Welcome Homes, a New York-based proptech company that delivers luxurious homes at a guaranteed price, raised $29M in Series A funding.
The round was led by Era Ventures, with participation from Parker89, Montage Ventures, Foundamental, Global Founders Capital, Activant Capital, Gaingels, Elefund, and Arkin Holdings. In conjunction with the funding, Clelia Warburg Peters, Managing Partner at Era Ventures, will be joining Welcome Homes’ board of directors.
The company intends to use the funds to hire talent to further develop its proprietary land technology, design new home models, and expand into new markets throughout the U.S.
Led by CEO Alec Hartman, Welcome Homes is an online home building platform that creates a price-transparent process to deliver single-family residences. The company offers guaranteed pricing and streamlines the entire process, from land selection to customization to financing and construction.
It is currently available in New York, New Jersey, Connecticut, Maryland, and Pennsylvania, and will soon be in areas around the U.S.
FinSMEs
13/01/2023