TLDR:
- Handle.com has raised funding from Amex Ventures and Suffolk Technologies
- The funding will help Handle.com accelerate its mission to modernize construction payments
Handle.com, a leading provider of construction payment and credit solutions, recently announced investments from Amex Ventures and Suffolk Technologies. This funding round signifies Handle’s growth and impact on the digital transformation of finance organizations in the construction industry. By automating and streamlining payment workflows, Handle helps construction teams save time and costs associated with tracking project payment status and cash flows.
The funding from Amex Ventures and Suffolk Technologies will allow Handle to further its mission of modernizing construction payments by addressing industry challenges such as inefficiency, complexity, and delays. The capital will be used to enhance Handle’s platform, develop resources, and expand its reach across the construction sector.
Key quotes from Patrick Hogan, CEO of Handle, highlight the significance of this investment in reshaping construction payments and unlocking opportunities in the industry. Amex Ventures also expressed excitement for Handle’s digital solutions that improve operational efficiency for construction materials suppliers.
Overall, the support from Amex Ventures and Suffolk Technologies positions Handle.com for continued growth and innovation in the construction payments sector, ultimately benefiting customers and advancing the industry as a whole.
