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Founded Year

2015

Stage

Dead | Dead

Total Raised

$1.502B

Revenue

$0000 

About Katerra

On June 1, 2021, Katerra ceased operations. Katerra connects Building Information Modeling (BIM) tools and computational design directly to its ERP global supply chain infrastructure for the ease of material ordering, manufacturing, tracking, and delivery. Its platform aims to optimize every aspect of building development, design, and construction. On December 30, 2020, SoftBank Group acquired a majority stake in Katerra for $200M. The firm was founded in 2015 and is based in Menlo Park, California.

Headquarters Location

2494 Sand Hill Road Bldg 7, Suite 100

Menlo Park, California, 94025,

United States

650-422-3572

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Research containing Katerra

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Katerra in 4 CB Insights research briefs, most recently on Dec 12, 2023.

Expert Collections containing Katerra

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Katerra is included in 1 Expert Collection, including Tech IPO Pipeline.

T

Tech IPO Pipeline

286 items

Katerra Patents

Katerra has filed 66 patents.

The 3 most popular patent topics include:

  • building engineering
  • construction
  • structural system
patents chart

Application Date

Grant Date

Title

Related Topics

Status

4/7/2021

10/3/2023

Web frameworks, Subcompact cars, Electrical safety, Pickup trucks, Rally cars

Grant

Application Date

4/7/2021

Grant Date

10/3/2023

Title

Related Topics

Web frameworks, Subcompact cars, Electrical safety, Pickup trucks, Rally cars

Status

Grant

Latest Katerra News

Can modular housing startups be saved at a critical time for the industry?

Jan 18, 2024

A manufacturing robot in Katerra's former housing factory. Image: Katerra. The notion that factory-built modular homes can serve as the salvation to America's vexing housing crisis has increasingly come under scrutiny, a report summarized recently in Business Insider . A crippling lack of widespread success for modular housing startups can be attributed to state and federal manufacturing regulatory barriers, a lack of builders’ experience, investors’ overconfidence, local building codes, persistent social stigmas about prefabricated homes, and an overall lack of demand. The inflexibility of the prefabrication process for single-family designs is another factor hindering many businesses as well, according to the article. Katerra and, more recently, Veev are perhaps the best-known examples. The once $1 billion Bay Area ‘unicorn’ shuttered its U.S. operation in November after constructing 170 units total in 15 years. Veev's failure can be boiled down to a flawed premise of viewing itself as a manufacturer instead of a builder-developer, says KB Home SVP Scott Finfer . Adjustments to the model, including more localized approaches that entrust skilled laborers like carpenters with the homes’ delivery, are seen as necessary to keep the surprisingly old solution viable while market conditions remain the same. The modular construction industry is expected to grow to $131.58 billion by 2030. Harvard Business Review has a further analysis of the industry's trajectory and limitations here . Similar articles on Archinect that may interest you...

Katerra Frequently Asked Questions (FAQ)

  • When was Katerra founded?

    Katerra was founded in 2015.

  • Where is Katerra's headquarters?

    Katerra's headquarters is located at 2494 Sand Hill Road, Menlo Park.

  • What is Katerra's latest funding round?

    Katerra's latest funding round is Dead.

  • How much did Katerra raise?

    Katerra raised a total of $1.502B.

  • Who are the investors of Katerra?

    Investors of Katerra include SoftBank, Greenoaks Capital Management, Foxconn, DFJ Growth Fund, Khosla Ventures and 12 more.

  • Who are Katerra's competitors?

    Competitors of Katerra include Mighty Buildings and 6 more.

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