# Falkbuilt

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/falkbuilt

- Industry: Construction
- Headquarters: Calgary, Canada
- Website: www.alkbuilt.com
- Total disclosed funding: $43M
- Latest round: Series A (Apr 13, 2022)
- Investors on record: 2

## About

Falkbuilt Ltd. is a Canadian company that specializes in modular construction solutions, focusing on innovative, efficient, and sustainable building systems for both residential and commercial sectors.Founded in 2019, Falkbuilt Ltd. operates out of Calgary, Canada, and specializes in modular construction solutions. The company has successfully completed 6 deals, with its most recent funding round being a Series A that raised CAD 35.000 mn on April 13, 2022, co-led by Real Estate Technology Ventures and Stephens Capital Partners. Mogens Smed serves as CEO.Falkbuilt specializes in providing innovative construction solutions, with a primary focus on modular building systems designed for efficiency and sustainability. Their core offerings include pre-engineered modular units that streamline the construction process, significantly reducing time and labor costs while enhancing building quality. These products cater to the growing demand for flexible and rapid construction methods in both residential and commercial sectors, serving general contractors, property developers, and governmental agencies primarily in North America and select markets in Europe.Falkbuilt generates revenue through a business-to-business (B2B) model, primarily involving direct sales and partnership agreements with construction firms and developers. The transaction structure revolves around contracts for modular building units, which may include options for customization based on client requirements. Pricing plans are tailored to accommodate varying project scopes, ensuring that clients receive solutions that meet their specific needs. Flagship products feature enhanced design elements that command premium pricing, reflecting their innovative approach to construction. Falkbuilt's revenue model is further supported by ongoing service contracts that provide installation and maintenance support for their modular systems, fostering long-term relationships with clients.Following the CAD 35.000 mn raised in Series A funding in April 2022, Falkbuilt plans to enhance its production capacity and invest in expanding its global network of Falkbuilt Factory Direct offices. The funding will also support further development of their Echo technology to broaden their business reach. This strategic direction aims to position Falkbuilt for growth in emerging markets, with specific plans to target expansion into new geographic areas in North America and Europe in the coming years.

## Funding rounds

- Series A, Apr 13, 2022, $28M — Stephens Capital Partners, RET Ventures
- Series A, Nov 9, 2020, $15M — RET Ventures

## Investors

- RET Ventures (https://capitalatlas.ai/funds/ret-ventures) — Series A
- Stephens Capital Partners (https://capitalatlas.ai/funds/stephens-capital-partners) — Series A