Boxabl

Housing meets mass production

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Security Type
Common Stock
Categories
Building & Construction, Real Estate
Min Investment
$1,000
Location
NORTH LAS VEGAS, NV
Offering Date
April 19, 2022
Expected Close Date
October 09, 2023
Target Raise
$10.00K-$3.27M
No. Investors
361
Security Price
$0.80
Valuation
$99,999,999
Website
boxabl.com
Number of Employees
94
Cash
$9,024,802
Revenue
$10,867,746
Short Term Debt
$9,171,892
Cost of Goods
$23,667,821
Long Term Debt
$3,090,823
Net Income
$-610,748,564

Company Description

Our first innovation was solving the shipping problem. If you can't ship a product easily and affordably then it doesn't make sense to build it in a factory. This is one reason why modular construction has failed to gain market share and why most buildings are still built one at a time, by hand, in the field. Boxabl buildings fold up to ship highway legal, enabling massive scaling of factory built housing.

Key Deal Facts

Our first innovation was solving the shipping problem. If you can't ship a product easily and affordably then it doesn't make sense to build it in a factory. This is one reason why modular construction has failed to gain market share and why most buildings are still built one at a time, by hand, in the field. Boxabl buildings fold up to ship highway legal, enabling massive scaling of factory built housing.

Management Team / Advisory Board Bios

Paolo Tiramani Founder & CEO An industrial designer and mechanical engineer Paolo holds over 150 patent filings which have generated more than $1billion in retail sales in a variety of industries. Kyle Denman Lead Engineer Kyle is the senior engineer spearheading development of the Boxabl technology. A graduate in Mechanical Engineering from Stonybrook University he holds over 20 civil engineering and automotive mechanical patents. Galiano Tiramani Founder Galiano is an entrepreneur who has founded successful startups. Notably a cryptocurrency exchange and ATM network which acts as a custodian for customer funds with an annual trade volume in excess of $10m.

Amount Raised : $721,912
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Security Description

Common stock is a security that represents ownership in a corporation.

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