5 years ago
Skrap Secures £1.2 Million Seed Funding to Expand Construction Hire Services
Skrap, a UK-based proptech startup that provides on-demand skip and construction hire services through a mobile app, has raised £1.2 million in seed funding
The round was led by Vanneck Investments, with participation from a host of entrepreneurs and angel investors
Skrap aims to automate the construction hire supply chain and has worked with hundreds of suppliers across London, Manchester, and Birmingham, completing over 10,000 deliveries to thousands of SME Builders
The company plans to expand aggressively across the UK and globally.
ProblemTechnology Infrastructure
"Construction companies struggle with unorganized and fragmented logistics, asymmetric pricing, and manual processes for finding and booking construction hire services."
Solution
"Skrap is a mobile app that automates the construction hire supply chain, allowing construction companies to order any construction hire service at the click of a button. It connects construction companies with a network of suppliers, providing transparent pricing and streamlined logistics."