Home Construction Community Kolo has announced that it has raised $550K in Better Capital led pre-seed funding round.
Speaking on the announcement, Jery Althaf, Co-Founder of Kolo, commented, “We found that decision-making in home construction is inherently a ‘social’ activity. The homeowners go through huge volumes of content and interact with their family, relatives, and service professionals to make decisions about their ‘dream home’. So we are taking a social-first approach to support the entire home construction journey through Kolo.”
“We strongly believe in enabling the existing ecosystem of service providers, brands, and material providers,” added Pranav Garg, Co-Founder – Kolo.
Jery further added, “We got our inspiration when we saw large active Facebook communities formed around home. We were blown away by the hunger we saw there. We also had first-hand intense experiences during construction as both Pranav’s and my families recently constructed new homes.”
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.