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Veev

San Mateo, CA Construction Technology Acquired

Veev was a California-based construction technology company founded in 2008 by Amit Haller, Ami Avrahami and Dafna Akiva. The company developed a proprietary, vertically integrated prefabricated panel home building system, producing wall, floor and ceiling components with electrical and plumbing pre-installed for on-site assembly. Veev aimed to address the U.S. housing shortage by accelerating residential construction with factory-built panels using a high-performance surface material in place of drywall. After raising approximately $600 million over four rounds and reaching unicorn valuation in 2022, Veev initiated an Assignment for the Benefit of Creditors (ABC) wind-down process in November 2023 following the abrupt cancellation of a planned capital raise. Lennar, its largest strategic investor via LenX, acquired Veev's remaining assets in December 2023 for a fraction of prior valuation and now operates Veev as a wholly owned subsidiary focused on efficient, sustainable homebuilding.

Acquired

Veev has been acquired

Acquired by Lennar Corporation December 21, 2023 Several tens of millions (undisclosed)

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2008

Employees

Wound down ; previously ~400

Total Funding

$597M

4 rounds

Funding

Total raised $597M across 4 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

Series D

Date

March 1, 2022

Amount

$400M

Valuation

Lead Investors

BOND
DateRoundAmount RaisedValuationLead Investors
March 1, 2022 Series D $400M BOND
March 2021 Series C $100M LenX
February 2020 Series B $85M Zeev Ventures, Lennar Ventures

Prominent Investors

BOND LenX Zeev Ventures Fifth Wall Climate Tech JLL Spark Global Ventures Len X

Leadership

  • Amit Haller

    Co-Founder & former CEO

  • Ami Avrahami

    Co-Founder

  • Dafna Akiva

    Co-Founder

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Boxabl

    Producer of factory-built foldable modular homes that ship flat-packed and unfold on site; targets affordable housing.

  • Mighty Buildings

    Construction-tech firm using 3D-printed composite panels and prefab modules to deliver sustainable, factory-built homes.

  • Plant Prefab

    California-based designer and manufacturer of custom prefabricated single- and multifamily homes using a panelized and modular system.

  • ICON

    Construction technology company using large-scale robotic 3D printing to build residential homes and structures.

  • Dvele

    Factory-built precision homes manufacturer emphasizing energy efficiency, healthy-home features and modular delivery.

  • Katerra

    SoftBank-backed vertically integrated construction-tech firm aiming to industrialize building (filed for bankruptcy in 2021); shared Veev's vertically integrated thesis.

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