Cosential, an Austin, TX-based provider of CRM and proposal automation solutions for architecture, engineering and construction firms, secured $34 million in funding.
The investor was JMI Equity. In conjunction with the funding, Bob Nye, a general partner at JMI, will join Cosential’s board of directors.
The funding will be used to accelerate market development, expand corporate infrastructure and continue accelerating product innovation.
Founded in 1999 by Dan Cornish, CEO,
Cosential is the market leader in CRM and proposal automation software for Architecture, Engineering and Construction (AEC) firms.
Its cloud-based software platform creates a single system of record, purpose-built for the unique project-based needs of AEC marketing and business development teams.
The company’s customers include half of the Top 100 AEC firms in the US.