Cofactr announced it acquired Factor.io, an AI-based supply chain management solution; Factor.io CEO Doug Shultz joined Cofactr as Head of Strategic Accounts.
SourceCloud pre-factory logistics and procurement for electronics
Public company, workplace, funding, and market signals
Updated Jul 30, 2026
Cofactr is an electronics supply chain infrastructure platform for hardware manufacturers, combining AI-powered component intelligence, procurement execution, and ITAR-registered warehousing/kitting to help teams move from BOM to build with better traceability and fewer delays.
Primary product
Electronics supply chain infrastructure platform for procurement execution, component intelligence, warehousing, and kitting
Founded
2022
Headquarters
Brooklyn, New York, United States
Team size
11-50
Work style
Remote
Industry
Computers and Electronics Manufacturing
Sub-industry
Electronics supply chain / procurement and inventory management platform
0 jobs at Cofactr
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Offices
Business model
Leadership
CEO, Co-Founder
Chief Strategy Officer (CSO), Co-Founder
Haley Harrington
Head of Product
Robert Segal
VP of Sales
Doug Platz
Head of Supplier Network
Mykayla Banyai
Head of People
Joshua Weber
Head of Customer Success, Support, and Professional Services
Ed Dodd
Vice President of Business Development
Libby Melton
VP of Marketing
Noah T.
Director, Data & AI Engineering
Appears execution-oriented and hardware-operations focused, with emphasis on pragmatic problem solving, compliance, speed, and shipping customer outcomes; hiring materials describe a startup environment that handles ambiguity and complexity.
Work style
Remote
Compensation
A public Staff Fullstack Engineer posting listed a US-based remote salary range of $178,000-$215,000, suggesting transparent compensation for engineering roles.
Benefits
Pricing
No public pricing table found; support docs and FAQ indicate quote/demo-led, likely sales-assisted enterprise pricing with no upfront costs mentioned in public marketing.
Differentiators
Technology
Customers
Competitors
Estimated revenue
$10M-$25M
Cofactr announced it acquired Factor.io, an AI-based supply chain management solution; Factor.io CEO Doug Shultz joined Cofactr as Head of Strategic Accounts.
SourceCofactr announced it acquired custom hardware sourcing solution Cogbase to scale manufacturer supplier networks in the U.S.
SourceBusiness Wire · May 2025
Cofactr announced another acquisition, Cogbase, to expand supplier-network capabilities for hardware manufacturers.
Business Wire · Feb 2025
Cofactr acquired Factor.io; Factor.io CEO Doug Shultz joined Cofactr as Head of Strategic Accounts.
Cofactr blog · Jan 2025
The company said it grew its team by 50% in 2024 and added leadership across business development, customer success, marketing, and engineering.
Business Wire · Dec 2024
Announced a $17.2M Series A led by Bain Capital Ventures, bringing total funding to $28.8M; the company said the capital would support go-to-market expansion and product development.
Cofactr blog · Dec 2024
Explains Cofactr's platform as a procurement execution system for electronics manufacturers, handling sourcing, kitting, compliance, and delivery.