VEEV

Acquired

Modern design. Built to precision.

Hayward, United States · Founded 2008 · $585.0M raised

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

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

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

7 technologies & apps tracked

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Funding & Exit History

AcquisitionLennar AcquisitionDec 2023

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Funding: Series B through Series D. Amounts, valuations, and investors where available.

Investors

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