Kojo

Kojo is a construction industry materials and inventory management platform that streamlines the procurement process for trade and self-perform contractors. Founded in 2018, the company offers an all-inclusive digital platform that connects office teams, field crews, warehouses, accounting teams, and vendors to provide real-time visibility into materials spending and usage. Kojo's system automates manual data entry, shortens purchase order processing time, and helps contractors source better prices across vendors.

The platform includes features such as automated invoice matching, warehouse inventory management, and a Request for Quote (RFQ) tool. Using Kojo's RFQ feature, contractors can quickly compare material prices and availability across thousands of vendors, potentially saving 3-5% per order. In the field, Kojo reduces the time supervisors spend managing materials by up to 38%, while for office teams, it can shorten purchase order processing time by up to 75%.

As of March 2023, Kojo had processed USD 2.8 million in invoices through its Automated Invoice Matching feature, catching mistakes on 27% of invoices processed. The company has expanded its services to cover all major construction trades, including mechanical, concrete, drywall, roofing, and flooring. In June 2023, Kojo launched its offering for mechanical contractors, processing over 17,000 purchase orders worth USD 50 million during its beta phase.