Katerra is a technology-driven offsite construction company. The company also offers materials sourcing, qualification, demand aggregation and delivery services.
Katerra is putting modern technology to work at all levels of building design and construction to help address some of the industry’s most entrenched challenges.
Katerra was founded in 2015 by Michael Marks along with Fritz Wolff. The company is headquartered in Menlo Park, California, with Asian headquarter based in Bengaluru, Karnataka, India, Katerra has over 20 offices throughout North America and Asia.
Katerra's technology-driven efficiencies and insights have driven extraordinary productivity gains in the global economy over the last several decades.
Katerra is known for its use of mass timber construction and its manufacture of mass timber products such as glued laminated timber and cross-laminated timber. In support of this specialty, Katerra purchased MGA | Michael Green Architecture in 2018. Its other acquisitions are Lord Aeck Sargent (LAS), KGD and Equilibrium.
Katerra is putting modern technology to work at all levels of building design and construction to help address some of the industry’s most entrenched challenges. It exists to help transform construction through technology—every process and every product.
Katerra has projects ongoing in several states; as of the end of 2018 it has 700 projects underway and many in backlog. It plans to build up to 14 distribution centers across the country.
Katerra is backed by Softbank, RiverPark Ventures, Four Score Capital and others. The company has raised a total of $1.2B in funding to date. Their funding was raised on Sep 20, 2018, which was a Series D round of a $133.9M. The company has reported valuation of $3B.
Katerra was listed on LinkedIn's "Top Startup Companies" to work for in 2017.