Saturday, November 26, 2022 11:34 pm

Construction tech company Mosaic raises funding to fuel expansion

(Photo via Mosaic)

By Symone Strong | Builder

Mosaic, a construction technology platform, announced a $44 million Series B funding round from Peak State Ventures, Andreessen Horowitz, Founders Fund, Innovation Endeavors, and Building Ventures, among others, bringing Mosaic’s total funding to date to $68.75 million.

Mosaic’s platform and team serve as a tech-enabled general contractor for production-scale residential development projects. Much like cloud hosting providers, Mosaic manages construction infrastructure, allowing real estate developers to focus on the value-driving components of their core business, such as land acquisition, sales and marketing, and architecture.

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