Falkbuilt manufactures interior construction components in factory settings and provides digital end-to-end, offsite prefabricated solutions from design through installation using its proprietary Echo technology. The company focuses on next-generation manufacturing and factory-delivered interior systems. It intends to expand manufacturing capacity and its global network of Falkbuilt Factory Direct Branches while further investing in Echo. Falkbuilt closed a CAD35M equity financing to support those plans. Founded in 2019 and headquartered in Calgary, Alberta, the company employs over 400 people. It operates 90+ Falkbuilt Factory Direct Branches across North America, the Middle East, and India. Falkbuilt manufactures prefabricated digital components and a software platform, Echo, to accelerate and improve interior construction for healthcare, education, and commercial spaces. Echo collects and manages project information and uses big data and AI to feed appropriate data to industry-standard software. The company produces quick, cost-effective interior solutions such as doors, window frames, walls, and rapid-response headwalls with built-in electrical drops and medical brackets used during the COVID-19 pandemic. Founded in 2019, Falkbuilt has established a distribution network of more than 70 independently owned branches across North America, India, and the Middle East, which it says have completed hundreds of installations. The company recently closed a $14 million CAD Series A (with potential for an additional $6 million CAD based on milestones) and will use the capital to continue growing market share following a year of global expansion. Falkbuilt says the combination of its prefabricated components and Echo delivers significant efficiencies and value to stakeholders across architecture, design, and construction.

Total raised

$43M

Funding rounds

2

Latest round

Series A

Latest activity

Apr 2022