
Cofactr is a supply chain execution platform designed for agile hardware teams. It offers a source-to-pay and 3PL solution to streamline procurement, logistics, and warehousing. The platform integrates engineering, procurement, and logistics teams, providing real-time data intelligence, automated procurement with AI assistance, and efficient kitting and shipping services. Cofactr aims to reduce procurement costs, eliminate manual work, and accelerate time-to-market for hardware manufacturers, enabling them to build more resilient supply chains. Key features include parts data intelligence with compliance and supply forecasts, AI-assisted PO management, and aerospace-grade traceability for logistics.

Cofactr is a supply chain execution platform designed for agile hardware teams. It offers a source-to-pay and 3PL solution to streamline procurement, logistics, and warehousing. The platform integrates engineering, procurement, and logistics teams, providing real-time data intelligence, automated procurement with AI assistance, and efficient kitting and shipping services. Cofactr aims to reduce procurement costs, eliminate manual work, and accelerate time-to-market for hardware manufacturers, enabling them to build more resilient supply chains. Key features include parts data intelligence with compliance and supply forecasts, AI-assisted PO management, and aerospace-grade traceability for logistics.
Product: AI-enabled order, supplier and payments management for the supply-chain "first mile"
Founders: Doug Shultz and Michael Szewczyk
Seed funding: $6M led by Gradient Ventures
Exit / Acquisition: Acquired by Cofactr (acquisition announced Feb 2025)
Supply-chain first-mile inefficiencies for manufacturers (order management, supplier payments, and supplier coordination).
Supply-chain software / Supply-chain infrastructure
Pre-seed round recorded June 2019
6000000.00
Seed round led by Gradient Ventures with participation from Xfund, Afore, and South Park Commons
“Led by Gradient Ventures (Google's AI fund); participation from Xfund, Afore, and South Park Commons”