Licify - About the company
Licify is a seed company based in Mexico, founded by Fernando Olloqui. It operates as a Provider of a platform for managing construction supply chain and finances. Licify has raised $3.4M in funding from Accion and Brick & Mortar Ventures. The company has 77 active competitors, including 12 funded and 3 that have exited. Its top competitors include companies like Flex, Adaptive and Constrafor.
Company Details
Provider of a platform for managing construction supply chain and finances. The platform centralizes project management from planning to proposal receipt, handling certified suppliers. It facilitates transparent bidding, proposal comparison, and supplier negotiation. The platform automates compliance and contracting, ensuring supplier standard adherence and payment management.
- Website
- www.licify.ai/mx
- Email ID
- *****@licify.mx
- Phone Number
- +52 **********
Key Metrics
Location
Stage
Seed
Total Funding
$3.4M in 1 round
Latest Funding Round
Ranked
5th among 77 active competitors
Employee Count
29 as on Sep 30, 2026
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Licify's funding and investors
Licify has raised a total funding of $3.4M over 1 round. Its latest funding round was a Seed round on Jul 26, 2023 for $*****. 5 investors participated in its latest round. Licify has 6 institutional investors.
Here is the list of recent funding rounds of Licify:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 26, 2023 | 6032049 | Seed | 1633795 | 9914917 | 9962414 | 4688604 |
View details of Licify's funding rounds and investors
Licify's founders and board of directors
Founder? Claim ProfileThe founders of Licify is Fernando Olloqui. Fernando Olloqui is the CEO of Licify.
Here are the details of Licify's key team members:
- Fernando Olloqui: Founder & CEO of Licify.
View details of Licify's Founder profiles and Board Members
Licify's employee count trend
Licify has 29 employees as of Sep 26. Here is Licify's employee count trend over the years:
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Licify's Competitors and alternates
Top competitors of Licify include Flex, Adaptive and Constrafor. Here is the list of Top 10 competitors of Licify, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Flex 2020, Miami (United States), Series B | Internet digital bank for business banking | $184M | 62/100 | |
2nd | Adaptive 2021, New York City (United States), Series B | Developer of artificial intelligence software for automated construction project accounting | $57M | 55/100 | |
3rd | Constrafor Manhattan (United States), Series A | Provider of cloud based risk management and construction growth software | $27.8M | 47/100 | |
4th | Construction project and payment management solution | - | - | 36/100 | |
5th | Provider of a platform for managing construction supply chain and finances | $3.4M | 36/100 | ||
6th | Flashtract 2017, Auburn (United States), Acquired | Developer of cloud software for construction billing and payment management | $16.3M | 34/100 | |
7th | PayKeeper 2004, South Jordan (United States), Seed | Provider of condition-based payment processing and escrow management execution engine | $3.24M | - | 33/100 |
8th | SaaS-driven project payment management solution for construction professionals | $1.75M | 33/100 | ||
9th | BuildPay 2015, Troy (United States), Seed | Payment solutions for construction companies | $3M | - | 29/100 |
10th | One Claim Solution 2016, Gilbert (United States), Unfunded | Provider of insurance billing services for independent restoration contracting businesses | - | - | 28/100 |
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Licify's Investments and acquisitions
Licify has made no investments or acquisitions yet.
Reports related to Licify
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