CoCrafter - Building Trust, One Subcontractor at a Time

Company & Team Introduction

CoCrafter is a Munich-based startup founded in 2023 that is revolutionizing subcontracting in the construction industry. With a lean yet highly skilled team of approximately 10 employees, the company is dedicated to solving inefficiencies in subcontractor management. The founding team brings a wealth of experience from venture capital, construction, and product development:

• Johannes Lutz (CEO) – A seasoned entrepreneur with a background in technology management from CDTM. He has extensive experience in venture capital, having worked with Innovis VC and 10x Founders, and has been recognized for his academic excellence with scholarships from Stiftung der Deutschen Wirtschaft and the Munich Honors Program of Economics.

• Philipp Rollwage (CPO) – A construction industry expert with a Bachelor's degree in Industrial Engineering from the University of Augsburg. Prior to CoCrafter, he gained valuable experience in venture capital at 10x Founders and Innovis VC.

• Annabell V. (CTO) – A product specialist with a Bachelor's degree in Informatics from the Technical University of Munich (2018-2022). Her diverse professional background includes internships at Amazon and Avelios Medical.

Their combined technological expertise and networks uniquely position CoCrafter to address the pressing challenges of subcontractor management, bringing trust, efficiency, and transparency to the construction industry with an easy-to-use digital-first solution.

Product Overview

CoCrafter operates a B2B marketplace that streamlines subcontractor sourcing and management for construction projects. The platform eliminates inefficiencies and ensures quality through key features, including:

• Verified company profiles to establish trust and reliability.

• No public underbidding, preventing a race to the bottom in pricing and maintaining fair contractor-subcontractor relationships.

• Exclusive focus on B2B craft businesses, ensuring industry-specific solutions.

• Comprehensive digital document management for legal compliance.

• Automated certification and document tracking, reducing administrative burdens.

CoCrafter supports a wide range of trades, including electrical engineering, structural engineering, civil engineering, drywall construction, and HVAC services, making it a versatile solution for the construction industry.

Total Addressable Market

The construction industry faces persistent challenges, including labour shortages and inefficiencies in subcontractor coordination. CoCrafter directly addresses these pain points, tapping into a massive market opportunity.

• Germany Focus, European Potential – The German construction market, particularly the SMB sector, presents a strong entry point with significant expansion potential across Europe.

• Global Construction Software Market Growth – Valued at $9.12 billion in 2023, the market is projected to reach $21.04 billion by 2032, growing at a CAGR of 9.9%. Key growth drivers include cloud-based solutions, smart city initiatives, and digital transformation.

• Regional Insights – North America holds the largest market share ($3.86 billion), but the Asia Pacific region exhibits the highest growth potential.

Business Model & Traction

CoCrafter operates a B2B marketplace model, facilitating seamless connections between contractors and vetted subcontractors. By focusing on quality and compliance, the company has rapidly gained traction in the German market. Over 3,000 businesses are actively using the CoCrafter Marketplace, including Notable clients such as Lindner Group, Nutz GmbH, Elomech Elektroanlagen GmbH, and Hoffrogge GmbH. These companies report substantial time savings and improved efficiency in subcontractor management, validating CoCrafter’s value proposition.

Competitors

While CoCrafter competes with platforms such as Nana, Locofast, and Canibuild, it differentiates itself through unique aspects:

• Exclusive Focus on B2B Subcontracting: Unlike general construction marketplaces, CoCrafter specializes in contractor-subcontractor management, ensuring tailored solutions for the B2B segment.

• Verified Profiles & Rigorous Quality Control: CoCrafter’s platform ensures that only reliable subcontractors are available, fostering trust and transparency across the marketplace.

• Advanced Document Management & Compliance: By incorporating document tracking and certification features, CoCrafter helps businesses navigate complex legal landscapes and reduce project friction, especially in Germany’s heavily regulated market.

Funding

CoCrafter has raised €1.7 million in pre-seed funding from a prominent group of investors, including the renowned Y Combinator and 10x Founders, alongside other strategic investors whose identities remain undisclosed. This financial backing, coupled with support from TUM Venture Labs, positions CoCrafter with the resources and expertise needed to scale rapidly and continue driving innovation within the construction vertical. The strong investor backing reflects confidence in CoCrafter’s ability to disrupt the construction subcontracting market and transform industry practices globally.