Veev

Veev

Hybrid real estate solutions company that reinvents the way homes are built and experienced. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
€909m (Public information from Mar 2022)
San Mateo California (HQ & founding location)
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DateInvestorsAmountRound
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N/A

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N/A

Late VC
*

$12.0m

Debt

$85.0m

Series B
N/A

N/A

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$100m

Late VC
*

$400m

Valuation: $1.0b

Series D
*

$100m

Acquisition
Total Funding€532m

Recent News about Veev

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Veev is a forward-thinking technology home builder that is revolutionizing the home construction industry. The company focuses on creating high-quality, smart, and sustainable homes faster and more efficiently than traditional methods. Veev's innovative approach integrates advanced technology into the building process, offering programmable home operations that allow homeowners to control lighting, temperature, and other features through touch panels or a mobile app.

Veev primarily serves real estate developers and is currently active in vibrant neighborhoods across California and Texas. By partnering with developers, Veev aims to expand its presence and bring its cutting-edge homes to more communities. The company’s unique selling proposition lies in its Veev Closed Wall System, which is engineered for strength, embedded with technology, and panelized for efficiency. This system not only ensures higher quality but also reduces construction time and costs.

The business model of Veev revolves around providing a superior product that commands a price premium. Veev homes are sold at a 17% higher price than the market average due to their unmatched value and quality. Additionally, Veev's commitment to sustainability is evident in its use of greener materials and processes, resulting in homes that produce 54% lower carbon emissions compared to traditional construction methods.

Veev generates revenue by selling these high-quality, tech-enabled homes to developers and homeowners who are willing to pay a premium for the added value and sustainability features. The company's focus on innovation and efficiency allows it to deliver superior homes at competitive prices, making it an attractive option for both developers and end-users.

In summary, Veev is transforming the homebuilding industry by offering smart, sustainable, and high-quality homes that are built faster and more efficiently. The company’s innovative approach and commitment to excellence make it a standout player in the market.

Keywords: Technology, Homebuilder, Smart Homes, Sustainable, Efficient, Developers, California, Texas, Innovation, Quality.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.