Comstruct, a Munich-based startup, is revolutionizing the construction industry by introducing a digital procurement platform for materials. The company recently secured $12.5 million in Series A funding led by GV and 20VC. Currently, the procurement process remains archaic, requiring contractors to manually handle orders and invoices, often leading to inefficiencies. Comstruct's solution offers a cohesive platform that simplifies interactions between contractors and a diverse range of suppliers, aiming to streamline operations and improve data management in construction projects.
"Today, the procurement process of materials in construction is very analog. You could place a phone call to order 10 cubic meters next Thursday."
"Each materials supplier could build its own app to process orders. But the problem is that contractors don't want to deal with 100 different apps to interact with them."
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