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German Constructiontech Startup Cosuno Raises $30M Series B By Avenir Growth

PRIVATEFeb 09, 2022•over 4 years ago

Amount Raised

$30 Million

Round Type

series b

Description

Germany-based construction tech startup Cosuno has raised a $30 million Series B led by U.S. growth equity firm Avenir Growth. Spark Capital and Cherry Ventures, which led the Series A six months ago, also participated. Cosuno now says its valuation is put at $150 million.

Company Information

Company

Cosuno

About

The startup claims planning stages can be reduced by up to 60% and profit margins can be 18% higher on average. Cosuno now says its valuation is put at $150 million. Cosuno says it creates collaboration between all parties involved in the construction process, mapping the processes from planning to payment.

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