What is Cottage Technologies, Inc.?
Cottage Technologies, Inc. is developing a SaaS-enabled marketplace designed to streamline the collaboration between homeowners and contractors. The platform facilitates online design, provides upfront pricing, and connects homeowners with vetted contractors who utilize Cottage's tools to manage their businesses. The company is initially focusing on Accessory Dwelling Units (ADUs), addressing the growing demand for housing and offering a smart investment opportunity for homeowners while ensuring consistent work for contractors.
How much funding has Cottage Technologies, Inc. raised?
Cottage Technologies, Inc. has raised a total of $18.5M across 2 funding rounds:
Angel/Seed
$3.5M
Series A
$15M
Angel/Seed (2020): $3.5M with participation from Susa Ventures and Base10 Partners
Series A (2022): $15M led by Susa Ventures, 1Sharpe Ventures, Divco West, Fifth Wall, and Base10 Partners
Key Investors in Cottage Technologies, Inc.
Susa Ventures
Susa Ventures is an early-stage venture capital firm that invests in seed-stage startups, aiming to help build the next billion-dollar companies. They provide capital and community without taking board seats.
Base10 Partners
Base10 is a technology investment firm focused on investing in founders who address challenges faced by the majority of the population. They are committed to donating 50% of profits from their largest investments to support scholarships at underfunded colleges.
Fifth Wall
Fifth Wall is the largest venture capital firm focused on technologies for the global real estate industry (proptech). They connect the world's largest owners and operators of real estate with technology entrepreneurs.
What's next for Cottage Technologies, Inc.?
The substantial enterprise-level funding indicates a strategic push for scaling operations and expanding market reach. Cottage Technologies is poised to enhance its platform capabilities, onboard more contractors, and potentially broaden its service offerings beyond ADUs. This investment will likely fuel product development, marketing initiatives, and team expansion, solidifying its position in the proptech and home improvement markets.
See full Cottage Technologies, Inc. company page
