Transforming Construction with Sustainable Modular Properties
Established in March 2021 as a spin-off from two construction companies, Moreco emerged from the vision of three entrepreneurs to revolutionize the construction industry. The startup’s concept revolves around offering a subscription plan for modular properties, particularly targeting franchises. Under this model, entrepreneurs pay only for the rental of the space, with no construction costs incurred. Each property is customized and structured sustainably to meet individual needs.
To fuel its growth, Moreco has recently partnered with Potato Valley Ventures, a venture capital firm specializing in construction and real estate markets.
For Moreco, the primary objective of this partnership is to benefit from the company’s involvement in day-to-day business operations, receiving support for industry relationships and the structuring of its proptech initiatives. Meanwhile, Potato Valley Ventures sees an opportunity to invest in its own expansion through this collaboration.
“Our investment thesis was crafted to encompass the major industry trends within a diverse, complementary, and relevant portfolio. Being a part of Moreco represents our gateway into a growing niche of proptech companies,” says Fred Fernandes, founder of Potato Valley Ventures.
This strategic alliance signifies a significant step forward in the evolution of modular real estate solutions, blending innovative construction practices with sustainable business models. By combining Moreco’s expertise in modular property design and Potato Valley Ventures’ investment acumen, the partnership aims to drive forward-thinking developments within the construction and real estate sectors.
Moreco’s subscription-based approach to modular properties offers a flexible and cost-effective solution for entrepreneurs seeking to establish or expand their businesses. With Potato Valley Ventures’ backing, Moreco is poised to scale its operations and make a lasting impact on the construction industry landscape.
As the demand for sustainable and customizable real estate solutions continues to grow, the collaboration between Moreco and Potato Valley Ventures represents a forward-looking response to the evolving needs of the market. Together, they are set to redefine the future of construction and propel the industry towards greater innovation and sustainability.
