Lowenstein Sandler LLP represented FINTOP as lead investor in a $7 million Series A funding round for SubBase, the leading trade specific construction material procurement platform. The round brings SubBase's total funding to more than $15 million to date. Fika Ventures also participated in the round.
SubBase streamlines materials supply chains by replacing scattered emails, texts, and disconnected spreadsheets often used to manage materials and warehouse inventory with a single connected platform. SubBase enables specialty trade contractors and self-performing general contractors to request pricing, place orders, communicate with suppliers, track deliveries, and reconcile invoices. The platform also features integrations into leading construction accounting systems that give teams real-time budget visibility from the first request through final reconciliation.
The new capital will fund product and engineering growth, expand the company’s supplier network with deeper integrations, and support an AI-driven intelligence and workflow layer that learns from pricing, supplier performance, and delivery data to surface insights and automate decisions.
The Lowenstein team included Laura Cicirelli, Claire Dronzek, Dylan Blanchard, and Anthony O. Pergola.
