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Venture Capital News: Mosaic Building Group Raises $44M Series B

2021-11-01
PHOENIX, AZ, Mosaic Building Group, a construction technology platform for the residential development industry, announced a $44 million Series B.
Mosaic Building Group, a construction technology platform for the residential development industry, announced a $44 million Series B funding round from Peak State Ventures, Andreessen Horowitz, Founders Fund, Innovation Endeavors, and Building Ventures.

Mosaic's platform and team serve as a tech-enabled general contractor for production-scale residential development projects. Much like cloud hosting providers such as AWS manage datacenter infrastructure to allow tech companies to focus on their core business, Mosaic manages construction infrastructure, allowing real estate developers to focus on the value-driving components of their core business, such as land acquisition, sales and marketing, and architecture.
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