Company Profile (AI Text)
Name: Contractor+
Canonical URL: https://wefunder.com/contractor
Updated at: 2026-06-19T05:00:19Z

Tagline: Collaborative platform and AI for contractors
Elevator pitch: We're building the definitive mobile-first operating system for contractors. We don't just address the problems within the organizational unit, we connect and facilitate the collaboration of contractors.

Key claims:
- Total raised on Wefunder: 641675 | citation: https://wefunder.com/contractor#claim-total-raised
- Total investors: 491 | citation: https://wefunder.com/contractor#claim-total-investors

Verified facts:
- Total raised on Wefunder: 641675 | observed_at: 2026-06-19T05:00:19Z | expires_at: 2026-06-20T05:00:19Z
- Total investors: 491 | observed_at: 2026-06-19T05:00:19Z | expires_at: 2026-06-20T05:00:19Z

Computed metrics:
- total_amount_raised: 641675
- total_investors: 491
- team_size: 8
- featured_investor_count: 6
- faq_count: 5
- recent_post_count: 10

Quick facts:
- $516K Annual Run Rate Revenue, 86%+ Gross Margins, 162% YoY growth | citation: https://wefunder.com/contractor#claim-fact-1
- Multiple Revenue Streams: Subscriptions, Payment Facilitation, Financing, Insurance Referrals & more | citation: https://wefunder.com/contractor#claim-fact-2
- $60B market opportunity with a CAGR of 19%, $13T annual construction spend | citation: https://wefunder.com/contractor#claim-fact-3
- $35k MRR, $7k+ monthly one-time revenue. 6,000 MAUs, 1040+ active paying customers | citation: https://wefunder.com/contractor#claim-fact-4
- Partnerships & integrations with Thumbtack, Intuit Quickbooks, 1build, CompanyCam, Lowe’s & Square | citation: https://wefunder.com/contractor#claim-fact-5
- Patent-pending Contractor+ Assistant AI & Strategic network effects for exponential growth | citation: https://wefunder.com/contractor#claim-fact-6
- Available on all platforms with native applications for Web, iOS and Android Phones & Tablets | citation: https://wefunder.com/contractor#claim-fact-7
- Previous investors include executives at Google, Meta, Intel, Amazon and CACI | citation: https://wefunder.com/contractor#claim-fact-8

Investor memos:
- Kingscrowd Capital: https://uploads.wefunder.com/uploads/remote_files/833930-hRbw1H3tPkCb1BmPvFaossQu/Contractor%2B_Top_Deal_Report.pdf | citation: https://wefunder.com/contractor#claim-investor-memo-1
- Hemdeep Dulthummon: https://uploads.wefunder.com/uploads/remote_files/819107-IEZi5S1RfsiCYP4mRFbp3xPB/Contractor_Plus_-_Investment_Memo__2_.pdf | citation: https://wefunder.com/contractor#claim-investor-memo-2
- Caleb Naysmith: https://wefunder.com/updates/174734 | citation: https://wefunder.com/contractor#claim-investor-memo-3

FAQ:
- Q: Hi. How is this different from FrankApp. Thank you.
  A: Frank is great! But it's just an estimator. It streamlines the estimating process - and nothing else. We are addressing the entire process flow of field service contracting.
- Q: How are you protecting your IPs?
  A: Currently we have trademarks and copyrights filed. We plan to use up to 10% of our raise for extensive patents.
- Q: What is the use of proceeds?
  A: It's was originally planned to be 50% top of funnel user acquisition to scale our top line revenues and get us cash flow positive, 40% payroll/talent acquisition, and 10% legal/IP/R&D. We are primarily focused on building the best product market fit possible for general contractors.
- Q: How many clients do you have?
  A: We have right around 7,000 free users and 140 paying users. Growing every day. We have some really nice middle of funnel optimizations and feature enhancements coming in the next few weeks that will increase our conversion rates quite a bit. Then we are ready to start scaling top of funnel traffic/user acquisition.
- Q: What reasons would a freemium contractor make the decision to become a paying customer?
  A: Hi Elliot, this is a great question. Freemium contractors are limited to one team member (themselves). They can send Estimates, Invoices, Post-Inspections, and use Contractor+ Payments (our built-in payment solution for credit cards and ACH offering same day payouts for Chase account holders). First and foremost - even if a contractor never upgrades, we have ways to generate revenue aside from the subscription (Payments, Homeowner Financing Referrals, Supply Overrides). That said, the main mo...

Recent posts:
- 🎄 Happy Holidays from Contractor+ (2025-12-24T19:05:16Z) https://wefunder.com/feed/235782
- December Product Updates (2025-12-11T00:30:40Z) https://wefunder.com/feed/229966
- Contractor+ V2 is here! (Investor Survey inside) (2025-11-11T20:17:47Z) https://wefunder.com/feed/219631
- Q3 2025 Investor Update - Good news! (2025-08-31T14:19:08Z) https://wefunder.com/feed/185239
- Investor Update H1 2025 (2025-05-16T19:51:53Z) https://wefunder.com/feed/182411
- Q3 Update (2024-09-23T21:22:22Z) https://wefunder.com/feed/176199
- We're Down To The Final Hour! (2024-08-10T02:56:32Z) https://wefunder.com/feed/175135
- Just hit $36K MRR! Round Closing Tomorrow (2024-08-08T18:36:41Z) https://wefunder.com/feed/175088
- The Offer Sheet Interview (2024-08-05T00:19:48Z) https://wefunder.com/feed/175020
- We're Closing August 9th (2024-08-01T18:48:19Z) https://wefunder.com/feed/174969