Raise closed, search for fresh raises on Seedstage
New York, NY
Digitizing cost tracking and approvals to streamline project financials and reduce risks for contractors.
- AI-driven innovation: TracFlo’s Voice-to-Invoice™ technology automates financial management for contractors, improving efficiency.
- Real-time insights: The platform provides contractors with up-to-date cost tracking and automated approvals, reducing delays and cost overruns.
- Industry traction: Backed by investors like MetaProp and Serena Ventures, and already securing enterprise clients.
- Subscription-based model: TracFlo’s recurring revenue model ensures scalability and long-term growth potential.
- Large market opportunity: The global construction market was valued at $14.4 trillion in 2022, with significant room for digital solutions.
TracFlo is a construction fintech platform designed to streamline project cost management for contractors, with a focus on real-time financial tracking and AI-powered automation. The construction industry faces significant challenges with inefficient cost tracking, outdated processes, and poor documentation, often leading to cost overruns and delays. TracFlo aims to modernize these financial systems by providing a digital-first solution that helps contractors reduce risks, improve cash flow, and enhance profitability.
Since its inception, TracFlo has gained strong industry traction, raising $2.1M from investors like MetaProp and Serena Ventures and securing enterprise clients. The platform’s AI-driven Voice-to-Invoice™ technology has already launched with Google for Startups in 2024, further solidifying its position in the market. TracFlo’s subscription-based model provides scalability and recurring revenue, while its focus on automating approvals and improving cost tracking for non-English-speaking workforces makes it accessible to a broader range of contractors. With significant backing and a growing client base, TracFlo is poised to capitalize on the expanding construction market and drive innovation in construction financials.
Company Info
TracFlo provides real-time cost tracking and AI-powered financial management tools to help contractors improve cash flow and reduce inefficiencies.
TracFlo is a financial technology platform designed to streamline cost management for contractors in the construction industry. By replacing outdated paper-based processes with digital solutions, TracFlo provides real-time financial tracking, automated approvals, and AI-powered tools to improve cash flow management and reduce cost overruns. The platform is built to address inefficiencies in construction finance, helping contractors track, manage, and approve costs more effectively while reducing delays and lost revenue. With its subscription-based model, TracFlo offers a scalable solution that enhances financial transparency and operational efficiency.
Since its launch, TracFlo has processed a significant volume of invoices and has secured $2.1 million in funding from investors like MetaProp and Serena Ventures. The company’s AI-powered Voice-to-Invoice™ technology, launched with Google for Startups in 2024, expands accessibility for contractors, including non-English-speaking workforces. Operating in a construction market valued at approximately $14.4 trillion, TracFlo is positioned to modernize financial management in an industry where inefficient payment processes cost U.S. contractors an estimated $280 billion annually. By leveraging automation and data-driven insights, TracFlo is working to transform construction finance into a more streamlined and efficient process.





