VEEV
AcquiredModern design. Built to precision.
Hayward, United States · Founded 2008 · $585.0M raised
- Headquarters
- Hayward, California
- Employees
- 501–1000
- Founded
- 2008
- Business Model
- B2C
- Website
- veev.com
- Total Funding
- $585.0M
- Last Round
- $400.0M Series DMar 2022
- Rounds
- 3
- Acquired by
- LennarDec 2023
About
VEEV (originally founded as Dragonfly Group in 2008) was a tech-enabled prefabricated home construction company based in Hayward, California. VEEV developed a proprietary Closed Panel System using light-gauge steel framing with integrated plumbing, electrical, and fire safety within panels, enabling precision on-site assembly. After raising over $600 million and achieving unicorn status, VEEV was acquired by Lennar Corporation in December 2023. The technology and brand continue operating as Veev, by Lennar, building all-electric, solar-powered modern homes primarily in California.
Summary
VEEV is a Construction Tech company based in Hayward, United States, founded in 2008. It has raised $585.0M in total across 3 rounds, most recently a $400.0M Series D round in Mar 2022. Investors include Bond Capital, Zeev Ventures and LENx.
Tech & App Stack
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Funding History
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Dec 2023
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Debt Financing through Acquisition — per-round amounts, valuations, and who invested in each round.
Investors
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