About DraftingSPACE
DraftingSPACE is a Consumer company based in Kitchener (Canada) founded in 2013, and was acquired by BuildDirect in June 2015. Home rooms are customized using a web-based design tool. Its focus areas include Retail, Home Improvements, Enabler and Moodboards.
Company details
DraftingSPACE was established in 2013 in Kitchener, Canada, within the home improvements sector. A web-based platform is provided for homeowners to tailor rooms via layout options and style packages. Initial efforts targeted bathroom customizations. Acquisition by BuildDirect took place in June 2015, with the technology incorporated into a Design Center. Co-founders joined BuildDirect to extend tools to other spaces. Launch support was received from VeloCity at the University of Waterloo.
- Headquarters Kitchener, Canada
- Stage Acquired
- SectorsConsumer
- Website draftingspace.com
- Social LinkedIn
- Acquired by BuildDirect (Jun 2015)
- Latest Funding Round$25K (USD), Grant
Feb 2013
- Investors
- Acquired byBuildDirect
(Jun 2015)
Funding Insights of DraftingSPACE
- Total Rounds 1
- Last Round Grant — $25,000
- First Round $25,000
(Feb 2013)
All 1 funding rounds of DraftingSPACE with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2013 | $25,000 | Grant | – | – | – |
1 investors in total: 1 institutional.
Investors in DraftingSPACE
DraftingSPACE has secured backing from 1 investor. Prominent investors backing the company include BuildDirect.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Online B2B marketplace for building and home improvement products | 1999 | builddirect.com | Vancouver, Canada |
Investor details for DraftingSPACE
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of DraftingSPACE
3 dated milestones of DraftingSPACE across 2 years, from founding to its latest funding, stage changes and deals.
- Founded DraftingSPACE is founded.
- Funding First funding round of $25K.
- Exit Acquired by BuildDirect.
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Frequently Asked Questions about DraftingSPACE
DraftingSPACE was founded in 2013.
DraftingSPACE is headquartered in Kitchener, Canada. It is registered at Kitchener, Ontario, Canada.
DraftingSPACE was established in 2013 in Kitchener, Canada, within the home improvements sector. A web-based platform is provided for homeowners to tailor rooms via layout options and style packages. Initial efforts targeted bathroom customizations. Acquisition by BuildDirect took place in June 2015, with the technology incorporated into a Design Center. Co-founders joined BuildDirect to extend tools to other spaces. Launch support was received from VeloCity at the University of Waterloo.
DraftingSPACE has 1 investor. Key investors include BuildDirect.
Yes. DraftingSPACE was acquired by BuildDirect in June 2015.