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Construction procurement platform Constrafor has raised $7.5m via a safe note from Motive Partners and Fifth Wall. The company has raised $106.3m in debt and equity since it was founded in 2019, and is using the latest funds for payroll and to finance its Early Pay Program. This scheme assumes the risk for subcontractor invoices, freeing up cash flow and reducing reliance on traditional lending. Constrafor also partners with Stripe to offer banking services and has around 80 companies banking with it. The new funds will also be used to open up Constrafor's APIs to general contractor customers. https://techcrunch.com/2023/04/24/constrafor-construction-procurement-fintech/