Woodea

Woodea

ConTech solutions for today's construction challenges. Learn more

Launch date
Employees
Market cap
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Enterprise valuation
CAD8—13m (Dealroom.co estimates Dec 2022.)
Company register number B10728590
Valencia Valencian Community (HQ)
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DateInvestorsAmountRound
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N/A

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€1.4m

Seed
Total FundingCAD2.1m

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Woodea is a construction company that specializes in building multi-family high-rise buildings using technical wood as the main construction material. The company operates in the sustainable construction market, focusing on component-based and industrialized construction methods. This means they use pre-made parts and eco-friendly processes to build structures more efficiently and sustainably.

Woodea primarily serves real estate developers and investors who are looking for innovative and environmentally friendly construction solutions. By using technical wood, Woodea not only promotes sustainability but also offers a modern alternative to traditional building materials like concrete and steel.

The company's business model is built around collaboration and transparency. From the initial phases of a project, Woodea works closely with its clients to ensure trust and clear communication. They offer a platform for work monitoring, where clients can track financial aspects, progress, and deadlines. This level of transparency is further enhanced by their "open books" policy. Woodea agrees on an industrial margin for the work and provides detailed, auditable financial records. This approach aligns Woodea's incentives with those of the developers, ensuring that both parties are working towards the same goals.

Woodea makes money by charging for their construction services, which include the cost of materials, labor, and other direct and indirect expenses. Their transparent budgeting methods and commitment to sustainability make them an attractive option for clients who value both financial clarity and environmental responsibility.

In summary, Woodea is a forward-thinking construction company that uses technical wood to build sustainable, multi-family high-rise buildings. They serve real estate developers and investors, operate in the sustainable construction market, and make money through a transparent and collaborative business model.

Keywords: sustainable construction, technical wood, multi-family buildings, high-rise, collaboration, transparency, real estate developers, industrialized construction, open books, eco-friendly.