Home renovation startup Freemodel raised a $19.5M Series A round.

 



Home renovation startup Freemodel raised a $19.5M Series A round

The funding round was led by QED Investors in partnership with LL Funds. 


  • Freemodel partners with real estate agents to design, manage, and pre-pay for clients' home renovations. 
  • The California-based startup claims to have achieved 500% YoY revenue growth since its launch in 2020. 
  • Proceeds from the funding round will be used to expand the startup's approach to pre-paid, fully managed market preparation renovations and expand to Texas and Florida in Q1 2023. 
  • The funding round saw participation from RWT Horizons, FJ Labs, 1984 Ventures, 1Sharpe Ventures, and Crossbeam Venture Partners.

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