GoContractor announces Series A financing with $5 million investment
New York: GoContractor, the leader in the digitization of construction worker onboarding and compliance tracking, today announced a $5 million Series A round of funding led by Building Ventures and Ironspring in the U.S. with continued participation from existing investors. The new funding will allow GoContractor to further scale across the US and European markets, grow its sales, support, and marketing teams, and increase investment in its research and development organization located in Ireland.
GoContractor is the only worker and subcontractor onboarding and data management solution that exclusively focuses on training, managing, and connecting general contractors with their workers and subcontractors in the construction industry.
“We are very excited to work with Building Ventures and Ironspring, they both have an excellent track record and a very solid standing in the construction industry,” said John Naughton, CEO, GoContractor. “BV and Ironspring share our passion and enthusiasm for transforming the construction and understand the importance of connecting and qualifying workers through an online platform to safely access construction sites across the globe.
Every day, approximately one million construction workers, subcontractors, and support personnel are on-boarded and trained on construction sites across the globe. Traditionally, this process is done manually, in-person, and requires one to two hours of classroom training, document collection, and site orientation. With GoContractor, this entire process is completed online, through any web-enabled device. This means workers and subcontractors arrive at job sites fully prepared to work, with all of their paperwork and documentation completed beforehand.
As a result, projects are completed faster while general contractors can rest easy knowing they have comprehensive records on every worker who steps on their worksite. Companies can verify every worker has received complete, standardized, and professional training through the GoContractor platform.
