Cofactr

🤔 𝗦𝗢𝗖 𝟐 𝗖𝗲𝗿𝘁𝗶𝗳𝗶𝗰𝗮𝘁𝗶𝗼𝗻 𝗘𝘅𝗽𝗹𝗮𝗶𝗻𝗲𝗱 ...except it's not actually a certification. Let's cut through the jargon: SOC 2 is like a security report card for how you handle customer data. There are no gold star stickers, but you do get an auditor's report that says, "Yep, they're not terrible with data security." The fun part? It's completely voluntary... until it's not. Because if your customers have SOC 2, they pretty much have to require it from you. Quick facts: 💰 Budget: ~$25K ⏰ Timeline: 6-12 months 🎯 Who needs it: Anyone touching customer data Want to know if you actually need SOC 2? Read more in our latest blog, the link is in the comments below.  #Hardware #Security #Tech #DataPrivacy

Excited for 2025 at Cofactr!

𝗛𝗮𝗽𝗽𝘆 𝗡𝗲𝘄 𝗬𝗲𝗮𝗿 𝗳𝗿𝗼𝗺 𝘁𝗵𝗲 𝗖𝗼𝗳𝗮𝗰𝘁𝗿 𝘁𝗲𝗮𝗺! As we kick off 2025, we're energized by the incredible innovations our community brought to life in 2024. You've shown us that when hardware manufacturers have the right tools, nothing can slow down progress – not even complex regulations or supply chain challenges. This past year, we've supported groundbreaking projects in aerospace, robotics, medical technology, and autonomous vehicles. Your successes have reinforced our mission to make hardware manufacturing faster, smarter, and more compliant. Here's to pushing boundaries and building the future together in 2025! 🚀 Cheers! #NewYear2025 #Hardware #Manufacturing #SupplyChain

Hear from some of the Cofactr team about how we're making hardware teams' lives easier. No fancy scripts, just real talk about real solutions. #SupplyChain #Manufacturing #Engineering

Transitioning from prototypes to scaled production in hardware manufacturing can be a challenge. Hear from Cofactr's co-founders, Matthew Haber‎ and Phillip Gulley‎, as they share some lessons learned in their experience in hardware manufacturing and how that spurred the creation of Cofactr.  They didn't stop there. Their journey led them to develop internal tools that grew into Cofactor's platform. The outcome? Data-driven solutions delivered straight to customers. By offering comprehensive data management, they helped their customers make informed choices earlier in the design process, which is a real game-changer for scaling production. #hardware #manufacturing #scaledproduction

𝗛𝗮𝗽𝗽𝘆 𝗛𝗼𝗹𝗶𝗱𝗮𝘆𝘀 𝗳𝗿𝗼𝗺 𝗮𝗹𝗹 𝗼𝗳 𝘂𝘀 𝗮𝘁 𝗖𝗼𝗳𝗮𝗰𝘁𝗿! Wishing you all a joyful holiday season filled with successful builds, smooth procurements, and breakthrough innovations! The entire Cofactr team wants to express our deepest gratitude to our amazing community of hardware innovators! Get to the Good Parts!  - Team Cofactr #HappyHolidays #Hardware #Manufacturing #SupplyChain

We are overwhelmed by the incredible coverage of Cofactr's $17.2M Series A announcement! We are also humbled to see our mission to revolutionize hardware manufacturing resonate across the tech community. A huge thanks to SpaceNews‎, AlleyWatch‎, The Wall Street Journal‎, Pulse 2.0‎, The SaaS News‎, StrictlyVC‎, DC Velocity‎, citybiz‎, Investors Hangout‎, Massinvestor/ VC News Daily‎, DroneLife‎, Fortune‎, Axios‎, SiliconANGLE & theCUBE‎, FinSMEs‎, Hardware FYI‎ and so many more for highlighting how we're tackling the complex challenges of hardware supply chains. Your coverage helps shine a light on the critical need for innovation in hardware manufacturing infrastructure. A special shoutout to our lead investors, Bain Capital Ventures‎, Y Combinator‎, Floating Point‎, Broom Ventures‎, and DNX Ventures‎ for believing in our vision to make hardware manufacturing as agile as software development. #SeriesA #Hardware #Manufacturing #SupplyChain #StartupNews

Have you heard what @Factortechnology is doing for procurement teams that work in manufacturing? Check this out!

What an incredible evening in Boston last week! Hardware FYI and Cofactr are so grateful for co-hosting an unforgettable dinner that brought together some of the brightest minds in hardware manufacturing. The conversations were riveting, ranging from navigating tariffs to production scaling challenges. Nothing beats seeing hardware leaders share real stories, challenges, and solutions over good food! A special shoutout to everyone who joined us and made the evening so dynamic. Some of our guests represented companies like Formlabs, Nautilus Defense, Wing, AutoPCB, Newgrange Design, Edgewater Research, LeafLabs, and voltalabs.io. These networking gatherings remind us why we love the hardware community—and why we choose to support each other's growth and push the boundaries of what's possible. We are all looking forward to more collaborations and conversations! If you missed this one, we are hosting in San Jose in January. Link to register is in the comments below. #HardwareCommunity #Manufacturing #TechEvents #Boston

When sourcing through Cofactr, we aim to deliver the best possible purchasing solutions for your parts or Bill of Materials (BOM). Our process is designed to optimize your sourcing by meticulously searching through our extensive network of distributors. 𝗛𝗲𝗿𝗲'𝘀 𝗵𝗼𝘄 𝗶𝘁 𝘄𝗼𝗿𝗸𝘀: Cofactr evaluates every potential combination of sourcing sources and pricing. This includes individual parts and synergistic purchasing strategies that consider shipping costs, distributor fees, and customs expenses. The result? We provide the most favorable landed cost for single parts and your entire BOM. 𝗧𝘄𝗼 𝗽𝗼𝘄𝗲𝗿𝗳𝘂𝗹 𝗳𝗲𝗮𝘁𝘂𝗿𝗲𝘀 𝗲𝗻𝗵𝗮𝗻𝗰𝗲 𝗼𝘂𝗿 𝘀𝗼𝘂𝗿𝗰𝗶𝗻𝗴 𝗰𝗮𝗽𝗮𝗯𝗶𝗹𝗶𝘁𝗶𝗲𝘀: 𝗦𝗽𝗼𝘁 𝗕𝘂𝘆: This option fine-tunes your purchasing strategy for individual parts.    𝗖𝗮𝗹𝗰𝘂𝗹𝗮𝘁𝗲 𝗦𝗼𝘂𝗿𝗰𝗶𝗻𝗴 𝗢𝗽𝘁𝗶𝗼𝗻𝘀: This feature optimizes sourcing across your entire BOM, ensuring you get the best deal possible. While optimizing a single part takes seconds, larger BOMs may take longer. For instance, optimizing a 200-line BOM can take around one minute, but the savings often make it well worth the wait. Additionally, users can easily refine their searches by applying filters to include or exclude specific distributors, certifications, or even certain inventories at the BOM level. #Cofactr #SupplyChainOptimization #Procurement #BOM #SourcingSolutions