COMPANY PROFILE

Mosaic

Provides framing and general contracting services to homebuilders utilizing technology platform to deliver additional efficiency at every step

Phoenix, United StatesFounded 2015Real Estate

Valuation $100–250M Last recorded · 2021

Revenue $10–50M Latest reported FY

Headcount 100–500 Current team size

Total funding $50–100M Disclosed equity funding

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About Mosaic

In 2017, Salman Ahmad and Sep Kamvar, two visionary computer scientists, founded Mosaic with a mission to revolutionize the construction industry. Their journey began at MIT and Stanford, where they developed cutting-edge machine learning algorithms. Mosaic was born out of a desire to make residential construction more scalable and efficient.

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Mosaic operates as a digital general contractor, providing comprehensive services for build-to-rent developers. Their innovative platform streamlines the construction process, from estimation and contracting to project management. By leveraging technology, Mosaic aims to reduce costs and improve the quality of residential construction.

The company has experienced significant growth, marked by a notable Series C funding round in June 2023, where they raised $26 million. This funding, led by OMERS Ventures and supported by Founders Fund and General Catalyst, underscores the confidence investors have in Mosaic's vision and potential.

Mosaic's business model focuses on providing scalable solutions for the construction industry, emphasizing efficiency and sustainability. Their approach not only addresses the challenges faced by traditional construction methods but also sets a new standard for the industry.

As Mosaic continues to expand, they remain committed to their core mission of transforming the construction landscape. With a strong foundation and a clear vision, Mosaic is poised to lead the way in making residential construction more accessible and sustainable for future generations.

Source: Dealroom company data