Construction procurement software startup SubBase has raised $7 million in a Series A funding round led by FINTOP, with participation from Fika Ventures. The latest investment brings the company’s total funding to more than $15 million.

Founded in 2022, the Fort Lauderdale-based company develops procurement and materials management software for specialty trade and general contractors. The platform allows contractors to request pricing, place orders, communicate with suppliers, track deliveries, and reconcile invoices through a single system.

SubBase also integrates with accounting platforms to provide project teams with real-time visibility into budgets and material spending.

CEO and founder Eric Helitzer started the company after spending more than a decade in the construction and development sector. During his time as a project manager and engineer, he observed that many contractors still relied on emails, spreadsheets, and group messages to manage material procurement and project coordination.

The company said it currently processes thousands of orders every week and expects to reconcile more than $1 billion in material volume this year.

SubBase plans to use the new capital to expand its product and engineering teams. The company also aims to strengthen its supplier network through deeper software integrations and additional AI-driven capabilities.

FINTOP director Brittani Roberts will join the company’s board as part of the investment. According to Roberts, the construction materials market continues to operate through fragmented and manual workflows, creating an opportunity for software platforms focused on operational efficiency.

In addition to product development, SubBase said it is hiring across product, engineering, sales, and customer success roles to support its next stage of growth.

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