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Ergeon's mission is to empower the world to build.
Considering that the construction industry is worth over $10 trillion globally, it’s got its fair share of issues. Chief amongst these is a labor shortage, particularly in the USA where there are at least a half a million unfulfilled jobs.
The majority of these jobs are smaller, faster home improvement projects which don’t appeal to contractors. Homeowners in turn are often unable to source small businesses, given their lack of online visibility.
Ergeon, whose CTO is Upwork co-founder Odysseas Tsatalos, wants to bridge this divide by allowing customers to order construction projects online, then sourcing local contracting partners to complete the job while freeing them of any admin. Its first offering is fences, but the plan is to quickly roll out more home construction services.
The company was in stealth mode for four years before exploding onto the scene in 2022 with tens of millions in funding, and a global staff headcount already in the hundreds. This early aggression indicates that the plan is to expand rapidly in the US before going international.
Freddie
Company Specialist at Welcome to the Jungle
Jun 2022
$40m
SERIES B
This company has top investors
Jiayue (Jenny) He
(CEO)Served as SVP of Ops, COO, and CEO at outdoor home maintenance startup ezhome between 2015 and 2018. Founding Board Member of Persistence, a community of women executives and founders in tech.
Odysseas Tsatalos
(CTO)Co-founded now publicly traded freelancing platform Upwork in 2003, serving as CTO until 2015, before co-founding ezhome the same year. Prior to this they co-founded and were CTO of accounting software Intacct which was aquired by Sage for $850 million in 2017.