Handle.com, a San Francisco, CA-based software platform for construction payment compliance, closed a $10M Series A funding.
The round was led by Energize Ventures and Ironspring Ventures.
The company intends to use the funds to expand its support, engineering, and sales teams across the country.
Co-founded by Patrick Hogan, Blake Robertson, Chris Woodard and Lucas Azevedo, Handle provides a construction software platform purpose built for material suppliers and contractors to manage the entire process of payment compliance for protecting payment rights. The software automation tools help with manual and repetitive tasks associated with late payments within construction such as lien management, owner verification, deadline tracking, RFI, enhanced waiver processes, and more. .
Backed by Y Combinator, Handle already has some of the largest names in construction as customers, including publicly traded and Fortune 500 companies such as CRH/Oldcastle, U.S. Concrete, and many more.
FinSMEs
23/03/2022