Wells Fargo helps assemble Connect Homes’ series A round

May 18, 2019 • Callum Cyrus

Prefabricated housing developer Connect Homes now has corporate backing in the form of Wells Fargo Strategic Capital, which invested in its $10.8m series A.

US-based prefabricated housing developer Connect Homes has closed a $10.8m series A round backed by Wells Fargo Strategic Capital, a subsidiary of financial services firm Wells Fargo.

Venture capital fund Brick and Mortar Ventures and investment firm Virgo Investment Group co-led the round, which included VC firm MetaProp NYC and family office-run vehicle Almubader Growth Fund.

Founded in 2011 and officially registered as Home Ec, Connect Homes builds affordable residential homes made entirely from interior and exterior modules prefabricated at…

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