Cottage, a San Francisco, CA-based software program platform and market that unites owners and contractors to construct Accent Dwelling Items (ADUs), closed $15m Collection A funding spherical.
The spherical was led by Fifth Wall with participation from 1Sharpe Ventures, DivcoWest and current buyers Susa Ventures and Base10 Companions. As a part of this spherical of financing, Fifth Wall’s Dan Wenhold will be part of Cottage’s board of administrators.
This new spherical of capital will allow the corporate to additional spend money on its software program platform and increase to new markets throughout the US.
Led by Alex Czarnecki, Founder & CEO, Cottage gives a SaaS-enabled market for residential development, beginning with Accent Dwelling Items (ADUs). By digitizing the design-build course of, the answer allows owners to design and handle their ADU tasks on-line whereas guaranteeing supply by means of a curated market of contractors. Contractors on the platform get a pipeline of tasks and time-saving instruments, to allow them to concentrate on offering high quality work and shopper service.
Since its launch in 2020, the corporate has labored with a whole lot of householders and contractors throughout the San Francisco Bay Space and Los Angeles to design and construct their customized ADUs.