Manufacton, Inc.

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Manufacton, Inc. - overview

Established

2014

Location

Boston, MA, US

Primary Industry

Software

About

Manufacton, Inc. , based in Boston, Massachusetts, specializes in providing a cloud-based platform that streamlines offsite construction and prefabrication processes, enhancing operational efficiency and decision-making. Founded in 2014, Manufacton, Inc. delivers innovative solutions for the construction industry.


The company has successfully completed three funding deals, with the latest being a SERIES A round in February 2021, raising USD 2. 50 mn led by Brick & Mortar Ventures. The company's headquarters is in Boston, MA, USA, and it was acquired by DSI Digital, LLC in February 2021, transitioning its focus towards providing comprehensive tools for the full lifecycle of buildings. Raghi Iyengar serves as the founder alongside CEO Mitch Hughes.


Manufacton offers a comprehensive cloud-based platform designed to enhance offsite construction and optimize prefabrication processes through data-driven decision-making. Their core product suite includes tools for managing factory production, inventory, work packages, and onsite installations, aimed at improving productivity, quality, and efficiency across construction projects. The platform provides real-time visibility into production metrics, enabling modular builders, general contractors, trade contractors, and developers to streamline operations and mitigate risks associated with inventory and labor. Their services primarily cater to the construction industry in the United States, focusing on increasing affordable housing options and improving project coordination.


Manufacton's revenue model is built around a subscription-based service that provides ongoing access to its software platform. Clients typically enter into agreements allowing them to leverage the platform for effective management of their prefabrication operations. Transactions generally involve annual or monthly subscription fees that vary based on the scale of operations and specific features utilized. Key platform services include production tracking and inventory management, crucial for maintaining client operations and ensuring effective communication across teams.


The company targets B2B transactions, offering tailored solutions for clients in the construction and manufacturing sectors. Moving forward, Manufacton aims to enhance its platform with new product features, although specific release dates remain unannounced. The company also plans to expand its market reach beyond the United States, focusing on international markets to enhance its global footprint. The funding raised through the SERIES A round in February 2021 will support these initiatives, enabling the company to invest in product development and market expansion efforts.


Current Investors

Brick & Mortar Ventures

Primary Industry

Software

Sub Industries

Systems Management Software, Content Management Software, Analytics & Performance Software

Website

www.manufacton.com

Verticals

Cloud Computing, IoT (Internet of Things), Mobile Apps

Company Stage

Acquired

Total Amount Raised

Subscriber access only

Manufacton, Inc. - employee data

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