Veev Group Inc.

www.veev.com

Formerly Dragonfly Group

High-Tech Company

Acquired by Lennar

TECH VERTICALS

Construction Tech Climate Tech, Industrial Technologies, Manufacturing, PropTech, Real Estate, Smart Home

General Data

Sector	Hardware & Industrial
Company Stage:	Revenue Growth
Established	2008
Number of Employees	255
Employees in Israel	100
Reg. Number:	abCDe

DESCRIPTION

Veev is a building technology company founded on the belief that homes are the ultimate consumer product, and they need to be built better, and faster. Working across design, development, engineering, manufacturing, and construction, Veev has developed a vertically integrated approach to productize the home and improve on cost and quality, up to 4x the speed of traditional construction. Veev is focused on building multi-family homes and single-family homes at scale, to help develop and support communities, and improve our quality of living.

TECHNOLOGY

Veev is a vertically integrated building technology company taking a revolutionary technological path to building turnkey, high-quality homes. The Veev system leverages a proprietary panelized approach to produce fully cladded walls, complete with mechanical, electrical, and plumbing (MEP). The pre-inspected walls are delivered to the site ready for installation using their cutting-edge plug & play system

	TARGET MARKETS
	Real Estate Developers, Residential Housing market, Construction & Real Estate development industry.

	BUSINESS MODEL
	B2B

COMPETITORS

Plant Prefab , Factory OS

AFFILIATION

Account ID	Affiliation Type	Name	Parent Name	Status
437D405E-92E3-E611-80CD-00155D0B832B		Veev Group Inc.		Acquired/Merged
9B74F0C1-E1E2-E611-80CD-00155D0B832B	Subsidiary	Reali Inc.	Veev Group Inc.	Ceased

SERVICE PROVIDERS

Company Name	Type
abC Defghij	Accounting Firm

REMARKS

Date	Remark
	Veev Group originated in 2008 as a traditional real estate developer and asset manager.

CONTACT INFO

Expand / Collapse All

Main Address: Hayward, United States

Address	2701 W. Winton Ave.
City	Hayward
State/Province	CA
Country	United States
Zip	94545

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Tel Aviv, Israel

Address	25 Ha'Mered St. 20th Fl.
City	Tel Aviv
Country	Israel
Zip	6812508

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

	MANAGEMENT

Key Executive

Name	Title	Previous Position
Mr. Ami Avrahami	Co-Founder	IXI Mobile (Technical Product Manager)
Ms. Dafna Ben-Porat Akiva	Co-Founder
Mr. Amit Haller	Co-Founder	Butterfly VLSI (now TI Israel) (CEO & Fonder)

Mergers & Acquisitions

Round

Date

Stage

Amount

Valuation

Acquired

Dec. 21, 2023

Revenue Growth

abCDe

	FINANCIAL ROUNDS

Total Capital Raised
abCDe

Financial Rounds

Numbers of Investors

Expand / Collapse All

Round

Date

Stage

Amount

Valuation

Fourth Round

Mar. 01, 2022

Revenue Growth

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe	Led the round
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Corporate VC	abCDe
abC Defghij	Corporate VC	abCDe
abC Defghij	Venture Lending Fund	abCDe
abC Defghij	Traditional Industry	abCDe
abC Defghij	Private Investor	abCDe

Third Round

Mar. 22, 2021

Revenue Growth

abCDe

Raised at TASE UP, a platform launched by the Tel Aviv Stock Exchange that enables tech companies to raise funds from institutional investors while remaining privately owned.

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Corporate VC	abCDe
abC Defghij	Institutional Investor	abCDe
abC Defghij	Institutional Investor	abCDe
abC Defghij	Institutional Investor	abCDe
abC Defghij	Institutional Investor	abCDe
abC Defghij	Institutional Investor	abCDe
abC Defghij	Private Investor	abCDe

Venture Lending

Feb. 28, 2020

Revenue Growth

abCDe

Second Round

Feb. 28, 2020

Revenue Growth

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe	Led the round
abC Defghij	Corporate VC	abCDe
abC Defghij	Private Investor	abCDe

First Round

Jun. 01, 2019

Revenue Growth

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe	Round co-leader
abC Defghij	Corporate VC	abCDe	Round co-leader

	Acquisitions made by Veev

Acquired Company	Sector	Date	Amount	Remarks
abC Defghij	Consum...	Jul. 01, 2019	abCDe

	PORTFOLIO COMPANIES

Historic Portfolio (1)

Company Name

Sector

Round/Deal Type

Date Announced

Investor Amount

Total Deal Amount

Remarks

Reali

Ceased to Operate

CO SW

Second Round - Extended	18/08/2021	N/A	$75m
Second Round	18/07/2018	N/A	$20m
First Round	01/11/2017	N/A	$8m
Seed	19/10/2016	N/A	$2m

Last Updated:	abCDe
IVC Number:	abCDe