Beams Raises $9M to Simplify UK Home Renovations!

Home renovations can be challenging for both homeowners and builders. Small contractors rarely use modern tools, and big companies like IKEA still rely on old systems. UK startup Beams aims to change this and has secured $9 million in Series A funding to make home renovations easier. This brings their total funding to $13.3 million.

The funding was led by ETF Partners, with contributions from existing backers like Giant Ventures, firstminute capital, and Borusan Ventures.

How Beams Works?

Beams has created smart tools to simplify renovation projects. Their pricing engine predicts project costs and timelines by comparing data from over 6,000 previous projects. They also use 3D scans and laser technology to design detailed renovation models of homes.

Hayden Wood, the founder and CEO, first noticed this problem while working at renewable energy startup Bulb. He realized homeowners often avoid renovations because the process is risky and complicated. His solution? A managed marketplace that connects customers with vetted builders and streamlines the entire renovation process with software.

What Beams Has Achieved?

Since launching in September 2023, Beams has:

• Sold over £4 million in…