Licify provides digital supply-chain management software and financial solutions tailored for the construction industry, covering procurement planning, bidding, billing, and payment conciliation. Led by CEO Fernando Olloqui, the company offers products that streamline procurement and payments to enhance efficiency and drive economic growth. Licify raised $3.4M in a seed funding round to support its growth plans. The company intends to use the funds to expand into Mexico, further enhance its product offerings, develop strategic partnerships, and drive adoption of its digital payments services. Prior funding rounds helped Licify scale to over 17,000 clients in Colombia and facilitate more than $2 billion in business between builders and its supply chain in the last two years.

Total raised

$3M

Funding rounds

1

Latest round

Seed

Latest activity

Jul 2023