Fundraising Fox

CoFi

Holliston, US · Founded 2019 · Delaware corporation · 4 known investors

cofisoftware.com ↗

CoFi provides construction financing and loan servicing software for home builders and contractors, offering loan programs for new construction, tract developments, and fix-and-flip projects. Its platform handles digital draw processing, loan monitoring, and contractor payments to keep projects on budget and on schedule.

Construction TechFintechPropTech

Founders & leadership

TR
Tal RavivNamed on SEC filing
SH
Sean HanlonNamed on SEC filing

Investors · 4

Blackhorn VenturesDenver · $500K
Newfund CapitalSilicon Valley · $250K – $2M
Westerly WindsLondon
Las Olas Venture CapitalreportedFort Lauderdale · $1.5M – $3M

Reported raises · per SEC filings

Form D private placements

$6.3M disclosed across 4 rounds · 2019–2023

▶$3.5MraisedMay 2023 · 12 investors · Other Banking and Financial Services
Rule 506(b)
Officers, directors & promoters on the filing
  • Tal RavivExecutive Officer, Director
  • Sean HanlonExecutive Officer, Director
Offering amount
$3.5M
Amount sold
$3.5M
First sale
Apr 2023
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$2MraisedSep 2021 · 10 investors · Other Banking and Financial Services
Rule 506(b)
Officers, directors & promoters on the filing
  • Tal RavivExecutive Officer, Director
  • Sean HanlonExecutive Officer, Director
Offering amount
$2M
Amount sold
$2M
First sale
Sep 2021
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$200KraisedOct 2020 · 6 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Sean HanlonExecutive Officer, Director
  • Tal RavivExecutive Officer, Director
Offering amount
$200K
Amount sold
$200K
First sale
Dec 2019
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$575KraisedOct 2020 · 5 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Tal RavivExecutive Officer, Director
  • Sean HanlonExecutive Officer, Director
Offering amount
$575K
Amount sold
$575K
First sale
Oct 2020
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

In the news

Fund My Project (Email Internal) - Construction Finance Corporation (CoFi)*cofilending.com · Oct 2024Loan Programs - Construction Finance Corporation (CoFi)*cofilending.com · Aug 2024Loans for Builders - Construction Finance Corporation (CoFi)*cofilending.com · Aug 2024CoFi raises $3.5 million for multi-party payment platform expansion for elective surgeriesglance.eyesoneyecare.com · Jun 2023Construction focused US fintechs CoFi and Handle raise fundingfintechfutures.com · Mar 2022CoFi Raises $7M in Seed Funding - FinSMEsfinsmes.com · Mar 2022

Frequently asked questions

What does CoFi do?
CoFi provides construction financing and loan servicing software for home builders and contractors, offering loan programs for new construction, tract developments, and fix-and-flip projects. Its platform handles digital draw processing, loan monitoring, and contractor payments to keep projects on budget and on schedule.
Who are CoFi's investors?
CoFi's investors include Blackhorn Ventures, Newfund Capital, Westerly Winds, Las Olas Venture Capital.
How much funding has CoFi raised?
CoFi has disclosed $6.3M raised across 4 rounds.
Where is CoFi headquartered?
CoFi is headquartered in Holliston, US.