Cottage, a San Francisco, CA-based software platform and marketplace that unites homeowners and contractors to build Accessory Dwelling Units (ADUs), closed $15m Series A funding round.
The round was led by Fifth Wall with participation from 1Sharpe Ventures, DivcoWest and existing investors Susa Ventures and Base10 Partners. As part of this round of financing, Fifth Wall’s Dan Wenhold will join Cottage’s board of directors.
This new round of capital will enable the company to further invest in its software platform and expand to new markets across the US.
Led by Alex Czarnecki, Founder & CEO, Cottage provides a SaaS-enabled marketplace for residential construction, starting with Accessory Dwelling Units (ADUs). By digitizing the design-build process, the solution enables homeowners to design and manage their ADU projects online while ensuring delivery through a curated marketplace of contractors. Contractors on the platform get a pipeline of projects and time-saving tools, so they can focus on providing quality work and client service.
Since its launch in 2020, the company has worked with hundreds of homeowners and contractors across the San Francisco Bay Area and Los Angeles to design and build their custom ADUs.