London startup Weaver gets $4M to build out a vetted marketplace for home renovations

 Weaver, a London-based marketplace and SaaS contract negotiation platform for matching homeowners/architects planning major home renovation projects with vetted contractors, has closed a $4 million seed round to expand nationally.

The round was led by European VC btov Partners, with participation from FJ Labs, Enterprise Fund (a syndicate of former Atlassian & Docker executives) and Dr. Stefan Heitmann (founder & CEO of MoneyPark and PriceHubble), among others.

The 2017 founded startup had previously raised $1.5 million in pre-seed financing from a number of angels — bringing its total raised to date to $5.5 million.

Weaver’s platform matches homeowners and architects with appropriate contractors (using an algorithm), facilitating obtaining quotes and price comparison — without the usual friction from having to manually research and reach out to contractors.

It is also intended to house key comms around the contract negotiation/bid process, through baked in messaging, document exchange and on-site meeting scheduling features. So the platform acts as a centralized pipeline which keeps all parties in the loop and can be used to track compliance.

“We started off as two industry founders looking for product/market fit with no-code SaaS, bootstrapping whilst minimising investment. We then invited two tech founders to join us in 2020, and it took around one and a half years to reach product/market fit on a proprietary platform,” says co-founder and CEO Greg Keane on why it’s raising a seed round now.

Contractors on Weaver’s platform are manually vetted by the startup before being allowed into the marketplace where they have a chance to bid for high end projects.