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Veev

Proptech/constructionUSA/Israel
💀 Dead / Bankrupt
Peak $1.4 BillionToday
~-100%
from peak
  1. 🦄
    Became a unicorn
    Mar 2022
  2. 📈
    Peak valuation
    $1.4 Billion ’22
  3. 💔
    Became a Unitard
    Nov 2023
  4. 💸
    Last valuation
    ~$0
Current status
Liquidation Nov 2023

How it happened

Veev was a US/Israeli proptech and modular-construction startup that reached a ~$1.4B valuation after a 2022 funding round. Facing a tough fundraising environment and a slumping housing market, it was unable to secure further capital and entered liquidation in November 2023, shutting down operations and losing essentially all of its value.

Source: Calcalist/TechCrunch