Navigating Tariff Challenges with Cofactor Co-Founder Philip Gulley: The Future of Procurement
Supply chain disruption, tariff uncertainty, and the quest for manufacturing stability take center stage in this enlightening conversation with Philip Gulley, Chief Strategy Office and Co-Founder of Cofactr.
EMSNow
The Survival Guide for Trump Tariffs 2.0
While the industry endured similar uncertainty during Trump's initial go-around with tariffs in 2018, his latest protectionist provisions are truly concerning for companies, as they threaten healthcare's supply chain stability.
ODT Magazine
Navigating Supply Chain Challenges With Cofactr
Phillip Gulley from Cofactr discusses the complexities of supply chain management, focusing on the impact of tariffs. The Cofactr platform automates temporary import bond management, allowing companies to delay tariff payments and improve cash flow. The duty drawback process is explained to help avoid multiple tariff payments. Emphasizing visibility in tiered supply chains, Cofactr aids companies in managing risk and enhancing operational efficiency.
I-Connect007
Trump Policies Deplete Post-Election Space Stock Gains
President Donald Trump’s first term was a boon for the space industry. His first administration reestablished the National Space Council, created closer ties between the commercial sector and civil decision makers, attempted to streamline launch and reentry licensing requirements, and stood up the Space Force. So, it’s no wonder investors were bullish on a second term.
Payload
From Freight to AI: Expansion and Innovation Lead February’s Logistics M&A Activity
February 2025 saw a series of strategic acquisitions in the global logistics industry, highlighting key trends such as consolidation in freight forwarding, expansion in software-driven logistics solutions, and increased investments in specialised transport services. These acquisitions reflect the industry’s ongoing transformation as companies seek to strengthen market positioning, service offerings and geographical presence.
TI Insight
Aviation Manufacturers Seek Exemption From Trump Tariffs
Coalition of 15 groups says lifting the tariffs is essential to maintaining a ‘robust, resilient, and reliable supply chain.’
Flying
Tariffs: Balancing the Certainty of Short-Term Pain with Potential Long-Term Gain
Initial global supply chain disruptions appear unavoidable.
Manufacturing.net
NOTED: Supply Chain Highlights
$ Cofactr, a supply chain and logistics management platform for critical hardware manufacturers, closed its $17.2 million Series A funding round. The raise was led by Bain Capital, and joined by existing seed investors Y Combinator, Floating Point Ventures, Broom and DNX. The new investment brings Cofactr’s total funding to $28.8 million.
Inbound Logistics
Technology Tackles Supply Chain Import/Export Compliance Headaches
Tariffs and sanctions mean aerospace companies have to be transparent. The threat of the U.S. tariffs on aircraft and aerospace products and the inevitable retaliation by nations targeted by the Trump administration have highlighted how exposed the industry is to extremely complex and rapidly changing import and export requirements.
Aviation International
Revolutionizing Supply Chain: The Cofactr Solution
Cofactr was co-founded by Phillip Gulley and Matthew Haber, originally as a small PCB assembly house. Recognizing a greater need, they transformed Cofactr into a supply chain execution platform that automates and optimizes manufacturing processes. The company integrates early design data with supply chain information to identify potential issues, provide risk abatement, and streamline procurement.
I-Connect007
Medtech Navigates Uncertainty: Strategic Planning Amidst Trump’s Tariffs & Global Trade Disruptions
Although the uncertainty of pending tariffs is becoming all too familiar, medical device manufacturers and suppliers aren’t just sitting back and resting on their laurels when it comes down to strategic planning.
Packaging Digest
Medtech Navigates Uncertainty: Strategic Planning Amidst Trump’s Tariffs & Global Trade Disruptions
Although the uncertainty of pending tariffs is becoming all too familiar, medical device manufacturers and suppliers aren’t just sitting back and resting on their laurels when it comes down to strategic planning.
Medical Device and Diagnostic Industry
Cofactr Acquires AI Solution to Manage Supply Chains That Bring Together Thousands of Parts and Hundreds of Suppliers to Create Products in the U.S.
Cofactr, a supply chain and logistics management platform that streamlines parts sourcing, production and processes for high-compliance and agile hardware manufacturers, today announced the acquisition of AI-based solution Factor.io.
i40today
Cofactr Acquires Factor.io to Help Automate Supply Chain Tracking
The deal will help manufacturers get real-time updates on their supply chain, reducing delays and improving efficiency
SupplyChain 24/7
Trump tariffs set up potential ‘nightmare’ scenario for aircraft manufacturing
Industry analysts says absolute cost of an airplane could increase by ‘single digits’ from duties on electronics systems alone
Freight Waves
EDACafe Bunker Broadcast
Interview with Phillip Gulley, CSO and Co-Founder at Cofactr
EDA Cafe
Trump Tariffs Set Up Potential ‘Nightmare’ Scenario for Aircraft Manufacturing
Absolute cost of an airplane could increase by ‘single digits’ from duties on electronics systems alone, according to an industry analyst.
