SEATTLE, 20 October 2021 / PRNewswire / – Modular, the global construction technology company that has created a scalable platform for the delivery of safe, durable and healthy multi-family homes, today announced its expansion into the United States and the opening of an office in the Seattle Region. Founded in London By leaders in the construction industry, business and technology, Modulous has developed a digital design platform, proprietary parts kit, and preferred supplier network to dramatically reduce the risk and time associated with feasibility, design, planning, permitting, construction and delivery of the project. The company aligns the interests of key stakeholders in the construction process by partnering with developers and architects or by licensing its end-to-end platform to general contractors.
âWith a nationwide shortage of over 5 million homes, there has never been a greater need to accelerate housing development in the United States,â said Chris Bone, co-founder and CEO of Modulous. âWhat makes Modulous unique is our asset-centric approach. By avoiding capital-intensive factories, we instead focus on empowering developers, architects and contractors with the information, products and processes needed to do their jobs better. We give them real-time access to the data, building components and service providers they need to develop high-quality homes at the speed and scale required by society. “
In the United States, Modulous is led by four women who were all senior executives at Katerra, the technology-driven offsite construction company that has had a transformational impact on the construction industry. Overseeing the U.S. team is Janet Stephenson, an industry leader in construction production and the former construction platform sales manager at Katerra.
âModulous was founded on the belief that everyone should have access to durable, comfortable and healthy homes,â said Stephenson, who will serve as Regional General Manager, United States. âI am thrilled to join the Modulous team as I see a unique opportunity to leverage our technology and our world-class supplier network to break the deadlock in housing production in the United States. Rather than introduce another construction factor that cannot scale, we will use our platform to align incentives in the ecosystem, accelerate sustainability, and reduce price pressure on landlords and tenants. “
Added Chris Bone, “We are absolutely delighted that Janet and her team have chosen to join Modulous. They are very talented and extremely experienced professionals who will help us land and grow in the US market. The opportunity for us is vast, and we couldn’t have had a better team of people behind the wheel. “
âModulous is exactly the kind of offsite construction company that fits Blackhorn’s thesis for this sub-sector of the built environment,â said Ray levitt, Blackhorn Ventures, the main investors behind Modulous. âThey own the customers – large public or private developers of affordable housing – and they operate as modular designers and digital supply chain integrators, while outsourcing assembly and installation to manufacturing. This allows Modulous to be very capital efficient, profitable and resilient to the industry. Expansion into the United States is the next logical step. “
Modulous has already leveraged its platform to launch several projects in the UK, and the company is currently preparing its design software, parts kit and ecosystem of partners for a product launch in the US early in this year. 2021.
About the modular platform
Modulous sits at the center of a development ecosystem that includes landowners, developers, funders, designers, suppliers and contractors, providing the information and incentives to every ecosystem participant to accelerate development projects. The company’s software streamlines project design and planning by generating fully engineered, locally viable design solutions, detailed cost information, and accurate design-stage schedules – all within seconds. In addition, the platform incorporates a rules-based generative design approach that enables top-notch sustainability standards, as well as a reporting tool that provides investors with vital information for climate risk disclosure and comparative analysis against ESG criteria.
Modulous design software is connected to a proprietary set of subassemblies – its âparts kitâ – that the company has developed to meet or exceed local building standards. Customers can use the parts kit to quickly deliver, assemble and install a new enclosure without a fixed factory. Additionally, Modulous helps minimize overhead costs for customers by seamlessly connecting them to the company’s network of leading product and service provider partners, including multinational construction industry leaders CEMEX, Knauf and Crane Worldwide Logistics.
Additional support from investors and partners
“We are delighted to have Modulous in our portfolio as it offers the industry a unique offsite construction model,” said Mateo zimmermann, Investment manager at CEMEX Ventures. âIts digital and innovative approach enables the supply chain to deliver high quality, sustainable housing, dramatically reducing time and costs. Modulous does not require additional capital expenditure which makes it scalable on a global scale, so I am excited to see it expand into the US market. . People need more housing, and this team will revolutionize the residential development industry.
“Global crane logistics is pleased to partner with Modulous to support its highly efficient offsite construction business model, âsaid Alexandre alexandre, Global Vice President of Consumer Logistics at Crane Worldwide Logistics. âThe modular sector is criticized for transporting individual units over long distances, but Modulous allows a different approach, by transporting flat-packed ‘kits of parts’ from regional suppliers to local assembly points. Crane Worldwide Logistics works with Modulable’s technology team to seamlessly integrate the entire logistics journey into its software platform and admire its global vision for transforming construction industry standards. “
US team bios
Janet Stephenson, LEED PA
Regional Director General, United States
With a reputation for being at the forefront of new practices, Janet brings 23 years of AEC experience, engaging clients in market transformation strategies for sustainability, production and offsite construction. Janet joined Katerra in 2017 to lead sales for the Western United States, ultimately becoming the Construction Platform Sales Manager for Katerra’s Garden Multi-Family Construction Platform launch.
Jennifer caldwell, AIA
Design Director, United States
Jennifer is a licensed architect with over 13 years of experience specializing in multi-family and independent living for national and local developers. With 4 years as Director of Architecture at Katerra, Jen has led the execution of Katerra’s multi-disciplinary prefabricated product projects from feasibility to construction completion.
Director of Operations, United States
Kassi is an operations professional focused on innovative and efficient execution. With her background in engineering and oilfield operations, she brings rigor to in-depth planning, efficient processes and continuous improvement. With 3.5 years in various roles at Katerra, Kassi recently oversaw construction optimization for the Garden multi-family building platform where she developed strong integration between teams for quality results.
Eva talbot, AIA
Product Director, United States
Eva is a licensed architect with over 15 years of experience in complex mixed-use architecture and development strategy. Having 3.5 years of experience with Katerra, most recently as Director of Product Design, Eva brings in-depth design expertise for the production and off-site fabrication of multi-family buildings.
Modulous is a construction technology company developing a fully digital design, costing and procurement platform, as well as a high performance parts kit to enable the rapid delivery of sustainable and affordable homes anywhere in the world. the world. By digitizing processes and âproducingâ building materials, Modulous leverages existing supply chains and end-to-end logistics to deliver a seamless, low-CapEx approach to building multi-family homes. The company is headquartered in London with an office on the west coast of the United States at Seattle, and a European office in Vienna serving the DACH market (Germany, Austria, and Switzerland). Modulous is backed by investors Blackhorn Ventures, Cemex Ventures, GroundBreak Ventures, Goldacre and the UK Future Fund. www.modulous.com
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