Veev, a California-based building technology company, has now secured $100 million in funding round.
Veev is founded by Amit Haller. It vertically integrates the entire homebuilding process – which includes the materials, design, and manufacturing to deliver homes and an improved living experience.
The funding follows some of the key milestones for the company, which includes the launch of its new Accessory Dwelling Unit offering and completion of a 78-unit emergency housing project in collaboration with the City of San Jose – accomplished in under 90 days.
“The housing and construction industries have been slow to adopt new technologies. Veev optimizes every step of the homebuilding process with an integrated approach and scalable manufacturing to build better homes to meet surging demand, while improving quality,” said Veev CEO and Co-Founder, Amit Haller. “With additional capital to fuel our growth, we can remain laser-focused on bringing exceptional living to all with our innovative building technology.”
Veev latest funding
The company secured the funding via a listing on the TASE UP, a digital platform built for innovative companies to seek funding from qualified and accredited institutional investors while remaining private.
The company as of now has plans to use the new funds to continue to expand operations and its business outreach.