Flying
Cofactr acquisition of Factor.io to enhance AI supply chain automation
The integration will enable Cofactr users to manage procurement, approve and pay for orders, move items between vendors, track deliveries, and monitor stock availability.
Digital Commerce 360
Cofactr Acquires Factor.io to Enable Procurement Beyond Electronic Components
Cofactr will integrate Factor.io’s capabilities into its unified platform, where critical hardware manufacturers and R&D teams manage and automate every process involved in getting products to market.
Supply & Demand Chain Executive
CityBiz: Cofactr Acquires Factor.io
NEW YORK–(BUSINESS WIRE)–Cofactr, a supply chain and logistics management platform that streamlines parts sourcing, production and processes for high-compliance and agile hardware manufacturers, today announced the acquisition of AI-based solution Factor.io.
CityBiz
Cofactr Acquires AI Solution to Manage Supply Chains in the U.S.
The Acquisition of AI Company Factor.io Will Enable Procurement Beyond Electronic Components and Reduce Logistical Delays for Defense, Aerospace, Robotics, MedTech and Other Highly Regulated Manufacturers
Manufacturing Tomorrow
Cofactr Acquires Factor.io
Cofactr, a NYC-based provider of a supply chain and logistics management platform, announced the acquisition of Factor.io, a Cambridge, MA-based company developing AI-based solutions.
FinSMEs
Cofactr Acquires AI Solution to Manage Supply Chains
The Acquisition of AI Company Factor.io Will Enable Procurement Beyond Electronic Components and Reduce Logistical Delays for Defense, Aerospace, Robotics, MedTech and Other Highly Regulated Manufacturers
Robotics Tomorrow
DesignCon 2025 – 30 Years of Excellence
DesignCon, the premier high-speed communications and system design conference and exposition, celebrated their 30th anniversary with special events such as a 30th anniversary lounge, scavenger hunt, First Timers gathering, Women in Engineering reception and Lunar New Year celebration.
Signal Integrity Journal
Industry Predictions for 2025 – Cofactr
The high reliability mature-node semiconductor supply had been weak for years and was on track to be outpaced by automotive demand in the years leading up to 2020.
EDA Cafe
Supply Chain in Numbers - Dec 30, 2024
New York startup Cofactr raised $17.2 million in a series A investment round. With the new funding, Cofactr will hire engineering and customer-service personnel to support its supply chain and logistics management platform, designed for high-compliance industries like aerospace.
Supply Chain in Numbers
Cofactr Raises $17.2M to Help Aerospace and Defense Companies Navigate Complex Supply Chains
By creating a seamless link between Product Lifecycle Management, Enterprise Resource Planning, and Manufacturing Execution Systems, Cofactr enables organizations to maintain rigorous compliance while accelerating their product development cycles.
AlleyWatch
December 16 Newsletter: Could Tariffs Be a Tailwind for Logistics Startups?
Good day. With new tariffs likely on the horizon, some logistics visibility startups might see a spike in demand. Take Cofactr, a New York-based startup that offers a supply chain and logistics management platform that serves sectors such as aerospace, defense, robotics and medical technology.
Wall Street Journal
Cofactr: Supply Chain Management Platform Raises $17 Million (Series A)
Cofactr – a supply chain and logistics management platform that streamlines production processes and policies for critical hardware manufacturers – announced the closing of its $17.2 million Series A funding round. Bain Capital led the funding, and they were joined by existing seed investors Y Combinator, Floating Point Ventures, Broom, and DNX. The new investment brings Cofactr’s total funding to $28.8 million.
Pulse 2.0
#NYCtech Week in Review: 12/8/24 – 12/14/24
Cofactr, a supply chain and logistics management platform that streamlines hardware manufacturing, has raised $17.2M in Series A funding led by Bain Capital Ventures. Founded by Matthew Haber and Phillip Gulley in 2021, Cofactr has now raised a total of $28.8M in reported equity funding.
StrictlyVC
Cofactr Raises $17.2 Million in Series A
Cofactr, a New York-based supply chain and logistics management platform, has raised $17.2 million in Series A funding, bringing its total funding to $28.8 million.
