# Cofactr **Source:** https://geo.sig.ai/brands/cofactr **Vertical:** Logistics & Supply Chain **Subcategory:** General **Tier:** Emerging **Website:** cofactr.com **Last Updated:** 2026-04-14 ## Summary Supply chain platform for aerospace, defense, and medical electronics with compliance traceability and multi-vendor procurement; $28.8M raised including Bain Capital Ventures Series A serving 50+ regulated manufacturers. ## Company Overview Cofactr is a New York-based cloud supply chain platform that automates parts sourcing, procurement, payments, and logistics for hardware manufacturers in high-compliance sectors — providing aerospace, defense, robotics, and medical technology manufacturers with unified procurement infrastructure that manages multi-vendor sourcing across component distributors (Digi-Key, Mouser, Arrow), tracks part traceability requirements for government contracts, and handles the compliance documentation that regulated industries require for every component in a product. Backed by Bain Capital Ventures and Y Combinator with $28.8 million raised including a $17.2 million Series A in December 2024, Cofactr serves 50+ companies. Cofactr's platform addresses the procurement complexity that distinguishes regulated hardware manufacturing from commercial product development: aerospace and defense programs require full component traceability (documentation of every part's origin, lot number, and certification history), counterfeit part detection, export control compliance (ITAR, EAR), and integration with government contracting reporting systems. Managing this manually across dozens of component suppliers creates significant administrative burden and supply chain risk for small-to-mid-size manufacturers without large procurement organizations. In 2025, Cofactr competes in the electronics component procurement and supply chain management market with Arena Solutions (PTC-owned product lifecycle management for electronics), Sourcengine, and enterprise MRP/ERP systems (SAP, Oracle) for electronics manufacturing supply chain automation. The defense and aerospace electronics market has grown significantly — DoD's investments in autonomous systems, space technology, and electronic warfare have created demand from mid-size defense contractors who need professional supply chain infrastructure but can't afford enterprise ERP implementation costs. Bain Capital Ventures' Series A lead provides both capital and strategic access to portfolio companies in industrial technology. The 2025 strategy focuses on growing the defense electronics manufacturing segment, deepening the ITAR/EAR compliance automation, and building the traceability documentation that CMMC (Cybersecurity Maturity Model Certification) requires for defense contractors. ## Frequently Asked Questions ### What is Cofactr? Cofactr is a cloud-based supply chain and logistics management platform founded in 2021 that eliminates compliance and operational roadblocks for critical hardware manufacturers. The platform provides unified automation for parts sourcing, supplier procurement, payments, shipping, cross-vendor logistics, stock availability, and government regulations for electronics manufacturing. ### What products and services does Cofactr offer? Cofactr offers a supply chain automation platform that provides full-service procurement automation for electronics manufacturing. The platform handles parts sourcing, supplier procurement, payments, shipping, cross-vendor logistics, stock availability tracking, and government compliance management. ### Who is Cofactr designed for? Cofactr serves hardware manufacturers in high-compliance sectors including aerospace, defense, robotics, medical technology, autonomous vehicles, and wearables. The company currently serves 50+ companies across these industries. ### When was Cofactr founded? Cofactr was founded in 2021 and participated in Y Combinator's Winter 2022 (W22) batch. ### Where is Cofactr located? Cofactr is based in the United States. ### How much funding has Cofactr raised? Cofactr has raised $28.8M in total funding, consisting of a $17.2M Series A round in December 2024 led by Bain Capital Ventures and a $6M seed round in 2022 on a SAFE note with a $25M cap. Investors include Y Combinator, Floating Point Ventures, Broom, and DNX. ### What are Cofactr's key achievements? Cofactr serves 50+ companies across critical hardware manufacturing sectors and has raised $28.8M in total funding. The company has demonstrated significant growth in the hardware supply chain space with a focus on high-compliance sectors. ### What is Cofactr's technology approach? Cofactr uses a cloud-based platform approach to provide unified automation across the entire supply chain process. The technology focuses on eliminating compliance and operational roadblocks through automated cross-vendor logistics, stock availability tracking, and government regulations management. ### How does Cofactr help with compliance? Cofactr's platform is specifically designed to eliminate compliance and operational roadblocks for hardware manufacturers in high-compliance sectors. The platform automates government regulations management as part of its unified supply chain solution. ### What is Cofactr's most recent news? In December 2024, Cofactr raised a $17.2M Series A funding round led by Bain Capital Ventures, with participation from Y Combinator, Floating Point Ventures, Broom, and DNX. This brings the company's total funding to $28.8M. ## Tags b2b, saas, supply-chain, transportation --- *Data from geo.sig.ai Brand Intelligence Database. Updated 2026-04-14.*