MyCabin SIA

ConstructionSeedJelgava, Latviamycabin.lv

Latest round

Seed

Last raised

Mar 2023

Total raised

$1.6M

Investors

1

About MyCabin SIA

Based in Jelgava, Latvia, and founded in 2020 by CEO Girts Draugs, MyCabin SIA operates as a provider of modular housing solutions to clients in Latvia, the Baltics, and Northern Europe. The company designs and manufactures prefabricated homes, including various models and additional structures. MyCabin specializes in modular housing solutions, prominently featuring the Milla series, which includes models such as Milla 25, Milla 40, Milla 47, and Milla 60. The company also offers additional structures like saunas and barns. These prefabricated homes are intended to meet improved standards of sustainability, using natural materials and minimalist design principles. Each model provides flexible space solutions, accommodating between one and four rooms. MyCabin generates revenue through direct sales of modular homes and additional structures, including saunas and barns. Transactions occur on a direct-to-consumer basis, with pricing determined by selected models and configurations. The sales process includes customized quotes to simplify client decision-making. For example, MyCabin offers a range of modular homes, including the Milla 47 and Milla 60 models.10 m², is priced starting at EUR 29,945, while the Milla 60 model is available from EUR 64,945. These prices vary based on selected configurations and additional features. MyCabin plans to expand its production facility near Riga, increasing capacity to produce ten houses per month.

Who invested in MyCabin SIA

1 investor across 1 round

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Funding rounds

  1. Seed

    Mar 15, 2023

    Amount

    $1.6M

    Investors

    Locked

Questions about MyCabin SIA

Who invested in MyCabin SIA?

MyCabin SIA has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has MyCabin SIA raised?

MyCabin SIA has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did MyCabin SIA last raise money?

MyCabin SIA's most recent round on record is a Seed, in Mar 2023.

What does MyCabin SIA do?

Based in Jelgava, Latvia, and founded in 2020 by CEO Girts Draugs, MyCabin SIA operates as a provider of modular housing solutions to clients in Latvia, the Baltics, and Northern Europe.

Where is MyCabin SIA headquartered?

MyCabin SIA is headquartered in Jelgava, Latvia.

Which VCs invest in companies like MyCabin SIA?

Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Balderton Capital back construction companies at MyCabin SIA's stage. Their profiles are linked below.

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