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aVenture is in Alpha: aVenture recently launched early public access to our research product. It's intended to illustrate capabilities and gather feedback from users. While in Alpha, you should expect the research data to be limited and may not yet meet our exacting standards. We've made the decision to temporarily present this information to showcase the product's potential, but you should not yet rely upon it for your investment decisions.
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Founded with a mission to streamline financial operations in the commercial construction industry, Struxtion is a fintech startup that offers working capital solutions to subcontractors. The company’s vision is to empower subcontractors by providing them with a secure and scalable source of capital through its proprietary online financing platform. Struxtion advances cash based on revenue, enabling subcontractors to take on more projects without financial strain. The platform is designed to be user-friendly, allowing easy sign-up, borrowing, account management, and additional funding requests.
Struxtion has attracted notable venture capital backing, highlighting investor confidence in its innovative approach to construction finance. The company has made significant strides in addressing the $860 billion commercial construction market, offering industry-specific workflows that include multiple payment options, electronic lien waivers, and digital joint checks. By simplifying access to capital and improving financial transparency, Struxtion has had a substantial impact on the operational efficiency and growth potential of subcontractors in the construction sector.
Operating Status
Active
Ownership Type(s)
Venture Capital
Main Product(s)
Working Capital
Technology
FinTech
Tags
SaaS
Model Types
Financial, Platform
Revenue Type(s)
Recurring
Customer Type(s)
Small Business
Geographic Exposure
United States
When was Struxtion founded?
Struxtion was founded in 2019.
Where is Struxtion’s headquarters located?
Struxtion’s headquarters is located in Cincinnati, OH, US.
When was Struxtion’s last funding round?
Struxtion’s most recent funding round was for $5.5M (USD) in November 2021.
How many employees does Struxtion have?
Struxtion has 6 employees as of Feb 4, 2024.
How much has Struxtion raised to-date?
As of July 05, 2023, Struxtion has raised a total of $5.5M (USD) since Nov 1, 2021.
Add Comparison
Total Raised to Date
$5.5M
USD
Last Update Nov 1, 2021
Last Deal Details
$5.5M
USD
Nov 1, 2021
Seed
Total Employees Over Time
6
As of Feb 2024
Struxtion Address
212 East 3rd Street
Suite 300
Cincinnati,
Ohio
45202
United States
Source(s): This page includes data and analysis provided by the company, OpenAI, and our research analysts