Home » Proptech startup Weaver secures £3m to grow home renovations marketplace

Proptech startup Weaver secures £3m to grow home renovations marketplace

by Sion Geschwindt
Proptech startup Weaver secures £3m to grow home renovations marketplace

Weaver, a London-based home renovations marketplace and SaaS contract negotiation platform, has secured $4m (c.£3.05m) in a seed funding round led by European VC btov Partners.

Weaver’s platform connects vetted contractors with homeowners or architects planning major home renovation projects.

The startup will use the fresh funding to expand its business to major metros across the UK.

FJ Labs, Enterprise Fund, and Dr. Stefan Heitmann also participated in the round, among others.

Greg Keane, CEO and founder, 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.”

Florian Schweitzer, CEO and partner at btov, added: “We have been following the market for quite some time and have not seen any other player with comparable traction at this stage.

“The team is extremely focused and determined with deep talent to succeed. Hence, we are convinced that Weaver is on to something special and will have a massive impact on the market.”

Weaver’s marketplace, which has been live for over four years, has processed over $120m worth of construction to-date, with the startup noting that orders on the platform in 2021 grew 2.6x times over 2020. It currently has around 400 contractor companies, 300 architect firms, and around 900 homeowners/individual users registered.

Image credit: Weaver

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