Cosuno

Platform for procurement and subcontractor management.

About

Founded

2018

Headquarters

Berlin, Germany

Industry

Construction

Company Description

Cosuno ensures efficient and transparent collaboration between all parties involved in the construction industry from planning to payment. Customers benefit from involving subcontractors in planning at an early stage, finding the right prices on a data-driven basis, and being able to pay more quickly via the software.

Quick Links

WebsiteJobs

Funding

Total Raised

$45.2 million

Valuation

Undisclosed

Significant Investors

Avenir Growth, Spark Capital, Cherry Ventures

Company Traction

  • As of July 2023, Cosuno reported 180,000+ qualified subcontractors on the platform, a 60% time savings through the automation of manual processes, 50% higher response rates through easy bidding, and a 25% increase in contract award profit due to more bids.
  • As of February 2022, Cosuno reported that the platform had processed $4 billion in construction volume.
  • As of February 2022, Cosuno claims construction companies can increase profit margins by 18% on average.

Leadership Team

  • Christoph Berner: Co-Founder & MD of Cosuno. Former Global Head of Operations at Move24 Group GmbH.
  • Fritz Cramer: Co-Founder & MD of Cosuno. Former Global Head of Operations at Move24 Group GmbH.
  • Maximilian Seifert: Co-Founder & CTO of Cosuno. Former Head of Engineering at IONIQ Group.
  • Emil Eypeltauer: Head of Business Development at Cosuno. Former Associate at Boston Consulting Group.