We are excited to announce that the Modsy IP and team officially became part of Lennar on August 30th, 2023. Lennar is one of the nation’s leading homebuilders and a longtime Modsy investor. Lennar shares our spirit of innovation and is an incredible fit for our people and our technology. Since our founding we have focused on using technology to help consumers imagine what is possible and make better decisions regarding their home. Lennar is allowing us to do that at an even greater scale and stretching our technology in new ways to meet the needs of homebuyers.
Founded in 2015, Modsy developed a visualization engine that allowed consumers to scan their rooms in 3D and work with online interior designers to virtually redesign their home. The team and technology were assigned into a new entity in 2022 and shifted away from providing online interior design services to focus on the core 3D technology related to the home On August 30th, 2023 the remaining team and IP were acquired by Lennar to enable the next generation of 3D innovation for the home.