Mosaic Building Group, a Phoenix, Arizona-based construction tech startup, has raised $44 million in a Series B funding round led by Peak State Ventures.

In other words, the company manages construction infrastructure in what it says is an effort to free up real estate developers to focus on things like land acquisition, sales and marketing and architecture. The startup says it is able to do that because its technology actually automates the construction planning process. To date, the company has completed 160 homes and has 195 under construction, with the plan of building 400 homes over the next two years. The company is looking to double its current 70-person headcount by the end of 2022 and to speed up the construction of homes within its more than $500 million residential development project pipeline.  

Mosaic Raises $44M To Automate The Construction Planning Process

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Mosaic Raises $44M To Automate The Construction Planning Process

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