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Venture Capital News: Agora Nabs $33M Series B

2021-08-12
SAN FRANCISCO, CA, Agora, the industry-leading commercial construction procurement platform, today announced its $33 million Series B funding round.
The round was led by Tiger Global, with additional key investments from 8VC, Tishman Speyer, Jerry Yang, Michael Ovitz, DST, LeFrak, and Kevin Hartz. Commercial trade contractors use Agora to order and track materials, automate manual data entry, and bring all their supply chain stakeholders together onto a single platform for seamless communication. Agora's software solution is a crucial component in reducing the cost of construction, helping deliver critical projects that strengthen local communities faster and more efficiently, and reducing materials waste.

Agora is a materials procurement platform built for commercial trade contractors to reduce overhead costs and increase labor productivity. The platform brings the field, office, warehouse, accounting teams, and suppliers, onto one collaborative platform, allowing contractors to create requisitions, issue purchase orders, and track invoices and deliveries instantaneously. To learn more, visit www.helloagora.com.
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