FinTech news in Michael Brown category

He notes that by using Kojo, supervisors spend about 38% less time on materials management, back-office staff save approximately 75% of time processing purchase orders and customers save around 3 to 5% on materials. Earlier this year, the startup rebranded to Kojo and expanded from serving just one construction trade — electrical — to eight, including mechanical, concrete, drywall, roofing, flooring, site preparation and self-perform general contractors. In other words, it provides software to help contractors get the best price for the materials they use in construction projects so they save a lot more money, move faster and have less waste. Kojo claims it can help contractors save as much as hundreds of thousands of dollars in materials annually due to far less waste, while also cutting down their order process time by 50%.

The company, launched in 2019 by Devshi Mehrotra and Leslie Jones-Dove, stores, catalogs, analyzes and then shares video evidence, hoping to increase transparency around criminal matters such as police interactions and improve overall judicial outcomes for low-income criminal defendants. JusticeText automatically transcribes criminal evidence data, making it searchable by keywords, weapons, drugs and crimes, so attorneys can easily create videos to use in hearings or trials. Software company JusticeText today announced the closing of a $2.2 million seed round, with participation from Bloomberg Beta, True Ventures, Reid Hoffman, John Legend and Michael Tubbs. The company currently works with 50 public defender offices and has around 60 clients who are private criminal defense attorneys.