aVenture · Mar 2024
aVenture described Concord Materials as SaaS for construction procurement, finance, and materials management and estimated about 5 employees as of Feb. 2024.
Automating procurement and finance for construction companies
Company research
Public company, workplace, funding, and market signals
Updated Jul 29, 2026
Overview
Concord Materials is a Brooklyn/New York-based, YC-backed construction fintech and materials-management startup. Its platform automates procurement, digital ticketing, AP/reconciliation, pricing, payments, and financing for bulk construction materials operators, especially concrete producers and ready-mix/aggregate businesses.
Primary product
Integrated materials-management and AP automation platform for bulk construction materials operators
Founded
2020
Headquarters
Brooklyn, NY, United States
Team size
1-10
Industry
Construction
Sub-industry
Construction materials management / construction fintech
Offices
475 Kent Ave, Brooklyn, NY 11249, US
Business model
B2B SaaS
marketplace
embedded fintech
payments
financing
Funding
Stage
Seed / accelerator-backed
Total raised
$2.2M
Latest round
Early Stage VC · Sep 2021
Sep 2021
Aug 2021
Harvard Business School New Venture Competition prize / accelerator
Mar 2021 · Harvard Business School
People & investors
Work & culture
Lean, founder-led startup with construction-industry roots, a technical product focus, and YC/HBS pedigree; no public benefits or formal culture page found.
Product & market
Pricing
Not publicly disclosed; a third-party listing suggests subscription pricing starting around $49/month.
Differentiators
- —digital ticket tracking with electronic signatures
- —GPS and on-truck sensor integrations
- —job-site barcode scanning and geofencing
- —AI-powered AP processing and automated reconciliation
- —embedded payments and financing
- —digital credit applications
- —dynamic pricing mechanisms
- —integrations with accounting and ERP systems
- —built-in insurance offerings
Technology
Ruby on Rails
React
Sidekiq
Amazon S3
AWS ECS Fargate
machine learning
AI
Heroku (prior hosting)
Nixpacks
Customers
concrete producers
aggregate providers
ready-mix operators
aggregate and cement suppliers
haulers
fleets
drivers
construction firms buying rock, sand, and cement
beta customers including the largest independent concrete producer in New England
Competitors
BulkSource
SubBase
Field Materials
Build Chain
Matrak
Soil Connect
Scale & contact
Estimated revenue
Third-party estimates vary widely, from about $256,665 to about $5M annually; no official revenue disclosure was found.
Estimated monthly visits
248
Latest news
Startup Intros · Aug 2021
Startup Intros reported a $2M seed round for Concord Materials and listed 2.12 Angels, Extantia Capital, Frontline Ventures, and Chris Murphy among the backers.
The Boston Globe · Apr 2021
The Globe profiled Concord Materials as a construction materials-management platform aiming to level the playing field for smaller contractors.
Harvard Business School · Mar 2021
HBS named Concord Materials a $50,000 winner for an integrated materials-management platform for construction operators powered by machine learning and fintech.
The Harvard Crimson · Mar 2021
The Crimson reported Concord Materials as a grand-prize winner, highlighting its workflow digitization for ordering bulk construction materials.
Jobs and careers at Concord Materials
0 jobs at Concord Materials
No open positions
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