Cutstruct Closes $1.5M Seed to Expand Construction Procurement Platform in Nigeria

Nigerian startup CutStruct, co-founded by John Oamen and Tayo Odunsi, has secured a USD 1.5 million seed investment to scale its construction procurement platform.

This latest round was led by CRE Venture Capital, with additional participation from E3 Capital, Techstars, and Zedcrest Capital.

CutStruct is addressing inefficiencies in the construction value chain by providing a digital marketplace where real estate developers and contractors can source building materials from vetted vendors.

Construction tech remains a relatively underexplored segment in African tech, yet it’s one with sizable pain points around procurement, fraud, and supply delays.

Platforms like CutStruct are building infrastructure that targets these operational challenges, a move that investors are beginning to take more seriously as the region’s real estate and infrastructure sectors expand.

While the funding ecosystem has become more selective, CutStruct’s ability to attract repeat investors and institutional backers suggests there’s confidence in its approach to streamlining procurement and providing layered services in a fragmented market.

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