Revolution Precrafted is being hailed as one of the Philippines' biggest success stories. The company has been deemed a "unicorn", raising over $1 billion dollars in its latest round of funding.
“It is not like we have fewer brilliant people here. It is more of the lack of funding,” said Jose Roberto Antonio, founder of Revolution Precrafted.
The company's success comes from its malleability. Instead of focusing on empty lots or properties, Revolution Precrafted instead sells previously established prefabricated properties of all types, from apartments to condos, hotels or even gyms.
Now that Revolution Precrafted has reached "unicorn" status and raised a billion dollars in funding, the company plans to expand. Over 20 countries are in its sights, and with that much funding, that goal doesn't seem impossible.
"No worthwhile endeavour is without challenges. When all’s said and done, we are shipping homes. It is not exactly as easy as shipping a pair of shoes or a washing machine. It is a much more complicated job—which is why our work has initially been confined to neighbouring SEA countries," said Antonio.
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