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Kojo procurement platform for construction launches AI tool suite to instantly compare pricing across multiple suppliers; forecast material cost changes and availability; identify cost-saving opportunities

April 22, 2025 //  by Finnovate

Kojo, the construction procurement platform, launched a new suite of AI-powered tools designed to help contractors reduce the impact of rising material costs. As pricing volatility driven by global tariffs continue to put pressure on margins, Kojo’s latest innovation gives contractors a competitive edge by making sourcing faster, smarter, and more cost-effective. Kojo’s AI tools are integrated directly into the workflows that field and office teams already use, so adoption is seamless. With over 500 contractors managing billions of dollars in material spend through Kojo, the platform is quickly becoming the industry standard for intelligent procurement. The new AI tools help contractors: Instantly compare pricing across multiple suppliers; Forecast material cost changes and availability; Identify cost-saving opportunities to source from your own warehouse and bulk buys; and Automate purchasing recommendations based on historical data and supplier trends. “Contractors are navigating one of the most volatile materials markets in decades,” said Maria Davidson, CEO of Kojo. “Our AI suite is designed to take the guesswork out of procurement. It puts real-time intelligence in the hands of project teams so they can stay ahead of price spikes, supply issues, and project delays.”

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Category: Members, Mobile & Social Commerce, Innovation Topics

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