In-deco

About In-deco

In-deco, known as 领筑智造 in China, is a technology-driven firm targeting the public construction and decoration market. Established in 2016 by founder and CEO Randy Wan (万柳朔), the company provides end-to-end solutions for commercial space projects. Wan, a serial entrepreneur, previously founded the co-working space "Wujie Space." The challenges and high costs associated with decorating these shared offices illuminated the inefficiencies within the traditional public construction sector, prompting him and his co-founder Yin Kunyuan to launch In-deco.

The company operates by integrating technology into the entire lifecycle of a construction project, from initial design and material selection to construction management and after-sales service. This model addresses common industry pain points like opaque pricing, low efficiency, and inconsistent service standards. In-deco serves a mix of large corporate clients and small-to-medium-sized businesses, including notable names like ByteDance, Meituan, Xiaomi, and WeWork. Revenue is generated by delivering these one-stop-shop services for public spaces such as offices, hotels, and retail stores.

A core component of In-deco's service is its proprietary technology stack. The firm has developed an internal SaaS management system to digitize and automate workflows, including quoting, project management, and financials. In the design phase, it employs AI and modular design concepts with thousands of SKUs to rapidly generate plans, reducing a process that traditionally takes over a week to just a few hours. For construction, the company utilizes technologies like 3D scanning for monitoring and quality control. This digital-first approach aims to reduce reliance on manual labor, lower costs, and improve efficiency. The company has secured significant funding, including a $20 million Series C round in 2020, with investors like Sequoia Capital, ZhenFund, and strategic partners such as BASF and Saint-Gobain. In 2021, In-deco formed a joint venture with Saint-Gobain, inSpace, to advance modular construction solutions.