Veev, a San Mateo, CA-based technology-enabled homebuilding company, raised $400m in Series D funding.
The round was led by BOND, with participation from LenX, Zeev Ventures, Fifth Wall Climate Tech, and JLL Spark Global Ventures.
The new capital will allow the company to scale its operations, expand construction and distribution to new markets, and accelerate R&D initiatives that will make the production of homes more sustainable and cost-efficient.
Led by Amit Haller, CEO and co-founder, Veev is a vertically integrated building technology company taking a technological path to building high-quality homes. The Veev system leverages a proprietary panelized approach to produce fully cladded walls, complete with mechanical, electrical, and plumbing (MEP). The pre-inspected walls are delivered to the site ready for installation using their cutting-edge plug & play system.
The company recently completed a 78-unit emergency housing development in San Jose, California, that took just 90 days to complete. In November, Veev announced a partnership with Lennar to build 102 attached homes in Northern California.
FinSMEs
04/03/2022