We’re excited to announce that we’ve recently raised a total of $19.5M in funding, including the closing of a $14M Series A led by Greycroft Capital. As Covid-19 continues to make the cost of construction and housing materials like lumber more volatile than ever, our technology delivers the latest and most accurate pricing data from every county in the country – creating the de facto cost estimation tool for contractors and home builders.
“1build is operating at a core leverage point in the construction space, driving materials cost transparency on a localized basis and enabling regional commodity economies to improve market efficiency,” said Brentt Baltimore at Greycroft. “By revolutionizing access to real-time materials data for everyone from smaller contractors to large commercial builders, 1build’s platform is bringing stability to a market that directly impacts which materials manufacturers should orient their supply chains around, where landlords may purchase their next asset, how much consumers ultimately pay for this housing, and much more.”
Read more about the announcement here