Hempitecture

Hempitecture is building a US manufacturing facility for HempWool insulation.

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Security Type
CAFES
Categories
Technology, Infrastructure, Building & Construction, Social Impact, Financial Services, Manufacturing, Sustainability, Vip
Min Investment
$100
Location
Ketchum, ID
Offering Date
June 02, 2021
Expected Close Date
April 30, 2022
Target Raise
$1.00M-$5.00M
No. Investors
2
Security Price
$1
Number of Employees
4
Cash
$70,720
Revenue
$627,762
Short Term Debt
$91,418
Cost of Goods
$350,326
Long Term Debt
$8,514
Net Income
$48,995

Company Description

Hempitecture is a Public Benefit Corporation with a purpose to create healthy, energy efficient habitats that positively impact inhabitants as well as environment through the sequestration of Carbon Dioxide. We specialize in hemp building materials because they store carbon dioxide and can be higher performing than conventional materials.

Key Deal Facts

Our products capture CO2
$1+ million in revenue w/ 250+ customers
Advisor authored the US patent for HempWool® insulation Department of Energy partnership to decarbonize building materials
USA Manufacturing and farming
Making healthier homes and a more sustainable planet possible
We're creating green, healthy jobs

Management Team / Advisory Board Bios

Matthew Mead, Founder & CEO
Matthew founded Hempitecture as a solution to global climate change and as a path towards sustainability in the built environment as an undergraduate student studying Architecture & entrepreneurship.

Tommy Gibbons, Founder & CEO
Tommy has experience in corporate finance, early-stage companies, and green building. After graduating Princeton in 2013 with a degree in public policy, he worked at Goldman Sachs before moving to San Francisco to work with mission-based startups.
Amount Raised : $854,905
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Security Description

A CAFES (Contract and Future Equity Stake) can convert into different types of equity upon a Triggering Event, such as: common or preferred stock for a corporation, limited partnership interest for a limited partnership and membership interest for a limited liability company. At the time of the Triggering Event, the specific rights and limitations associated with the equity stake being issued to the investors will be determined and disclosed by the Entrepreneur.

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