Founded in 2024 bySimi and Thibault Launay, Litehaus was born out of the couple's personal experience: building their own house in Portugal, marked by 14 months of delays, 20% budget increases and the difficult coordination of 10 contractors. Today, Litehaus is creating a new paradigm in residential construction with a technological platform that connects all parts of the process – planning, professionals, execution and delivery – in a single digital and scalable solution.
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The tech startup recently raised a pre-seed round of 1.5 million euros with the participation of Explorer Investments (one of the largest Portuguese investment funds, with 1.7 million euros under management), Cornerstone VC, Pascal Levy-Garboua and the Claster Group.
This funding will be used to accelerate the development of its platform that helps land and property owners build 30% cheaper, 40% faster and 60% more sustainably – compared to the traditional process -, strengthen the team in the areas of product, marketing and operations, and consolidate its position as one of the fastest growing construction technology startups in Europe.
Rodney Appiah, Managing Partner of Cornerstone VC says: “Portugal's housing shortage has triggered a crisis, driving up the cost of living as home ownership becomes increasingly unaffordable. When I met Thibault and Simi, I was impressed by their vision: to make the process of building a house as simple as buying one. Litehaus combines transparency, sustainability and trust in a sector that urgently needs to change. We are excited to support this mission!”
The Litehaus platform functions as an operating system for home construction. It allows clients to plan, budget and visualize their projects without the need for prior experience, connects projects to a diverse network of architects, contractors and designers, coordinates teams, deadlines and costs in real time, and guarantees total visibility, fewer delays and unwanted surprises.
“We don't build houses – we build the ecosystem and infrastructure that make building houses scalable,” adds Thibault Launay, co-founder of Litehaus.
This model is already bearing fruit: Litehaus has signed 17 contracts with B2C clients worth 4 million euros and 8 MOUs (memorandums of understanding) with other real estate developers, with a construction potential of over 296 million euros. The startup has already helped build two houses and will support the construction of fifteen more.
Co-founder Simi Launay says: “I've always wanted to build businesses that change people's lives. Making affordable housing available at scale isn't just a market opportunity – it's one of the most significant ways to create a real and lasting impact.”
Headquartered in Portugal, Litehaus also operates in Spain, Estonia and the USA, with a focus mainly on Portugal and Spain. The company distinguishes itself from other solutions on the market by combining an asset-light and full-stack approach, which integrates the construction component through 3D printing, in a proposal that combines technology, efficiency, sustainability and a customer-centered experience.
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SOURCE Litehaus
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