Founded by former Navy SEALs, AGORUS has developed software aimed at bringing homes to market faster
San Diego’s AGORUS, a construction tech startup that’s developed software to digitize and automate home building, said Thursday that it has raised $6.5 million in a seed round of venture capital funding.
AGORUS operates a manufacturing facility in El Cajon and employs about 60 workers. For now, the company is focused on producing framed, weather wrapped and insulated panels — the shell of the home. “The big picture thing we are trying to do here is increase the speed and ease in which houses can get into the American supply, and our view is the way to do that is to reduce the complexity to build,” said Moore, chief executive of AGORUS. “Our vision statement as a company is homes in 30 days — permits to keys — everywhere we build.”Modular home construction isn’t new. Plenty of companies offer it across the country.
One drawback is the technology doesn’t add as much value to homes built on concrete slabs, which are common in Southern California, said Moore.
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