1build

ConstructionSeries AMountain View, US1build.com

Latest round

Series A

Last raised

Sep 2021

Total raised

$23M

Investors

7

About 1build

1build, Inc.Founded in 2019 and headquartered in Mountain View, US, 1build, Inc. offers innovative solutions for the residential construction sector. The company was founded by Dmitry Alexin, who also serves as the CEO.1build's core offerings revolve around Handoff, an advanced AI-driven toolkit designed to optimize the operations of residential construction businesses. This comprehensive system enables contractors to generate instant construction estimates, manage customer relationships through a CRM platform, create winning proposals, and handle invoicing and project management seamlessly. By leveraging machine learning algorithms, Handoff aims to streamline the estimating process, minimize errors, and provide contractors with the insights needed to enhance their workflow and productivity. The primary customers served by 1build include remodelers, handyman services, and those involved in the fix-and-flip market.1build operates on a subscription-based revenue model, which allows clients to access its suite of tools through various pricing plans tailored to the needs of different business sizes and requirements. The structure of transactions generally involves monthly or annual fees paid by contractors for continuous access to the Handoff platform, which includes features such as instant AI estimates and project management tools. Clients may also have the option to hire professional estimators through 1build's estimating service, allowing for a more hands-on approach to bidding and project launches. This transaction framework emphasizes B2B engagements, as 1build focuses on serving construction professionals directly.In September 2021, 1build, Inc. Future initiatives may include the development and launch of new products tailored to enhance operational efficiency in the construction sector, alongside plans to expand into additional markets beyond the US and Canada to further support local contractors.

Who invested in 1build

7 investors across 4 rounds

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Funding rounds

  1. Series A

    Sep 22, 2021

    Amount

    $14M

    Investors

    Locked

  2. Seed

    Oct 24, 2020

    Amount

    $5.5M

    Investors

    Locked

  3. Seed

    Mar 16, 2020

    Amount

    $0.1M

    Investors

    Locked

  4. Seed

    Mar 1, 2020

    Amount

    $3M

    Investors

    Locked

Questions about 1build

Who invested in 1build?

1build has 7 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has 1build raised?

1build has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did 1build last raise money?

1build's most recent round on record is a Series A, in Sep 2021.

What does 1build do?

1build is a construction company.

Where is 1build headquartered?

1build is headquartered in Mountain View, US.

Which VCs invest in companies like 1build?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back construction companies at 1build's stage. Their profiles are linked below.

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