Kraaft Secures €3.2M in Funding for Contractor Communication App

Kraaft, a Paris-based tech startup specializing in contractor communication solutions, is celebrating a significant milestone as it announces a successful funding round, raising an impressive €3.2 million. The fundraising initiative was well-received by a consortium of backers, including Chalfen Ventures, Stride VC, OSS Ventures, and several business angels who share the company’s vision.

Founded in 2020 by the dynamic trio of Marc Nègre, Cédric Boidin, and Thomas Reygagne, Kraaft offers a state-of-the-art messaging app tailored to meet the specific needs of contractors in the construction industry. The platform has rapidly gained traction and trust within the sector, with over 120,000 active construction sites currently benefiting from its services.

Kraaft’s innovative messaging app equips construction teams with a suite of powerful tools to enhance their efficiency. Team members can easily share photos, vocal notes, and documents on dedicated news feeds, making communication on the job site more streamlined and productive. Additionally, the platform allows users to geographically place photos, forms (such as claims), and tasks on the map of their job site, providing a real-time overview of project progress. Automation is a key feature, with the ability to generate reports in various formats, including Word, Excel, Zip, and customized workflows.

With a growing customer base that includes more than 300 construction companies, Kraaft is on the path to revolutionize the way contractors collaborate and communicate. The €3.2 million raised in funding will be pivotal in advancing the company’s development efforts and expanding its business reach in France.

Kraaft’s success story exemplifies the potential for innovation and technology to transform even traditional industries like construction, and it seems the company is set to play a significant role in shaping the future of contractor communication and collaboration.