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X-Frame

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X Frame is a tech company that has developed a recoverable and reusable framing system for the next generation of sustainable construction

AustraliaFounded 2018Real Estate
Valuation <$5M Last recorded · 2022
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $0–10M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for X-Frame and the history behind them.

About X-Frame

X-Frame is positioned at the intersection of construction technology and sustainability, aiming to transition the building industry from a linear to a circular economy. The company was founded in 2017 by Ged Finch and Carsten Dethlefsen. The concept originated from Finch's Master of Architecture thesis research in 2017, which envisioned a modular wall framing system to reduce construction waste and enable end-of-life material recovery and reuse.

The foundational idea was demonstrated through a full-scale prototype at Victoria University of Wellington in late 2017, supported by a research award. This initial success, followed by further prototyping in 2018 and 2019 with support from KiwiNet and various New Zealand construction firms, helped the system mature. To scale commercially, X-Frame New Zealand partnered with Wellington University Ventures and the Innovyz Institute in 2019 to establish X-Frame Australia. Carsten Dethlefsen joined as general manager, allowing Finch to concentrate on technology development. The company secured its first capital raise in late 2020.

X-Frame's core business revolves around a precision-fabricated, lightweight framing system that facilitates easy assembly, disassembly, and reconfiguration of building structures. This system uses a series of modular, interlocking engineered wood parts that can be put together without nails or screws, making it adaptable for future changes and reducing waste. The company utilizes a proprietary technology platform that automates the entire process from design and manufacturing to component tracking and redeployment logistics of recovered materials. Its product offerings cater to commercial, retail, residential, and institutional clients, providing solutions for office fit-outs, educational spaces, and various building types. One of their key offerings is a room-in-room, reconfigurable meeting room system for offices. By focusing on a circular model, X-Frame aims to create a system where building components can be endlessly reused, reconfigured, and redeployed.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2018
Headquarters
Australia
Employees
24
Open positions
None listed
Dealroom signal
82.1/100
Industry
Real Estate
Sub-industry
Construction
Sector
Real Estate, Sustainable Development Goals, Building Solutions, Spinout, Urban Tech, Climate Tech, Circular Economy, Green Buildings, Sustainable Building Construction
Technology
Recognition Technology, Artificial Intelligence
Business model
Manufacturing
Client focus
b2b

Funding history

6 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES AEquity / VC Jun 2024 $1.3M $5.2M Undisclosed —
SEED✓Equity / VC Dec 2022 $647K $2.6M Undisclosed ↗
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Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023 —
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Growth signals

X-Frame website traffic

Latest recorded traffic for X-Frame is 1.2K monthly website visits, down 29.4% over the last three months. X-Frame's team grew 100% over the past year.

Latest monthly visits1.2K 3-month web change-29.4% 1-year team growth+100%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed3 investors entered at this stage

  • KiwiNet
  • Wellington UniVentures
  • Innovyz

Other known investors1 additional known investor

  • Victoria University of Wellington
Team profiled 2 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇦🇺 Australia HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about X-Frame on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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