The SaaS News
The AlleyWatch Startup Daily Funding Report: 12/12/2024
Cofactr, a supply chain and logistics management platform that streamlines hardware manufacturing, has raised $17.2M in Series A funding led by Bain Capital Ventures. Founded by Matthew Haber and Phillip Gulley in 2021, Cofactr has now raised a total of $28.8M in reported equity funding.
AlleyWatch
Cofactr secures $17.2M Series A funding led by Bain Capital
Supply chain and logistics management platform Cofactr closes Series A funding, bringing total funding to $28.8M, to address challenges in high-compliance industries and electronics procurement.
VentureCapital.com
Cofactr raises money to enhance supply chain and logistics platform
SAN FRANCISCO – New York startup Cofactr raised $17.2 million in a series A investment round. With the new funding, Cofactr will hire engineering and customer-service personnel to support its supply chain and logistics management platform designed for high-compliance industries like aerospace.
SpaceNews
Cofactr secures $17.2M to expand supply chain tools for high-compliance industries
Supply chain and logistics management platform startup Cofactr Inc. announced today that it has raised $17.2 million in new funding to scale up its go-to-market efforts and grow its supply chain risk management and process tools suite.
SiliconANGLE
Manufacturing Tomorrow: Cofactr Raises $17M Series A to Streamline Supply Chain
Bain Capital Ventures Leads Raise for Supply Chain Management Platform That Eliminates Compliance and Operational Roadblocks For Manufacturers That Need to Move Fast on High-Velocity Projects. Y Combinator, Floating Point Ventures, Broom and DNX Also Participate.
Manufacturing Tomorrow
FinSMEs: Cofactr Raises $17M in Series A Funding
Cofactr, a NYC-based provider of a supply chain and logistics management platform, raised $17M in Series A funding. The company intends to use the funds to scale go-to-market efforts and grow its suite of supply chain risk management and process tools.
FinSMEs
Cofactr Raises $17M Series A to Streamline Supply Chain
Bain Capital Ventures Leads Raise for Supply Chain Management Platform That Eliminates Compliance and Operational Roadblocks For Manufacturers That Need to Move Fast on High-Velocity Projects. Y Combinator, Floating Point Ventures, Broom and DNX Also Participate.
Robotics Tomorrow
Cofactr Secures $17M to Address Supply Chain Challenges in Hardware Manufacturing
New Funding Supports Development of Tools for Fast, Compliant Product Development Amid U.S. Manufacturing Challenges
DroneLife
Cofactr Secures $17 Million to Enhance Hardware Supply Chains
Cofactr, a dynamic supply chain and logistics management platform, has just secured an impressive $17.2 million in its Series A funding round. The raise was spearheaded by Bain Capital, known for its investments in disruptive companies. The additional funds elevate Cofactr's total funding to $28.8 million, a testament to the growing demand for efficient supply chain solutions.
Investors Hangout
Cofactr Completes $17.2M Series A Round
Cofactr, a supply chain and logistics management platform that streamlines production, processes and policies for critical hardware manufacturers, today announced the close of its $17.2M Series A funding round.
VC News Daily
Cofactr Raises $17M in Series A
NEW YORK–(BUSINESS WIRE)–Cofactr, a supply chain and logistics management platform that streamlines production, processes and policies for critical hardware manufacturers, today announced the close of its $17.2M Series A funding round. The raise was led by Bain Capital, one of the world’s leading private investment firms, which invests in companies that are transforming traditional industries. It was joined by existing Seed investors Y Combinator, Floating Point Ventures, Broom and DNX. The new investment brings Cofactr’s total funding to $28.8 million.
City Biz
Supply chain software firm Cofactr gains $17 million in venture cash
The supply chain software vendor Cofactr today said it has raised $17 million from Bain Capital Ventures to scale up its product, a supply chain and logistics management platform that streamlines production, processes, and policies for critical hardware manufacturers.
DC Velocity
Cofactr Raises $17M in Series A Funding
NEW YORK – Cofactr, a provider of a supply chain and logistics management platform for hardware manufacturers, has raised $17.2 million in a series A investment round.
Printed Circuit Design & Fab
Cofactr Raises $17M Series A to Streamline Supply Chain
Bain Capital Ventures Leads Raise for Supply Chain Management Platform That Eliminates Compliance and Operational Roadblocks For Manufacturers That Need to Move Fast on High-Velocity Projects. Y Combinator, Floating Point Ventures, Broom and DNX Also Participate.
Sales Technology Insights
Axios Pro Rata: Top of the Morning
Axios Pro Rata covers the announcement of Cofactr raising Series A funding.
Axios Pro Rata
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