BuildLovers, a Spanish construction startup, raised a $600K round, led by $300K from Manutara Ventures. With the funds, BuildLovers will invest in product development and expand its operations to Chile.
BuildLovers connects builders, architects, and financial entities to streamline the home-building process and make acquiring affordable housing faster and easier. The platform has sold over 20 homes and has over 75 projects in its pipeline.
With the investment, BuildLovers plans to solidify its presence in Chile and eventually expand throughout Latin America and the United States.
“In the short term, our main goal is to build a strong presence in Chile and use it as a starting point for our future expansion. In the long term, we aim to consolidate our position in Latin America and continue innovating in the industrialized and personalized home construction sector,” said José Manuel Martínez, CEO and co-founder of BuildLovers.
Manutara Ventures operates in Silicon Valley and Miami and has invested in startups like Xepelin, ETpay, and OpenCasa.