Fundraising Fox

Cosuno

2 known investors

Cosuno operates an online platform that connects construction clients (Auftraggeber) with contractors (Auftragnehmer), helping companies find and award building projects. It serves the construction industry, with a focus on the German market.

Also known as Cosuno Ventures GmbH

Founders & leadership

MSMaximilian Seifert
Maximilian SeifertinFounder

Investors · 2

Also in the syndicate · 1

Avenir Growthlead

Valuation · disclosed

Disclosed events
$150Mvaluation at Series BFeb 2022
filing ↗

Source: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.

Company profile

researched Aug 2026

Cosuno operates a cloud-based software-as-a-service platform for tendering and awarding construction services (Ausschreibung und Vergabe). It targets the phases of construction procurement in which general contractors, project developers, property developers and architects solicit, compare and award bids from subcontractors. The platform lets users create a tender, upload bills of quantities (Leistungsverzeichnis), plans and documents, assemble a bidder list and dispatch the request centrally instead of sending large numbers of individual emails; incoming bids are tracked automatically and compared in a price-comparison view (Preisspiegel). The company describes its positioning as making "200 emails into 3 clicks" [2][4][5].

The product suite spans tender creation and award (AI-supported creation and analysis of specifications, central bid dispatch, digital bid submission, automatic price comparison, digital award and rejection), documents and contracts (cloud document storage, digital evidence management, contract conclusion, change-order management), project control and communication (collaboration, task management, dashboards, bidder communication), master data, ratings and qualification of partners, and costing/controlling (quantity determination, cost calculation, a historical price database, AI market prices and award success analysis). A marketplace component allows buyers to publish bid packages publicly so that contractors searching for work can find and respond to them, and a subcontractor directory lists specialist firms by trade, region and company size [0][1][2].

Alongside its own network, Cosuno positions itself as compatible with common AVA tools, supporting GAEB file import and export by drag and drop, and offers integrations with SAP, RIB iTWO, Nevaris Build and BRZ. The company states its software is certified [2][4][5].

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Average bidder response rateJan 202514%
Construction volume processed since market launchFeb 2022$4B
Cumulative offer volume on platformJan 2025over EUR 100 billion
EmployeesFeb 2022140 people
Employees (company-stated)Jan 2025100+
Increase in contract award profit from more bidsJan 20255.7%
Investment raised (company-stated)Jan 2025$45M
Qualified subcontractors in networkJan 2025250,000 companies
Time savings from automation of manual processesJan 202550%
Total funding raisedJan 2024$45.2M

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 2

launches, deals, and filings
Feb 2022
Cosuno raises $30M Series B led by Avenir Growth at a $150M valuation

Berlin-based Cosuno raised $30 million in a Series B round led by Avenir Growth, with participation from Spark Capital and Cherry Ventures, reaching a valuation of $150 million. Proceeds were earmarked for expansion into new European markets and product development. Spark Capital and Cherry Ventures had led the company's Series A round roughly six months earlier.

$30M source ↗

Feb 2022
Planned expansion into additional European markets

Cosuno stated it would use its Series B proceeds to expand into new European markets and advance product development.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Cosuno do?
Berlin-based SaaS platform that digitises tendering, bidding and subcontractor procurement for construction companies.
Who founded Cosuno?
Cosuno was founded by Fritz Cramer, Maximilian Seifert.
Who are Cosuno's investors?
Cosuno's investors include Cherry Ventures.