Veev

Smart Homes with Advanced Materials and Complete Control.

Industrial Technologies
Acquired (Inactive) by Lennar on Dec 2023 - closed due to acquisition
Acquired Tel Aviv-Yafo Founded 2008
LinkedIn
Total raised
$585.0M
Last: Series D 2022-03
Stage
Acquired
Founded
2008
Headcount
253
HQ
Tel Aviv-Yafo
Sector
Industrial Technologies

About

Veev is a tech-enabled homebuilder that aims to address the housing crisis head on. The company uses a proprietary panelized building system and a digital fabrication process to design and produce new homes. Veev's homes are four times faster to build than traditional means, at a lower cost and with a much lower carbon footprint.

The company's panelized construction takes place in its 50,000-square-foot "Digital Fab" facility, where homes are manufactured as a near-final product with all mechanical, electrical, and plumbing included. These walls are then delivered directly to the construction site where they are prepped for installation. Veev's panelized system is more flexible in terms of design and site location than volumetric factory-built housing.

Funding history · 4 rounds · $585.0M total

2022-03
Series D $400.0M
2021-03
Series C $100.0M
2020-02
Series B $85.0M
2020-02
Debt Financing $12.0M

Sectors & technology

Primary sector
Industrial Technologies
Sub-sectors
Industrial TechnologiesMaterial Innovations & ApplicationsClimate TechClean Industry Tech Green Construction
Business model
B2B

Highlights

Climate Tech

Tags

green-construcionproptechunicorn-2022climate-techconstructionsmart-homeiot-platformbimmaterials