StructShare Raises $8M in Funding
Summary
StructShare, an Austin, TX-based provider of a construction procurement and inventory platform for specialty contractors, raised $8M in funding. Launched in 2021 by Arik David, and Or Lakritz, StructShare has developed a software solution that enables trade contractors to take control of the entire procurement cycle. By automating all procurement processes in the field, office and warehouse, the company reduces costs and material waste, prevents purchasing mistakes, and enables full control over spend and inventory. To date, it has raised a total of $10 million in pre-seed and seed funding and has grown its customer base by 300% year-on-year across 20 states and 15 different trades. Today, StructShare employs 23 team members across its headquarters in Austin, Texas, and its R&D center in Tel Aviv, Israel.
Funding
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