

Current site materials describe an AI-centered platform in which AI agents handle quoting, procurement execution and supplier communication, alongside DocAI document processing and a broad set of ERP, PLM, ECAD and finance integrations. Recently published resources include material updated in 2026 on semiconductor tariffs and ITAR compliance for software, and case studies with Stoke Space, Neros Technologies and Salient Motion.