The digital matchmaking platforms in the building and renovation sector have been on a roll in the last few years. While Utrecht-based construction and renovation platform Solvari acquired competitors Casius and Twizzi to further strengthen its market position in the Benelux region last week, London-based marketplace connecting architects and contractors, Weaver has raised $4 million now.
The seed round funding is expected to fuel expansion plans across metro areas in the U.K. It was led by European VC btov Partners with participation from FJ Labs, Enterprise Fund (a syndicate of former Atlassian & Docker executives), Ben Naftzger (former Atlassian marketing director), Justen Stepka (former product manager at Atlassian & Docker), Jens Schumacher (CPO of search.io and former head of product at Atlassian) and Dr. Stefan Heitmann (founder & CEO of MoneyPark and PriceHubble) amongst others.
The company has earlier raised $5.5 million, previously in pre-seed from angel investors such as Greg Marsh (founder and CEO of Nous and onefinestay), Demetrios Zoppos (founder and COO/chairman of Klevio and onefinestay), Natasha Foster (co-founder and COO of Paid) and Dan Scott (former COO of Houst/Airsorted).
The startup helps architects and their homeowner clients to reduce the risks associated with hiring a general contractor by developing software that does all the critical work from sourcing, pricing, contracting, and paying contractors over one interface. It also acts as a go-to mediator in case things don’t work out as planned between a homeowner and general contractor.
Greg Keane, CEO and founder, Weaver said: “We have been focused on building a platform for home renovation that not only serves an imminent need but will deliver even more value as we scale. Very few industries are as behind as the construction industry, and we are poised to become a game-changer that can make home renovation much easier, less risky, and more cost-effective for contractors, architects, and homeowners alike.”