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DEALS | Renovations go digital in Weaver fundraise

A London-based startup has raised $4m for its mission to digitise the home renovations industry with an online marketplace.

Weaver aims to help architects and their clients save time and cut risks associated with renovations through its software, which carries out sourcing, pricing, contracting and paying contractors.

Behind the platform is an “extensive” network of vetted contractors to reduce the risk of renovations going wrong. All communication is carried out on the platform, and Weaver said it acts as a mediator if projects do go wrong.

The $4m seed funding round was led by European VC btov Partners, taking the startup’s fundraising to $5.5m.

Greg Keane, CEO and founder of Weaver, said: “We have been focused on building a platform for home renovation that not only serves an imminent need but will deliver even more value as we scale.

“Very few industries are as behind as the construction industry, and we are poised to become a game changer that can make home renovations much easier, less risky and more cost-effective for contractors, architects and homeowners alike.”

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