Suffolk Technologies Invests in Handle.com

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Handle.com, a construction payments software platform, has announced a significant investment from Suffolk Technologies, the venture capital arm of Suffolk Construction. This strategic funding round signifies a pivotal moment for Handle as it aims to expand its innovative credit and payment solutions across the built environment. Suffolk Technologies, known for supporting transformative startups addressing challenges within the construction industry, offers more than just capital, providing a comprehensive ecosystem of support for growth and innovation. Wan Li Zhu, Co-Founder and Managing Director of Suffolk Technologies, highlighted Handle's potential to bring efficiency to payment workflows in construction, which often face delays and complexities. As part of the investment, Handle will benefit from Suffolk Technologies' resources, including marketing support and introductions to key trade partners, enhancing its visibility and adoption in the construction ecosystem. Patrick Hogan, CEO of Handle.com, expressed excitement about partnering with Suffolk Technologies, citing their expertise and connections in the construction sector. Founded by Suffolk Construction, Suffolk Technologies is a venture capital platform funding companies addressing built environment challenges, partnering with visionary founders to accelerate industry-wide adoption of innovative solutions.

Original article posted on February 8, 2024









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