Cutstruct - About the company
Cutstruct is a seed company based in Lekki (Nigeria), founded in 2019 by Tayo Odunsi and John Oamen. It operates as a Provider of a digital marketplace for construction products and services. Cutstruct has raised $2.12M in funding from investors like Techstars, CRE Venture Capital and DFS Lab. The company has 164 active competitors, including 11 funded and 5 that have exited. Its top competitors include companies like Mtandt, Huws Gray and TUL.
Company Details
Provider of a digital marketplace for construction products and services. It offers the platform 'LiveVend' that allows users to source construction materials and products, compare their prices, and opt for the required deals from suppliers close to them. The vendors can register and list their products to find customers. The platform also helps to track the progress of construction projects and receive consultation services.
- Website
- cutstruct.com
- Email ID
- *****@cutstruct.com
- Phone Number
- +234 **********
Key Metrics
Founded Year
2019
Location
Lekki, Nigeria
Stage
Seed
Total Funding
$2.12M in 3 rounds
Latest Funding Round
Ranked
7th among 164 active competitors
Employee Count
44 as on May 31, 2026
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Cutstruct's funding and investors
Cutstruct has raised a total funding of $2.12M over 3 rounds. Its first funding round was on Nov 10, 2022. Its latest funding round was a Seed round on Jun 24, 2025 for $*****. 3 investors participated in its latest round. Cutstruct has 6 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Cutstruct:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 24, 2025 | 3259265 | Seed | 6532235 | 7053048 | 5036775 | 5638259 |
2023 | 5464 | Seed | 9876 | 5384 | 9615 | 6803 |
Nov 10, 2022 | 6295632 | Seed | 1514622 | 6284603 |
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Cutstruct's founders and board of directors
Founder? Claim ProfileThe founders of Cutstruct are Tayo Odunsi and John Oamen.
Here are the details of Cutstruct's key team members:
- Tayo Odunsi: Co-Founder of Cutstruct.
- John Oamen: Co-Founder of Cutstruct.
View details of Cutstruct's Founder profiles and Board Members
Cutstruct's employee count trend
Cutstruct has 44 employees as of May 26. Here is Cutstruct's employee count trend over the years:
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Cutstruct's Competitors and alternates
Top competitors of Cutstruct include Mtandt, Huws Gray and TUL. Here is the list of Top 10 competitors of Cutstruct, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Aerial Work Platforms & Equipment Rentals | Buy or Rent | $11.2M | 66/100 | ||
2nd | Huws Gray 1990, Llangefni (United Kingdom), Late Stage | Retailer of construction materials | - | 58/100 | |
3rd | Online retailer of construction materials, hardware, and related supplies | $210M | 57/100 | ||
4th | Provider of procurement platforms for custom construction and building materials | $29.5M | 55/100 | ||
5th |  BuilditIndia 2021, Ahmedabad (India), Seed | Platform providing construction material procurement, reverse bidding, and embedded finance | $400K | 46/100 | |
6th |  The Build Chain 2020, Doncaster (United Kingdom), Seed | Provider of a platform for construction supply chain and materials procurement | $2.16M | 41/100 | |
7th | Provider of a digital marketplace for construction products and services | $2.12M | 39/100 | ||
8th | B2B marketplace offering multi-category home construction products | $1.09M | 39/100 | ||
9th |  Skrap 2017, London (United Kingdom), Seed | Platform offering on-demand construction hire, waste management, and bulk material supply | $1.57M | 38/100 | |
10th |  Meijiabang Technology 2008, Xiamen (China), Series A | Provider of a PAAS platform for the home decoration and building materials industry | $11.6M | 38/100 |
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Cutstruct's Investments and acquisitions
Cutstruct has made no investments or acquisitions yet.
Reports related to Cutstruct
Here is the latest report on Cutstruct's sector:
News related to Cutstruct
•
Nigerian construction tech startup Cutstruct raises $1.5M seed roundInnovation-village•Jun 24, 2025•Cutstruct, CRE Venture Capital, E3 Capital, Techstars and 1 other
•
Nigeria’s CutStruct raises $600k pre-seed funding roundDisrupt Africa•Nov 10, 2022•Cutstruct, Zedcrest Group, DFS Lab, LoftyInc Capital Management
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