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$100 Million Raised for Home Building
About this Episode
FrameTec Overview
- Founded: 2022
- Capital Raised: $100 million
- Valuation: Approximately $1 billion
- # of Employees: 40
FrameTec Podcast Highlights
✅ Raising capital is about trust, not hype—relationships built over years lead to rapid funding success.
✅ Hiring the right mentor accelerates growth—paying for expertise creates accountability and drives high-impact decision-making.
✅ FrameTec's innovative construction process is 4x faster, produces 99% less waste, and ensures superior quality through automation.
Episode Summary
In this episode, Damion Lupo, co-founder of FrameTec, shares the journey of transforming an idea sketched on a napkin into a billion-dollar company in just two years. FrameTec is revolutionizing the construction industry with cutting-edge automation, drastically improving efficiency, reducing material waste, and accelerating build times. Damion explains how securing $100 million in capital was less about flashy presentations and more about years of relationship-building and establishing trust.
Beyond funding, Damion dives into the 10 Steps to 10 Million, emphasizing the importance of hiring the right mentors, eliminating ego, and focusing on serving others. He shares how personal and business failures shaped his approach to success, allowing him to scale at lightning speed. FrameTec’s breakthrough process in framing construction—where walls are prefabricated in a controlled environment and assembled on-site—significantly reduces costs, eliminates material waste, and enhances build precision, solving a major bottleneck in housing development.
With a mission-driven approach, FrameTec is not just changing how homes are built but also redefining how the industry collaborates. By integrating automation and smart technology, they are supporting electricians, plumbers, and contractors to streamline their work, making construction more predictable and scalable.
Notable Questions We Asked
Q: How did you raise $100 million in just two years?
A: By building deep trust with investors over years. Raising capital isn’t about hype—it’s about relationships and credibility.
Q: What are the biggest mistakes entrepreneurs make when scaling?
A: Ego, lack of mentorship, and chasing money instead of focusing on serving a mission-driven purpose.
Q: How does FrameTec’s process compare to traditional homebuilding?
A: It’s 4x faster, has 99% less material waste, and ensures higher build precision through robotics and automation.
Q: What’s the #1 lesson in going from a startup to a billion-dollar company?
A: Hire great people, trust them, and get out of their way. Success comes from leveraging the strengths of your team.
Q: How does mentorship impact business success?
A: The right mentor can save years of trial and error. Investing in mentorship forces accountability and speeds up growth exponentially.
Chapters
00:00 Intro
00:22 Company Stats
00:59 Raising Capital and Building Trust
03:13 The Importance of Mentorship
05:25 10 Steps to 10 Million
09:27 FrameTec's Innovative Construction Process
12:27 Connect with FrameTec
Listen on:
Add us on:
#ConstructionInnovation #HomeBuilding #RealEstateDevelopment #BusinessGrowth #Startups #Entrepreneurship #TechInConstruction #HousingCrisis #Automation #BuildingIndustry
Hosts & Guests
No transcript available for this episode.
