Kojo, a construction technology startup that digitizes the materials procurement process for contractors, has raised $10 million from Wesco, the largest electrical distributor in the United States. The investment is part of Kojo’s Series C extension round, which is led by Battery Ventures and now totals $49 million. The new funding brings Kojo’s total venture capital raised to $94 million.
Founded in 2018, Kojo provides software that helps commercial contractors and trade partners streamline how they source, and purchase, and track building materials. Its platform centralizes purchasing workflows, connects field teams to procurement staff, and integrates with suppliers to improve accuracy and reduce waste. The company says its technology can help contractors cut costs and avoid delays on large-scale projects, where mismanaged materials are a major cause of schedule overruns and budget creep.
Under the new partnership, Wesco and Kojo will collaborate on developing products that blend Kojo’s software with Wesco’s national supply chain and distribution network. Their first joint release, an artificial intelligence-powered tool called Project POs, is designed to simplify complex and long lead-time purchase orders, particularly for data center construction, where supply chain coordination is critical.
“Our teams have been hard at work building new products that allow contractors to achieve unprecedented efficiency and accuracy on project delivery,” said Maria Davidson, Kojo’s founder and chief executive officer. “Project POs tackles some of the most complex and time-consuming orders our customers face, and this is just the beginning of what we’re building together.”
Davidson said the funding also represents a milestone for women in an industry long dominated by men. “I learned that this is the most venture funding raised by a female founder in construction tech history,” she said. “That’s both humbling and motivating—especially since when we started, people told me that being a 25-year-old female CEO in construction tech wouldn’t get me far.”
Wesco’s investment signals growing interest among major distributors in partnering with digital platforms that can modernize how contractors plan and execute projects. Davidson said Kojo plans to continue expanding its platform and integrating more supplier networks to further streamline materials procurement.
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