CostCertified

CostCertified - developer cloudy software for creating construction estimates. The solution allows users to manage repairs in real time, in particular to modify or add materials used by contractors, to consider and agree on recommendations from them, to track repair stages or. constructions

The software also allows you to manage payments, which, according to CostCertified, automates the workflow and ultimately reduces costs and risks for everyone involved in such projects - from general contractors to subcontractors and consumers.

History

2021: Raising $8.45 million

In early October 2021, the developer of the platform for creating interactive construction estimates CostCertified raised $8.45 million as part of the initial round of financing. The round was headed by the FUSE fund, Y Combinator and Soma Capital, the Russian fund of Ilya Golubovich (son of the former financial director), Yukos Alexei Golubovich I2BF Global Ventures as well as the CEO and co-founder of the EquipmentShare Willie Schlax, co-founder of the PlanGrid Ryan Sutton-G, co-founder and CEO of the SquareFoot Jonathan Wasserstrum, also invested in the company.

The Russians invested in the Canadian service to create interactive construction estimates CostCertified

By October 2021, a team of 25 people is working in CostCertified, the company plans to partially use the funds raised to increase the number of employees by more than 100 people during 2022, and the funds will be used to develop products, increase sales and develop business.

We used our opportunities and attracted retailers, people who sell things like countertops and plumbing to collaborate, "said CostCertified CEO Mike Bignold. - Being able to evaluate all available options, customers know exactly what they will receive in the end and how much it will cost. The contractor can also make more money for modernization and justify the costs.[1]

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